PM launches mega agri schemes, Pg9.

Key Highlights:

• PM Narendra Modi launched the PM Dhan Dhaanya Krishi Yojana (PMDDKY) and the Mission for Aatmanirbharta in Pulses with a total outlay of ₹35,440 crore.
• Inaugurated 1,054 projects worth ₹3,650 crore completed under Agriculture Infrastructure Fund (AIF) after June 2024.
• Inaugurated and laid the foundation of 17 animal husbandry projects worth ₹1,166 crore and 16 fisheries projects worth ₹693 crore under Pradhan Mantri Matsya Sampada Yojana (PMMSY).
• Launched 11 projects worth ₹808 crore to promote food processing under Pradhan Mantri Kisan Sampada Yojana and the Production Linked Incentive Scheme for Food Processing Industry (PLISFPI).
• The PMDDKY aims to develop 100 agricultural districts based on low productivity, moderate crop intensity, and below-average access to credit, with an outlay of ₹24,000 crore.
• The pulses mission has an outlay of ₹11,440 crore.

Detailed Insights:

• The PMDDKY will utilize the convergence of various existing schemes to achieve its objectives in the selected agricultural districts.
• The government aims to make India self-reliant in food production and also produce for the global market, focusing on crops that dominate global markets.
• The current government has provided fertilizer subsidies of more than ₹13 lakh crore over the last 10 years, contrasting with the ₹5 lakh crore provided by the previous government.
• Under PM Kisan Samman Nidhi, ₹3.75 lakh crore has been directly deposited into farmers' bank accounts.
• The recent slash in GST rates aims to reduce expenses for farmers and animal husbandry, facilitating higher profits.
• The Union Budget 2025-26 included the announcement of both the PMDDKY and the Mission for Aatmanirbharta in Pulses.

Key Concepts Involved:

• PM Kisan Samman Nidhi: A scheme providing income support to small and marginal farmers.
• Minimum Support Price (MSP): The price at which the government purchases crops from farmers to protect them from price fluctuations.
• Agriculture Infrastructure Fund (AIF): A fund to provide medium-long term debt financing facility for investment in projects for post-harvest management infrastructure and community farming assets.