Full formGovernment & Exams
LBKstands forLakh Bigha Kisan
Full Form of LBK
What is LBK?
The LBK (Lakh Bigha Kisan) refers to a category of farmers and associated government schemes in India targeting those with land holdings measured in lakh bighas. A bigha is a traditional unit of land varying by state, typically ranging from 0.6 to 1 acre. The term is used primarily in agricultural policy discussions, especially in states like Rajasthan, Madhya Pradesh, and Uttar Pradesh where larger land holdings are common. The LBK scheme provides subsidized credit, crop insurance, and direct benefit transfers to eligible farmers, playing a crucial role in supporting medium-to-large farmers while also including provisions for small farmers through sub-categories. Administered by the Ministry of Agriculture and Farmers Welfare, it is often referenced in budget allocations and rural development programmes. For competitive exams such as UPSC, IBPS AFO, and state agriculture exams, understanding LBK helps in questions related to land reform, agricultural subsidies, and the classification of farmers. The phrase 'lakh bigha' indicates substantial land area, distinguishing these farmers from marginal landholders. Overall, LBK is part of India's efforts to modernize agriculture, improve food security, and provide targeted support to a diverse farming community.
LBK का फुल फॉर्म
लाख बीघा किसान
Example
Under the new LBK scheme, farmers holding up to one lakh bigha of land are eligible for subsidized loans and crop insurance.
LBK — frequently asked questions
What is the full form of LBK?
The full form of LBK is Lakh Bigha Kisan, a term used in Indian agricultural policy to describe a category of farmers based on their land holdings in bighas.
What is the Lakh Bigha Kisan scheme?
The Lakh Bigha Kisan scheme is a government initiative that provides financial support, including subsidized credit and crop insurance, to farmers owning up to one lakh bigha of agricultural land.
How does the LBK scheme benefit small farmers?
The LBK scheme benefits small farmers by including sub-categories that allow marginal landholders to access low-interest loans and insurance, thereby improving their resilience against crop failures.