- Pradhan Mantri Fasal Bima Yojana (PMFBY)
- International Year of Millets 2023
Focus: GS II- Welfare Schemes
Why in News?
Union Ministry of Agriculture and Farmers Welfare is open to taking pro-farmer changes in Pradhan Mantri Fasal Bima Yojana (PMFBY) in response to the recent climate crisis and rapid technological advances.
About Pradhan Mantri Fasal Bima Yojana (PMFBY)
- The Pradhan Mantri Fasal Bima Yojana (PMFBY) launched on 2016 by Prime Minister Narendra Modi is an insurance service for farmers for their yields.
- PMFBY is in line with One Nation – One Scheme theme.
- The PMFBY will replace the existing two schemes National Agricultural Insurance Scheme as well as the Modified NAIS.
- The Scheme shall be implemented through a multi-agency framework by selected insurance companies under the overall guidance & control of the Department of Agriculture, Cooperation & Farmers Welfare (DAC&FW), Ministry of Agriculture & Farmers Welfare (MoA&FW), Government of India (GOI) and the concerned State in co-ordination with various other agencies.
- Premium cost over and above the farmer share is equally subsidized by States and the Central Government of India. However, the Central Government shares 90% of the premium subsidy for North Eastern States to promote the uptake in the region.
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Focus: GS III: Indian Economy
Why in News?
The Union Agriculture and Farmers Welfare Minister has said the International Year of Millets (IYOM) – 2023 will provide an opportunity to increase global production, efficient processing and better use of crop rotation and promote millets as a major component of the food basket.
About International Year of Millets:
- India’s proposal to observe an International Year of Millets in 2023 was approved by the Food and Agriculture Organisation (FAO) in 2018 and the United Nations General Assembly has declared the year 2023 as the International Year of Millets.
- This was adopted by a United Nations Resolution for which India took the lead and was supported by over 70 nations.
- Aim is to increase the domestic and global consumption of Millets.
- Awareness of the contribution of millet to Food Security and nutrition.
- Inspire stakeholders to improve sustainable production and quality of millets.
- Focus on enhanced investment in research and development and extension services to achieve the other two aims.
- About Millets in India
- Jowar (sorghum), bajra (pearl millet) and ragi (finger millet) are the three major millet crops currently grown in India.
- Kodo, kutki, chenna and sanwa are bio-genetically diverse and indigenous varieties of “small millets”.
- Rajasthan, Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Maharashtra, Gujarat and Haryana are the major producers of Millets.
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