1st Engine of Development: Agriculture | Current Affairs | Vision IAS
Union Budget Logo

    1st Engine of Development: Agriculture

    Posted 01 Feb 2025

    Updated 04 Feb 2025

    3 min read

    Prime Minister Dhan-Dhaanya Krishi Yojana - Developing Agri Districts Programme 

     

    • Inspiration:  Success of the Aspirational Districts Programme
    • Coverage: Through the convergence of existing schemes and specialized measures, the programme will cover 100 districts with low productivity, moderate crop intensity and below-average credit parameters.
    • Target: 1.7 crore farmers.

    Multi-sectoral 'Rural Prosperity and Resilience' programme

     

    • To be launched in partnership with states.
    • Objective: To address under-employment in agriculture through skilling, investment, technology, and invigorating the rural economy.
    • Goal: To generate ample opportunities in rural areas so that migration is an option, but not a necessity. 
    • Coverage:  In Phase-1, 100 developing Agri-districts will be covered.
    • Focus: Rural women, young farmers, rural youth, marginal and small farmers, and landless families.

    Mission for Aatmanirbharta in Pulses

     

    • Tenure:  6 years.
    • Focus on: Tur, Urad, and Masoor pulses.
    • Objective: Unlimited procurement of these 3 pulses by central agencies (NAFED and NCCF) during the next 4 years from farmers who register with these agencies and enter into agreements.

    Mission for Cotton Productivity

     

    • Tenure: 5 year
    • Objective: To facilitate improvements in productivity and sustainability of cotton farming, and promote extra-long staple cotton varieties.
    • Aligned with integrated 5F vision for the textile sector: The '5F' Formula encompasses - Farm to fibre; fibre to factory; factory to fashion; fashion to foreign.
      • This will ensure a steady supply of quality cotton for rejuvenating India's traditional textile sector.

    Framework for sustainable harnessing of fisheries from Indian Exclusive Economic Zone and High Seas

    • Objective: To unlock the untapped potential of the marine sector
    • Focus areas: Andaman & Nicobar and Lakshadweep Islands.
    • Key facts:
      • India ranks 2nd largest globally in fish production and aquaculture.
      • Seafood exports are valued at 60 thousand crore.

     

    Other key highlights

    • Comprehensive Programme for Vegetables & Fruits
      • To be launched in partnership with states.
      • Objective: To promote production, efficient supplies, processing, and remunerative prices for farmers.
    • Makhana Board in Bihar
      • Objective: To improve production, processing, value addition, marketing & organization of people engaged in makhana production into FPOs.
    • National Mission on High Yielding Seeds: It aims to -
      • Strengthening of research ecosystem;
      • Targeted development and propagation of seeds with high yield, pest resistance & climate resilience; and
      • Commercial availability of more than 100 seed varieties released since July 2024.
    • Enhanced Credit through Kisan Credit Cards (KCC)
      • Loan limit under Modified Interest Subvention Scheme will be enhanced from 3 lakh to 5 lakh for loans taken through the KCC.
      • Key Fact: KCC facilitate short term loans for 7.7 crore farmers, fishermen, and dairy farmers.
    • Urea Plant to be set up at Namrup, Assam.
      • So far, 5 Urea plants have been revived across India: Sindri (Jharkhand); Barauni (Bihar); Gorakhpur (U.P.); Ramagundam (Telangana); Talcher (Odisha)
    • India Post complemented by India Post Payment Bank (IPPB) to act as a Catalyst for the Rural Economy.
      • It will become a public logistics organization serving Viswakarmas, entrepreneurs, women, SHGs, MSMEs, and businesses.
    • Support to National Cooperative Development Corporation (NCDC) for its lending operations for the cooperative sector.
    • Tags :
    • National Cooperative Development Corporation
    • Aspirational Districts Programme
    • Mission for Aatmanirbharta in Pulses
    • PM Dhan-Dhaanya Krishi Yojana
    • Kisan Credit Cards
    Watch Union Budget
    Subscribe for Premium Features