Explanation:

According to NFSM report, the total financial implications for the NFSM were to be Rs 4,882.48 crore during the XI Plan (2007-08 2011-12). The implementation of the NFSM would result in increasing the production of rice by 10 million ton, wheat by 8 million ton and pulses by 2 million ton by 2011-12. Restoring soil fertility and productivity at the individual farm level. Creation of employment opportunities and enhancing farm level economy i.e. farm profits to restore confidence amongst the farmers. Beneficiaries can choose to draw loans from the Banks, in which case subsidy amount prescribed for a particular component for which the loan availed will be released to the Banks. Otherwise it is directly allocated to state government which distributes among them. Promotion and extension of improved technologies i.e., seed, Integrated Nutrient Management including micronutrients, soil amendments, IPM and resource conservation technologies along with capacity building of farmers. Subsidies are also given for farm instruments and technologies such as Rotovators, Sprinkler Sets, Multi Crop planters etc. Farmers and their dependents are eligible for this scheme. Productions of breeder seeds are done under ICAR while certified seeds and pulses are implemented by State and District agencies. For wheat and rice, these all are done by State Government agencies at district level or state level.