All About PM Krishi Sinchayee Yojana & PM Fasal Bima Yojana(in Hindi)

Lesson 2 of 6 • 13 upvotes • 10:54mins

Vikas Kumar Singh Tomar

Prime Minister Krishi Irrigation Scheme (PMKSY) has started a national mission to improve agricultural productivity and ensure better utilization of resources in the country. It was inaugurated by Honorable Prime Minister Shri Narendra Damodarda Das Modi on July 1, 2015. With the aim of reducing the dependence of farming on the monsoon, the government has set a goal of watering every farm. In this scheme, three ministries, water resources, river development and Ganga revival ministry, Ministry of Rural Development and various water conservation of the Ministry of Agriculture, Storage and groundwater enrichment and water distribution related works have been consolidated. For the next five years, 50000 crores has been allocated and for this financial year (2015-16), an allocation of Rs. 5300 crores has been made. Pradhan Mantri Fasal Bima Yojana was launched by Prime Minister of India Narendra Modi on February 18, 2016. Its main purpose is to give good medicines for the farmers’ crop, to give them good harvest of the crops, to give Rabi and to freshen up the crops of kharif. Farmers have to pay only the premium of only 2 percent for Kharif crops and 1.5 percent for Rabi crops. Premium of annual commercial and horticultural crops will be 5%.