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February 1, 2025 12:22 PM IST

Nirmala Sitharaman | farmers | Agriculture | PM Dhan Dhanya Krishi Yojana

FM announces PM Dhan Dhanya Krishi Yojana, to benefit 1.7 crore farmers

Union Finance Minister Nirmala Sitharaman on Saturday announced the launch of the PM Dhan Dhanya Krishi Yojana, aimed at benefiting 1.7 crore farmers across the country.

The scheme is designed to enhance agricultural productivity, promote crop diversification, strengthen post-harvest storage at panchayat and block levels, improve irrigation infrastructure, and increase the availability of both short and long-term credit for farmers.

“PM Dhan Dhanya Krishi Yojana will benefit 1.7 crore farmers and aims to create ample opportunities in rural areas so that migration becomes an option, not a necessity,” the Finance Minister said.

With rising income levels, the consumption of vegetables and fruits is increasing across the country.

“The government is working towards achieving self-sufficiency in pulses. Consumption of pulses has increased significantly, and the government will launch a six-year mission for self-sufficiency in pulses. A comprehensive programme for vegetables and fruits will also be launched,” Sitharaman added.

Additionally, she announced the establishment of a Makhana Board in Bihar to support farmers in the region.

To further augment the supply of urea, a new plant with an annual capacity of 12.7 lakh metric tonnes will be set up in Assam.

The Finance Minister also highlighted 10 broad focus areas aimed at improving the lives of the poor, youth, farmers, and women.

The Budget Session of Parliament, which began on January 31, will be conducted in two phases. The first phase will continue until February 13, while the second phase will commence on March 10 and conclude on April 4.

The Economic Survey has emphasized that rising private consumption is playing a key role in keeping India’s domestic economy steady amid global uncertainties.

(Inputs from IANS)

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Last updated on: 2nd February 2025