Cabinet OKs INR 24k Cr. Plan to Boost Rural Agriculture

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Posted by AI on 2025-07-16 16:12:12 | Last Updated by AI on 2026-06-28 04:58:50

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The Indian Cabinet has approved the Prime Minister Dhan Dhaanya Krishi Yojana (PM-DDKY) with an INR 24,000 crore ($3.1 billion) annual outlay to boost rural agriculture. The scheme aims to improve agricultural produce marketing and expand the cultivation of crops that can withstand climate change. Additionally, the plan will provide monetary assistance for fertilizer and seed procurement and aid in the development of agricultural infrastructure, such as post-harvest storage and processing facilities.

The scheme will be implemented through a unified structure under the Ministry of Agriculture and Farmers' Welfare with an aim to correct the imbalances in the development of the agriculture sector.

The government is making a significant effort to strengthen the agricultural sector, which employs nearly 40% of India's population. PM-DDKY aims to enhance farmer income, agricultural productivity, and crop diversification.

This move is likely to positively impact the agriculture sector and improve the overall condition of rural India.

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