Pradhan Mantri Dhan Dhanya Krishi Yojana

Pradhan Mantri Dhan Dhanya Krishi Yojana Latest News

The Finance Minister recently announced the Pradhan Mantri Dhan Dhanya Krishi Yojana, or the developing agri-districts programme, in her record 8th Union Budget presentation.

About Pradhan Mantri Dhan Dhanya Krishi Yojana

• It is a new initiative aimed at supporting farmers in 100 regions facing challenges in agriculture. 
• These areas have low crop yields, and farmers often struggle to access financial assistance.
• The scheme, in collaboration with the state government, aims to cover 100 districts in the country, and around 1.7 crore farmers will benefit from it.
• The scheme aims to generate opportunities in rural areas so that migration is an option and not a necessity.
• The scheme focuses on five key areas including:
  • Enhance agricultural productivity
  • Improve irrigation facilities
  • Improve credit availability
  • To adopt crop diversification and sustainable agriculture practices
  • To augment post-harvest storage at Panchayat and block levels.

Pradhan Mantri Dhan Dhanya Krishi Yojana FAQs

Q1. What is the PM-KISAN Scheme?

Ans. It aims to supplement the financial needs of the farmers in procuring various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income.

Q2. What is PM Fasal Bima Yojana (PMFBY)?

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Ans. It is a crop insurance scheme to provide financial protection to farmers against crop loss due to natural disasters (hail, drought, famine), pests, and diseases

Q3. What is the Kisan Credit Card (KCC) scheme?

Ans. The KCC scheme was introduced in 1998 for the issue of KCCs to farmers on the basis of their holdings for uniform adoption by the banks so that farmers may use them to readily purchase agriculture inputs.

Source: TH