Agriculture Scheme
26-08-2023
10:06 AM
1 min read
Overview:
During the Budget speech Union finance minister announced multiple schemes towards Agriculture and Farmers' Welfare.
Key schemes announced are:
- PM PRANAM (Prime Minister Programme for Restoration, Awareness, Nourishment and Amelioration of Mother Earth)
- This programme will seek to incentivise states and union territories to promote alternative fertilisers and the balanced use of chemical fertilisers.
- Bhartiya Prakritik Kheti Bio-Input Resource Centres
- Under this10,000 Bio-Input Resource Centres will be set up, creating a national-level distributed micro-fertiliser and pesticide manufacturing network.
- This will impact over 1 crore farmers over the next three years.
- Agriculture Accelerator Fund
- The Fund will aim at bringing innovative and affordable solutions for challenges faced by farmers.
- It will also bring in modern technologies to transform agricultural practices, and increase productivity and profitability."
- Cotton crop productivity enhancement
- Union government will adopt a cluster-based approach to enhance the cotton crop.
- To enhance the productivity of extra-long staple cotton, the government will adopt a cluster-based and value chain approach through Public Private Partnerships (PPP).
- Centre of excellence for millets
- Indian Institute of Millet Research, Hyderabad will be made into a Centre for Excellence and it will be supported for sharing best practices, research and technologies at the international level.
- Agriculture credit to be increased
- The agriculture credit target will be increased to Rs 20 lakh crore with a focus on animal husbandry, dairy, and fisheries.
- GOBARdhan scheme
- Five-hundred new ‘waste to wealth’ plants under GOBARdhan (Galvanizing Organic Bio-Agro Resources Dhan) scheme will be established for promoting a circular economy.
Q1)What are Millets?
Millets are small-grained, annual, warm-weather cereals belonging to the grass family. They are rain-fed, hardy grains which have low requirements of water and fertility when compared to other popular cereals.
Source: Many key provisions for Agriculture and Farmers' Welfare in the budget