A brief of major schemes/initiatives launched by the Department of Agriculture and Farmers Welfare in recent years.
PM-KISAN is a central sector scheme launched on 24th February 2019 to supplement the financial needs of land-holding farmers, subject to exclusions. Under the scheme, a financial benefit of Rs. 6000/- per year is transferred in three equal four-monthly installments into the bank accounts of farmers’ families across the country, through Direct Benefit Transfer (DBT) mode. Till Now, Rs. 2.81 lakh crores have been transferred through Direct Benefit Transfer (DBT) to more than 11 crores beneficiaries (Farmers) through various installments.
To provide financial support and security to the most vulnerable farmer families, the Government launched Pradhan Mantri Kisan Maandhan Yojana w.e.f. 12.09.2019 to provide pension benefits to small and marginal farmers. PM KMY is meant for Small and Marginal Farmers falling in the entry age between 18 to 40 years and having cultivable land up to 2 hectares The scheme seeks to provide Rs 3,000/- monthly pension to the Small and Marginal Farmers once they attain 60 years of age. As of now, the total number of farmers enrolled under the scheme is 23.38 Lakhs.
PMFBY was launched in 2016 to provide a simple and affordable crop insurance product to ensure comprehensive risk cover for crops to farmers against all non-preventable natural risks from pre-sowing to post-harvest and to provide adequate claim amount. The scheme is demand-driven and available for all farmers A total of 5549.40 lakh farmer applications were insured under the scheme since 2016-17. Total Rs 150589.10 crore has been paid as claim.
The Interest Subvention Scheme (ISS) provides concessional short-term agri-loans to the farmers practicing crop husbandry and other allied activities like animal husbandry, dairying, and fisheries. ISS is available to farmers availing short-term crop loans up to Rs.3.00 lakh at an interest rate of 7% per annum for one year. An additional 3% subvention is also given to the farmers for prompt and timely repayment of loans thus reducing the effective rate of interest to 4% per annum. The benefit of ISS is also available for post-harvest loans against Negotiable Warehouse Receipts (NWRs) on crop loans for a further period of six months post-harvest to small and marginal farmers having Kisan Credit Cards (KCCs), on the occurrence of natural calamities and severe natural calamities. Under the KCC saturation drive announced in 2020. As of 20-10-2023, 482.73 lakh new KCC applications have been sanctioned with a sanctioned credit limit of Rs. 5,47,819 crore as part of the drive.
The Government of India has launched the Central Sector Scheme (CSS) for “Formation and Promotion of 10,000 Farmer Producer Organizations (FPOs)” in the year 2020. Formation & promotion of FPOs are to be done through Implementing Agencies (IAs), which further engage Cluster-based Based Business Organizations (CBBOs) to form & provide professional handholding support to FPOs for 05 years including preparation and execution of business plans for the concerned FPOs for ensuring better marketing opportunities & market linkages on a sustainable basis. As of 31.10.2023, a total of 7476 FPOs were registered under the scheme in the country.
To address the existing infrastructure gaps and mobilize investment in agriculture infrastructure, Rs 1 lakh crore Agri Infra Fund was launched under Aatmanirbhar Bharat Abhiyan in 2020. The Agriculture Infrastructure Fund is a medium - long-term debt financing facility for investment in viable projects for post-harvest management infrastructure and community farming assets through interest subvention and credit guarantee support.
As of 17-11-2023, Rs.32,042 Crores have been sanctioned for 42,447 projects under AIF, out of this total sanctioned amount, Rs 25,504 Crores is covered under scheme benefits. These sanctioned projects have mobilized an investment of Rs 54,487 Crores in the agriculture sector.
A new Centrally Sponsored Scheme namely, National Mission on Edible Oil (NMEO)-Oil Palm (NMEO-OP) has been launched by Government of India to promote oil palm cultivation for making the country Aatmanirbhar in edible oils with special focus on North-Eastern States and A & N Islands. The Mission will bring an additional area of 6.5 lakh ha under Oil Palm plantation with 3.28 lakh ha in the north-eastern states and 3.22 in the Rest of India in the next 5 years from 2021-22 to 2025-26.
Keeping in view the importance of beekeeping, a new Central Sector Scheme entitled National Beekeeping & Honey Mission (NBHM) was launched in 2020 under Atma Nirbhar Bharat Abhiyan for its implementation in the field for overall promotion and development of scientific beekeeping & to achieve the goal of “Sweet Revolution”.
Government is promoting Natural Farming since 2019-20 through a sub-scheme “Bhartiya Prakratik Krishi Paddhati – (BPKP)” under Paramparagat Krishi Vikas Yojna (PKVY). Under BPKP, 4.09 lakh ha area has been covered in 8 states.
The Govt. adopted the new MSP policy in 2018 based on the recommendation of the MS Swaminathan Commission. The government has increased the MSP for all mandated Kharif, Rabi, and other commercial crops with a return of at least 50 percent overall India-weighted average cost of production from 2018-19. MSP for Paddy (common) has increased to Rs. 2183 per quintal in 2023-24 from Rs. 1310 per quintal in 2013-14. MSP for Wheat increased from Rs. 1400 per quintal in 2013-14 to Rs. 2125 per quintal in 2022-23.
Since the declaration of the International Year of Millets (IYM) 2023 by the UNGA in 2021, the Government has taken a proactive multi-stakeholder engagement approach to achieve the aim of IYM 2023 and taking Indian millets globally. To investigate the gaps and challenges across the millet value chain and implementation of suitable solutions, 6 task forces were constituted. Also, 25 seed hubs have been established to ensure the availability of quality seeds of the latest improved varieties of Nutri cereals in the country. Millet missions have been launched across 13 states including Odisha, Tamil Nadu, Chhattisgarh, Assam, Karnataka, Madhya Pradesh, Maharashtra, Uttarakhand, Uttar Pradesh, Bihar, Himachal Pradesh, Gujarat, and Rajasthan. More than 500 start-ups and 350 FPOs have been established and are operational in the millet ecosystem as of now.
Looking into the unique advantages of drone technologies in agriculture, a Standard Operating Procedures (SOPs) has been released. To make this technology affordable to the farmers and other stakeholders of this sector, financial assistance @ 100 % cost of the drone together with the contingent expenditure is provided for its demonstration on the farmers’ fields. So far an amount of Rs. 138.82 crores has been released towards Kisan drone promotion.
Under RKVY Agri-startup Programme, since 2019-20, 1259 Start-ups have been selected and Rs. 83.67 crores released as grants-in-aid for funding these Start-ups.
It is a federated architecture for better planning, monitoring, policy-making, strategy formulation and smooth implementation of schemes. AgriStack architecture has the following foundational layers: -
Fashion design is a dynamic and creative field that offers innovative career openings for those with a passion for style, creativity, and invention. This composition will explore the colorful job prospects in the fashion design assiduity, the original hires one can anticipate, and punctuate some o →
Foundation Date: December 8, 1991 Headquarters: The Republic of Belarus Executive Secretaries: Sergei Lebedev Member Countries: 12 Commonwealth of Independent States (CIS) was established on December 8, 1991, and the leaders of the Republic of Belarus, the Russian Federation, and Ukraine signed an a →
In 2009, an unknown programmer by the name of Satoshi Nakamoto put forward a whitepaper that proposed a creation of new form of digital currency - cryptocurrency. Cryptocurrency functions the same way as regular currencies do in that its used as a means of exchange, unit of account and a store of va →
Headquarter: New Delhi Function and Objective of the Organization: The Food Safety and Standards Authority of India (FSSAI)has been established under Food Safety and Standards Act, 2006 which consolidates various acts & orders that have hitherto handled food-related issues in various Ministries →
If you contribute your content to our site. Please mail us your content to firstname.lastname@example.org