New Delhi:
Noting that the federal government is absolutely dedicated to furthering the welfare of farmers, Prime Minister Narendra Modi on Wednesday hailed the union cupboard’s resolution to proceed Pradhan Mantri Fasal Bima Yojana and restructured weather-based Crop Insurance coverage Scheme and prolong the one-time particular package deal on di-ammonium phosphate past NBS subsidy from January 1 to December 31, 2025.
“Ours is a Authorities absolutely dedicated to furthering welfare of farmers. We’re pleased with all our farmer sisters and brothers who work onerous to feed our nation. The primary Cupboard of 2025 is devoted to enhancing prosperity for our farmers. I’m glad that key selections have been taken on this regard,” PM Modi mentioned in a put up on X.
“The Cupboard resolution on extending the One-time Particular Package deal on Di-Ammonium Phosphate will assist our farmers by making certain DAP at inexpensive costs,” he added.
The Union Cupboard on Wednesday permitted the extension of the One-time Particular Package deal on Di-Ammonium Phosphate (DAP) past the NBS subsidy for the interval from January 1 this yr until additional orders to make sure sustainable availability of DAP at inexpensive costs to the farmers.
The tentative budgetary requirement can be roughly upto Rs 3,850 crore.
The Union Cupboard additionally permitted the continuation of the Pradhan Mantri Fasal Bima Yojana and Restructured Climate Based mostly Crop Insurance coverage Scheme until 2025-26 with an general outlay of Rs 69,515.71 crore from 2021-22 to 2025-26.
The choice will assist in danger protection of crops from non-preventable pure calamities for farmers throughout the nation until 2025-26.
As well as, for large-scale expertise infusion within the implementation of the scheme resulting in growing transparency and declare calculation and settlement, the Union Cupboard has additionally permitted the creation of the Fund for Innovation and Know-how (FIAT) with a corpus of Rs 824.77 crore.
The fund shall be utilised in direction of funding technological initiatives beneath the scheme specifically, YES-TECH, WINDS, in addition to analysis and growth research.
Yield Estimation System utilizing Know-how (YES-TECH) makes use of Distant Sensing Know-how for yield estimation with minimal 30 per cent weightage to Know-how primarily based yield estimates. 9 main states are presently implementing (specifically AP, Assam, Haryana, Uttar Pradesh, MP, Maharashtra, Odisha, Tamil Nadu and Karnataka).
Different states are additionally being on-boarded expeditiously. With wider implementation of YES-TECH, Crop Chopping Experiments and associated points shall be steadily phased out.
Below YES-TECH Declare calculation and settlement has been carried out for 2023-24. Madhya Pradesh has adopted 100 per cent expertise primarily based yield estimation.
Climate Info and Community Knowledge Techniques (WINDS) envisages establishing Automated Climate Stations (AWS) at block stage and Automated Rain Gauges (ARGs) at panchayat stage. Below WINDS, 5 instances improve in present community density is envisaged to develop hyper native climate information. Below the initiative, solely information rental prices are payable by Central and State Governments. 9 main states are within the technique of implementing WINDS (Kerala, Uttar Pradesh, Himachal Pradesh Puducherry, Assam, Odisha, Karnataka, Uttarakhand & Rajasthan are in progress), whereas different states have additionally expressed willingness to implement.
WINDS couldn’t be carried out by states throughout 2023-24 (1st yr as per EFC) attributable to numerous background preparatory and planning work required earlier than tendering. Accordingly, the Union Cupboard has permitted 2024-25 as the primary yr of implementation of WINDS as in comparison with 2023-24 earlier to provide profit to state governments with larger central fund sharing in 90:10 ratio.
The federal government mentioned all efforts are made and can proceed to be made to saturate all farmers of northeastern states on precedence.
Nonetheless, as a result of scheme being voluntary and low gross cropped space within the northeastern states, flexibility has been given to keep away from give up of funds and for reallocation in different growth initiatives and schemes with fund necessities.
Union Agriculture Minister Shivraj Singh Chouhan hailed the union cupboard selections and mentioned that the event of agriculture and the welfare of farmers is topmost precedence of the central authorities.
Lauding the union cupboard selections, Uttarakhand Chief Minister Pushkar Singh Dhami mentioned the cupboard selections will present monetary safety to farmers on crop loss attributable to pure disasters. Inexpensive and steady availability of fertilizer shall be ensured, which can improve agricultural manufacturing, he mentioned.
(Apart from the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)