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Agriculture · Economics

Prime Minister Dhan-Dhaanya Krishi Yojana (PMDKY)

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Why in the News?

Finance Minister while presenting the Union Budget announced the launch of the Prime Minister Dhan-Dhaanya Krishi Yojana (PMDKY).

About the Prime Minister Dhan-Dhaanya Krishi Yojana (PMDKY):

  • The PMDKY aims to enhance agricultural productivity, crop diversification, storage infrastructure, irrigation, and credit access.
  • Key Features
    • Identifies 100 districts with low productivity, moderate cropping intensity, and below-average credit access.
    • Develops panchayat/block-level storage and expands irrigation coverage.
    • Ensures affordable short-term & long-term loans for farmers.
    • Uses data-driven governance & district rankings.
  • Structural Mandate:
    • Implementation: Jointly executed by Central & State Governments.
    • Funding: Drawn from existing schemes under the Ministry of Agriculture & Farmers’ Welfare and the Ministry of Fisheries, Animal Husbandry & Dairying.
    • Evaluation: Assessed based on yield improvements, credit flow, and irrigation expansion.

PYQ:

[2015] ‘Pradhan Mantri Jan-Dhan Yojana’ has been launched for:

(a) providing housing loan to poor people at cheaper interest rates

(b) promoting women’s Self-Help Groups in backward areas

(c) promoting financial inclusion in the country

(d) providing financial help to the marginalized communities

 

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