KALIA scheme extended

February 26, 2024

The Odisha state extended the cash assistance scheme, Krushak Assistance for Livelihood and Income Augmentation (KALIA) for farmers to overcome distress, by three more years with a proposed expenditure of ₹6,029 crore.
The scheme exclusively meant for small and marginal farmers as well as sharecroppers will be operational till 2026-27.
The state has been implementing the KALIA scheme since 2018-19 as a majority of the population of the state is directly or indirectly dependent on agriculture for their livelihood.
It has been synchronized with PM-KISAN to provide annual benefit of ₹10000 to small and marginal farmers (₹6,000 from PM-KISAN and ₹4,000, from KALIA).
In addition to the financial assistance component and interest subvention, KALIA offers subsidies for insurance coverage.
- Life insurance coverage of ₹2,00,000 at a premium of ₹330 per annum (of which the state government will bear ₹165) to all savings bank account holders aged between 18-50 years.
- Personal accident cover of ₹2,00,000 at a nominal premium of ₹12 per annum (half borne by the state government) targeted at all savings bank account holders aged between 18-50 years.
  - For beneficiaries in the age group of 51-70 years, the entire annual premium of ₹12 is borne by the state.