MALAPPURAM: The functioning of the Welfare Fund Board, which ensures benefits for farmers, is uncertain due to the extension of the approval by the Finance Department. The agriculture department has approached the finance department several times to decide on pensions and other benefits through the board, but the file has been deferred. The delay is attributed to the requirement that the minimum period for paying the premium is five years and the benefits will only be payable in 2026. Farmers are hesitant to join the scheme due to the ambiguity. The Welfare Board is also unable to provide clear answers to the questions.

In October 2020, the government established the Farmers' Welfare Fund Board. Registration started in December 2021, but so far only 17,921 farmers have enrolled. The government aimed to have 20 lakh members join.

Eleven benefits such as pensions, marriage-educational assistance, maternity benefits, low-interest housing loans, disability benefits, insurance coverage and post-death benefits have been announced for those who participate. Approval from the finance department is necessary to determine the amounts for these benefits.

Pensions will be granted upon completion of five years in the scheme. Those who own land not less than five cents and not more than 15 acres can apply. They must have been engaged in farming for at least three years. Annual income should not exceed five lakhs. The minimum monthly premium is Rs 100. The government will match this with an amount of up to Rs 250 per month. After contributing for five years, participants will qualify for a pension which will be proportionate to the premium paid and the length of service. Pension distribution will commence after reaching the age of 60.

Farmers are required to register on the welfare board's portal. The provided information will be verified by the Agriculture Officer, Veterinary Doctor, Fisheries Sub-Inspector and Dairy Extension Officer.