Mukhya Mantri Krishi Ashirwad Yojana

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Topics covered:

  1. Major crops cropping patterns in various parts of the country, different types of irrigation and irrigation systems storage, transport and marketing of agricultural produce and issues and related constraints; e-technology in the aid of farmers.

 

Mukhya Mantri Krishi Ashirwad Yojana

 

What to study?

For prelims and mains: Key features and significance of the programme.

 

Context: VP Venkaiah Naidu recently Inaugurated Mukhya Mantri Krishi Ashirwad Yojana in Jharkhand.

 

What is the scheme all about?

The MMKAY scheme is a target set by the government to provide welfare and financial support to farmers in Jharkhand.

The scheme, which was incorporated in the state budget from the financial year 2019-2020, is the first scheme by the state government that provides 100 percent settlement through Direct Benefit Transfer (DBT) medium.

 

How does it work?

  1. Under the first phase of the MMKAY scheme, Rs 5000 will be disbursed to 13.60 lakh farmers for each acre of their land with a maximum amount of Rs 25,000.
  2. The amount will be directly transferred through Real Time Gross Settlement (RTGS) to the registered bank accounts on August 10.
  3. The remaining 22 lakh farmers will also be registered soon and the funds are expected to be transferred by October this year.

 

Sources: the Hindu.