New Delhi:
Noting that the federal government is totally dedicated to furthering the welfare of farmers, Prime Minister Narendra Modi on Wednesday hailed the union cupboard’s choice 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 totally dedicated to furthering welfare of farmers. We’re happy with all our farmer sisters and brothers who work exhausting 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 stated in a put up on X.
“The Cupboard choice on extending the One-time Particular Package deal on Di-Ammonium Phosphate will assist our farmers by guaranteeing DAP at reasonably priced 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 reasonably priced 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 Primarily based Crop Insurance coverage Scheme until 2025-26 with an total 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 know-how infusion within the implementation of the scheme resulting in rising transparency and declare calculation and settlement, the Union Cupboard has additionally permitted the creation of the Fund for Innovation and Expertise (FIAT) with a corpus of Rs 824.77 crore.
The fund shall be utilised in the direction of funding technological initiatives underneath the scheme specifically, YES-TECH, WINDS, in addition to analysis and growth research.
Yield Estimation System utilizing Expertise (YES-TECH) makes use of Distant Sensing Expertise for yield estimation with minimal 30 per cent weightage to Expertise based mostly 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 step by step phased out.
Beneath YES-TECH Declare calculation and settlement has been accomplished for 2023-24. Madhya Pradesh has adopted 100 per cent know-how based mostly yield estimation.
Climate Info and Community Knowledge Methods (WINDS) envisages establishing Automated Climate Stations (AWS) at block stage and Automated Rain Gauges (ARGs) at panchayat stage. Beneath WINDS, 5 instances enhance in present community density is envisaged to develop hyper native climate knowledge. Beneath the initiative, solely knowledge rental prices are payable by Central and State Governments. 9 main states are within the strategy 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) on account of varied 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 offer profit to state governments with greater central fund sharing in 90:10 ratio.
The federal government stated all efforts are made and can proceed to be made to saturate all farmers of northeastern states on precedence.
Nevertheless, 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 tasks and schemes with fund necessities.
Union Agriculture Minister Shivraj Singh Chouhan hailed the union cupboard selections and stated 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 stated the cupboard selections will present monetary safety to farmers on crop loss on account of pure disasters. Reasonably priced and steady availability of fertilizer shall be ensured, which can enhance agricultural manufacturing, he stated.
(Aside from the headline, this story has not been edited by NDTV workers and is printed from a syndicated feed.)