Mukhyamantri Krishak Samriddhi Yojana, approved by the Uttar Pradesh Government and implemented through the Uttar Pradesh Sahakari Gram Vikas Bank Ltd (UPSGVB), aims to provide affordable long-term agricultural credit to small and marginal farmers. Under the scheme, eligible farmers can avail loans of up to Rs. 6 lakh at a concessional 6% annual interest rate, supported by state-funded interest subsidy benefits.
Uttar Pradesh Mukhyamantri Krishak Samriddhi Yojana Highlights | |
|---|---|
| Scheme Name | Mukhyamantri Krishak Samriddhi Yojana (MKSY) |
| Cabinet Approval Date | 15 September 2026 |
| Announced By | Chief Minister Yogi Adityanath |
| Implementing Agency | Uttar Pradesh Sahakari Gram Vikas Bank Ltd (UPSGVB) |
| Nodal Department | Department of Cooperation, Government of Uttar Pradesh |
| Objective | Provide affordable long-term agricultural credit to small and marginal farmers |
| Maximum Loan Amount | Up to Rs. 6 lakh |
| Interest Rate | 6% per annum |
| State Support | Interest subsidy of around 5% on eligible loans |
| Eligible Beneficiaries | Small and marginal farmers residing in Uttar Pradesh |
| Eligible Landholding | Marginal Farmers (up to 1 hectare), Small Farmers (1-2 hectares) |
| Permitted Uses | Farm machinery, irrigation assets, land development, horticulture, agricultural and allied activities |
| Budget Allocation (2026-27) | Rs. 38 crore |
| Application Status | Detailed operational guidelines awaited |
| Related Scheme | Nandini Krishak Samriddhi Yojana (separate dairy development scheme) |
Introduction of Uttar Pradesh Mukhyamantri Krishak Samriddhi Yojana: A Brief Insight
Access to affordable agricultural credit remains a major challenge for many small and marginal farmers in Uttar Pradesh. In the absence of timely institutional finance, farmers often depend on informal sources that charge high rates of interest and increase their financial burden. To address this concern, the Uttar Pradesh Cabinet approved Mukhyamantri Krishak Samriddhi Yojana on 15 September 2026 under the leadership of Chief Minister Yogi Adityanath.
The scheme is being implemented through the Uttar Pradesh Sahakari Gram Vikas Bank Ltd. (UPSGVB) under the Department of Cooperation. Its primary objective is to make long-term agricultural finance more accessible and affordable for small and marginal farmers, enabling them to invest in productive farm assets and strengthen their livelihoods.
Under Mukhyamantri Krishak Samriddhi Yojana, eligible farmers can avail loans of up to Rs. 6 lakh at a concessional interest rate of 6% per annum. To further reduce borrowing costs, the State Government will provide an interest subsidy of around 5%. The scheme is specifically targeted at marginal farmers owning up to 1 hectare of land and small farmers with landholdings between 1 and 2 hectares.
The Uttar Pradesh Government has also made a dedicated budgetary provision of Rs. 38 crore in the financial year 2026-27 to support the interest subsidy component. Through this initiative, the government aims to encourage long-term investment in agriculture, improve farm productivity, and reduce farmers’ dependence on costly informal credit sources.
Since the scheme has been approved only recently, detailed operational guidelines and the formal application process are still awaited. Farmers interested in availing the benefit should stay in touch with their nearest UPSGVB branch and follow updates issued by the Department of Cooperation and the Department of Agriculture, Uttar Pradesh.
Farmers can also explore other Uttar Pradesh initiatives under the same “Krishak Samriddhi” umbrella, including the Nandini Krishak Samriddhi Yojana and Mini Nandini Krishak Samriddhi Yojana, both dairy-focused schemes under the Nand Baba Dugdh Mission, supporting indigenous cow dairy units with project cost subsidies. Farmers can also continue benefiting from the Central Government’s PM Kisan Samman Nidhi Yojana, and safeguard against accidents through the Mukhyamantri Krishak Durghatna Kalyan Yojana.
Small and marginal farmers, and anyone looking for more agricultural and welfare schemes available under the Uttar Pradesh Government, can explore all available programmes on our Uttar Pradesh Government Welfare Schemes page.
Benefits Provided to Eligible Beneficiaries
The Uttar Pradesh Cabinet has approved Mukhyamantri Krishak Samriddhi Yojana with the objective of making long-term agricultural finance more affordable for small and marginal farmers. The key benefits announced so far are outlined below.
Loan Amount and Concessional Interest Rate
- Eligible farmers can avail a loan of up to Rs. 6 lakh through the scheme
- The loan will carry a concessional interest rate of 6% per annum
- To reduce the financial burden on farmers, the State Government will provide an interest subsidy of approximately 5% on eligible loans
- The reduced interest structure is expected to make agricultural investment more affordable and improve farmers’ access to institutional credit
Support for Long-Term Agricultural Development
- The scheme focuses on long-term agricultural loans rather than short-duration crop finance
- Loan assistance can be used for farm development and asset creation, subject to bank approval and applicable lending norms
- Potential uses may include agricultural machinery, irrigation facilities, land improvement works, horticulture projects, and other farm-based income-generating activities
Implementation Through Cooperative Banking Network
- Financial assistance will be provided through the Uttar Pradesh Sahakari Gram Vikas Bank Ltd. (UPSGVB)
- The scheme leverages the state’s cooperative rural banking structure to improve credit access for small and marginal farmers
Budgetary Support from the State Government
- The Uttar Pradesh Government has earmarked Rs. 38 crore in the Budget 2026-27 to support the interest subsidy component of the scheme
- This allocation is intended to ensure sustained implementation and reduce borrowing costs for eligible beneficiaries
Don’t Confuse This With Other “Krishak Samriddhi” Schemes
Several government programmes in Uttar Pradesh use the term “Krishak Samriddhi” in their names. For example, Nandini Krishak Samriddhi Yojana and Mini Nandini Krishak Samriddhi Yojana are dairy development schemes operating under the Nand Baba Dugdh Mission and provide support for setting up indigenous cow-based dairy units. This article specifically covers Mukhyamantri Krishak Samriddhi Yojana, which focuses on providing concessional long-term agricultural loans to small and marginal farmers.
Eligibility Conditions Required to be Fulfilled
The Uttar Pradesh Government has outlined the basic framework of Mukhyamantri Krishak Samriddhi Yojana while approving the scheme. However, detailed eligibility guidelines are yet to be released by the Cooperative Department.
- Must be a permanent resident of Uttar Pradesh
- The scheme is intended for small and marginal farmers, as defined below:
- Marginal Farmer: Owns or cultivates agricultural land up to 1 hectare
- Small Farmer: Owns or cultivates agricultural land between 1 and 2 hectares
- Must possess cultivable agricultural land within Uttar Pradesh, supported by valid and updated land records
- Applicants are likely to require a satisfactory repayment and credit record with banks or cooperative institutions, in line with the usual lending norms of Uttar Pradesh Sahakari Gram Vikas Bank (UPSGVB)
Not Yet Officially Confirmed
- Whether any separate annual income limit will apply in addition to the landholding criteria
- Minimum or maximum age conditions for applicants
- Preference categories, reservation norms, or beneficiary selection criteria, if any
- Whether existing borrowers of other agricultural loan schemes will receive priority or special consideration
Documents Required to be Attached
Mukhyamantri Krishak Samriddhi Yojana received approval from the Uttar Pradesh Cabinet on 15 September 2026. However, the Cooperative Department has not yet released detailed operational guidelines. Based on the standard agricultural term loan process followed by the Uttar Pradesh Sahakari Gram Vikas Bank (UPSGVB), applicants should keep the following documents ready.
- Aadhaar Card
- Land records such as Khatauni and Khasra, showing clear ownership or cultivation rights over the agricultural land
- Identity proof, such as Voter ID Card or PAN Card
- Valid address proof
- Bank passbook copy showing account details
- Recent passport-size photographs
- Income Certificate, wherever applicable
- Project or activity details, including cost estimates, quotations, or machinery specifications if the loan is being sought for equipment purchase or farm development activities
How Beneficiaries Can Apply to Avail the Benefit of the Scheme
Mukhyamantri Krishak Samriddhi Yojana is a newly approved scheme, and the Uttar Pradesh Government has not yet released a dedicated application portal or detailed operational guidelines. Until official instructions are issued, farmers can prepare themselves by following the steps below and staying in touch with the implementing agency.
What You Can Do Right Now
Step 1: Check that your Khatauni and Khasra records are updated and correctly reflect your ownership or cultivation rights. Any discrepancies should be resolved before applying for the scheme.
Step 2: Ensure your Aadhaar number is linked with your bank account and other relevant records, as government-backed loan schemes commonly rely on Aadhaar-based verification.
Step 3: Complete your farmer registration, if applicable, with the Department of Agriculture, Uttar Pradesh, since registration is often required for availing agricultural benefits and institutional credit support.
Step 4: Visit your nearest Uttar Pradesh Sahakari Gram Vikas Bank (UPSGVB) branch and enquire about the latest developments related to Mukhyamantri Krishak Samriddhi Yojana.
What’s Likely to Happen Once the Scheme Is Fully Operational
Step 1: Eligible farmers will likely be required to submit a loan application containing details such as landholding, proposed agricultural activity, investment requirement, and the amount of financial assistance sought.
Step 2: Applicants may need to attach supporting documents, including Aadhaar Card, land records, bank account details, identity proof, and any project-related estimates or quotations, wherever applicable.
Step 3: The bank is expected to verify the submitted documents and may conduct a field inspection to assess the land, proposed investment, and overall feasibility of the project.
Step 3: After technical and financial evaluation, eligible applications may be approved and a formal sanction letter issued, specifying the loan amount, repayment period, and applicable terms.
Step 4: Once all formalities are completed, the sanctioned loan amount is likely to be released either into the farmer’s bank account or directly to authorised vendors, depending on the nature of the approved activity.
Important: Avoid relying on unofficial websites, social media posts, or individuals claiming to offer immediate registration under the scheme. As detailed guidelines are still awaited, farmers should depend only on information provided by UPSGVB branches and the Department of Agriculture, Uttar Pradesh for authentic updates.
Important Links Available of the Scheme
Contact Details in Case of Help Needed
- Implementing Agency: Uttar Pradesh Sahakari Gram Vikas Bank Ltd (UPSGVB)
- Nodal Department: Department of Cooperation, Government of Uttar Pradesh
- Local Level: Visit your nearest UPSGVB branch or empanelled cooperative credit society
Frequently Asked Questions (FAQs)
Q. What is Mukhyamantri Krishak Samriddhi Yojana?
Ans. Mukhyamantri Krishak Samriddhi Yojana is a farmer-focused loan scheme approved by the Uttar Pradesh Cabinet on 15 September 2026. The scheme aims to provide affordable long-term agricultural credit to small and marginal farmers through the Uttar Pradesh Sahakari Gram Vikas Bank (UPSGVB).
Q. Who can apply for this scheme?
Ans. The scheme is intended for small and marginal farmers who are permanent residents of Uttar Pradesh and possess cultivable agricultural land in the state. Detailed eligibility guidelines are expected to be released separately by the government.
Q. Has the application process started?
Ans. No. While the scheme has received Cabinet approval, the government has not yet notified a dedicated application process or launched a separate portal. Farmers should wait for the official implementation guidelines.
Q. How much loan can a farmer get under the scheme?
Ans. Eligible beneficiaries can avail a loan of up to Rs. 6 lakh, subject to the bank’s appraisal, eligibility conditions, and approved project requirements.
Q. What is the interest rate under Mukhyamantri Krishak Samriddhi Yojana?
Ans. The scheme provides loans at a concessional interest rate of 6% per annum. The State Government will support the scheme through an interest subsidy mechanism to reduce the borrowing burden on farmers.
Q. Is this the same as Nandini Krishak Samriddhi Yojana?
Ans. No. Nandini Krishak Samriddhi Yojana and Mini Nandini Krishak Samriddhi Yojana are separate dairy development schemes under the Nand Baba Dugdh Mission. Mukhyamantri Krishak Samriddhi Yojana is a distinct agricultural loan scheme aimed at supporting farm investment and development.
Q. What activities can be financed through the loan?
Ans. The loan is expected to support a range of agricultural and allied activities, including farm mechanisation, irrigation facilities, land development, horticulture projects, and other productive farm investments, subject to UPSGVB lending norms.
Q. What will be the repayment period for the loan?
Ans. The scheme is designed for long-term agricultural investment. However, the exact repayment tenure, instalment structure, and other loan conditions will be clarified once detailed operational guidelines are issued.
Q. Which institution will provide the loan?
Ans. Financial assistance under the scheme will be provided through the Uttar Pradesh Sahakari Gram Vikas Bank Ltd. (UPSGVB), which serves as the implementing financial institution.
Q. How can I apply once the scheme becomes operational?
Ans. Farmers are expected to apply through their nearest UPSGVB branch and submit the prescribed application form along with the required documents. The final application procedure will be announced by the government and the bank.
Q. What budget has been allocated for the scheme?
Ans. The Uttar Pradesh Government has earmarked Rs. 38 crore in the Budget 2026-27 to support the interest subsidy component of Mukhyamantri Krishak Samriddhi Yojana.
Q. Where can I get authentic updates about the scheme?
Ans. For the latest information, farmers should contact their nearest UPSGVB branch or follow updates issued by the Department of Agriculture and the Government of Uttar Pradesh through official channels.
Tabassum is a government schemes researcher and writer with 5 years of experience tracking Central and State welfare scheme programmes across India. She has covered 500+ schemes spanning agriculture, women welfare, education, and housing, helping lakhs of beneficiaries understand their entitlements in simple language.