PM Modi’s Cabinet Approves Major Agriculture Schemes
Introduction
The Union Cabinet, led by Prime Minister Narendra Modi, has approved two significant schemes: the PM Rashtriya Krishi Vikas Yojana (PM-RKVY) and the Krishonnati Yojana (KY). These initiatives aim to boost food security and promote sustainable agriculture with a budget of over Rs 1 lakh crore.
Scheme Details
The PM-RKVY focuses on sustainable agriculture, while the KY addresses food security and agricultural self-sufficiency. Both schemes will utilize technology for efficient implementation and are executed through state governments.
Financial Allocation
The total proposed expenditure for these schemes is Rs 1,01,321.61 crore, with the central government contributing Rs 69,088.98 crore and the states contributing Rs 32,232.63 crore.
Implementation Strategy
The schemes will continue existing programs and introduce new initiatives like the National Mission for Edible Oil-Oil Palm and Digital Agriculture. The Mission Organic Value Chain Development for the North Eastern Region will be enhanced to address regional challenges.
State Flexibility
States can create comprehensive strategic plans for agriculture, focusing on climate resilience and value chain development. They have the flexibility to reallocate funds based on specific needs.
Doubts Revealed
PM Modi -: PM Modi refers to Narendra Modi, who is the Prime Minister of India. He leads the government and makes important decisions for the country.
Union Cabinet -: The Union Cabinet is a group of top government officials in India, including the Prime Minister and other ministers, who make important decisions for the country.
PM-RKVY -: PM-RKVY stands for PM Rashtriya Krishi Vikas Yojana. It is a government scheme aimed at improving agriculture and food security in India.
Krishonnati Yojana -: Krishonnati Yojana is another government scheme focused on enhancing agricultural practices and ensuring sustainable farming in India.
Food security -: Food security means having enough food for everyone in the country to eat, ensuring that people do not go hungry.
Sustainable agriculture -: Sustainable agriculture is farming in a way that is good for the environment and can continue for a long time without harming the planet.
Rs 1 lakh crore -: Rs 1 lakh crore is a large amount of money, equal to 100,000 crore rupees, which is being spent on these agriculture schemes.
Technology-driven efficiency -: Technology-driven efficiency means using modern tools and machines to make farming faster and more effective.
Central government -: The central government is the main government of India, which makes decisions for the whole country.
State governments -: State governments are the governments of individual states in India, which make decisions for their specific regions.
