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15/02/25 09:37 AM IST

Prime Minister Dhan-Dhaanya Krishi Yojana

In News
  • Finance Minister Nirmala Sitharman while presenting the Union Budget on February 1 announced the launch of the Prime Minister Dhan-Dhaanya Krishi Yojana (PMDKY).
About PMDKY
  • PMDKY will cover 100 districts based on three broad parameters: low productivity, moderate crop intensity, and below-average credit parameters.
  • As per sources, the Ministry of Agriculture and Farmers’ Welfare has been collecting data of these parameters, based on which the districts will be identified.
  • Cropping intensity is a measure of how efficiently land is used, and it is defined as the percentage of the gross cropped area to the net area sown.
  • In simple words, the cropping intensity indicates the number of crops grown on a piece of land in an agricultural year (July-June).
  • At the all India level, the cropping intensity was recorded at 155% in 2021-22, although the figure greatly varied from state to state. Cropping intensity was only 111% in 1950-51.
  • The Ministry has requested the Department of Financial Services and NABARD to share the data on district wise farm credit.
Objectives of the scheme
  • Enhancing agricultural productivity;
  • Adopting crop diversification and sustainable agriculture practices;
  • Augmenting post-harvest storage at the panchayat and block level;
  • Improving irrigation facilities; and
  • Facilitating availability of long-term and short-term credit.
  • This programme is likely to help 1.7 crore farmers.
Source- Indian Express

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