Prelims 2020: Schemes in News Part-3

Please Share with maximum friends to support the Initiative.





Schemes in News

 

Scheme

Concerned Ministry

Features

Rashtriya Krishi Vikas Yojana- Remunerative Approaches for Agriculture and Allied Sector Rejuvenation (RKVY-RAFTAAR) Ministry of Agriculture

About: 

  • RKVY scheme was initiated in 2007 as an umbrella scheme for ensuring holistic development of agriculture and allied sectors. 
  • The ongoing Centrally Sponsored Scheme (State Plans) is now continued as Rashtriya Krishi Vikas Yojana- Remunerative Approaches for Agriculture and Allied Sector Rejuvenation (RKVY-RAFTAAR) for three years i.e. 2017-18 to 2019-20. 
  • Some of the major sub-schemes that are implemented under RKVY-Raftaar are Accelerated Fodder Development Programme (AFDP), Saffron Mission, Crop Diversification Programme (CDP) etc.
  • Recently, the Ministry of Agriculture has started funding start-ups under the innovation and agripreneurship component of Rashtriya Krishi Vikas Yojana in 2020-21.

Objectives:

  • To strengthen the farmers’ efforts through the creation of required pre and postharvest agri-infrastructure that increases access to quality inputs, storage, market facilities, etc. and enables farmers to make informed choices.
  • To provide autonomy, flexibility to States to plan and execute schemes as per local/ farmers‟ needs.
  • To promote value chain addition linked production models that will help farmers increase their income as well as encourage production/productivity
  • To mitigate the risk of farmers with a focus on additional income generation activities – like integrated farming, mushroom cultivation, beekeeping, aromatic plant cultivation, floriculture, etc. 
  • To attend national priorities through several sub-schemes. 
  • To empower youth through skill development, innovation, and Agri entrepreneurship based agribusiness models that attract them to agriculture.

Provisions:

  • A component, Innovation and Agri-entrepreneurship Development programme has been launched under Rashtriya Krishi Vikas Yojana in order to promote innovation and agripreneurship by providing financial support and nurturing the incubation ecosystem.
  • These start-ups are in various categories such as agro-processing, artificial intelligence, digital agriculture, farm mechanisation, waste to wealth, dairy, fisheries etc.
  • Agripreneurship Orientation– 2 months duration with a monthly stipend of Rs.  10,000/- per month. 
  • Mentorship is provided on financial, technical, IP issues etc.
  • Seed Stage Funding of R-ABI Incubatees-Funding up to Rs. 25 lakhs (85% grant & 15% contribution from the incubatee).
  • Idea/Pre-Seed Stage Funding of Agripreneurs – Funding up to Rs. 5 lakhs (90% grant and 10% contribution from the incubatee).

Allied sectors covered under the scheme:

  • Crop Husbandry (including Horticulture)
  • Animal Husbandry, Dairy Development and Fisheries
  • Agricultural Research and Education
  • Agricultural Marketing
  • Food storage and Warehousing
  • Soil and Water Conservation
  • Agricultural Financial Institutions
  • Other Agriculture Programmes and Cooperation
Pradhan Mantri Fasal Bima Yojana (PMFBY) Ministry of Agriculture & Farmers Welfare

About:

  • PMFBY, launched in 2016, is designed to reduce the burden of crop insurance on farmers.
  • It merged schemes- National Agricultural Insurance Scheme (NAIS) and the Modified National Agricultural Insurance Scheme (MNAIS).
  • PMFBY- is in line with One Nation – One Scheme theme. 
  • Recently, the government approved changes in Pradhan Mantri Fasal Bima Yojana to address the existing challenges in implementation.
  • It aims to reduce the premium burden on farmers and ensure early settlement of crop assurance claim for the full insured sum.

Objectives:

  • To provide insurance coverage and financial support to the farmers in the event of failure of any of the notified crop as a result of natural calamities, pests & diseases.
  • To stabilise the income of farmers to ensure their continuance in farming.
  • To encourage farmers to adopt innovative and modern agricultural practices.

To ensure the flow of credit to the agriculture sector.

Beneficiaries:

  • Enrolment under the Scheme is voluntary for all farmers.

Provisions:

  • There will be a uniform premium of only 2% to be paid by farmers for all Kharif crops and 1.5% for all Rabi crops.
  • In the case of annual commercial and horticultural crops, the premium to be paid by farmers will be only 5%. 
  • Central Subsidy under PMFBY is limited for premium rates up to 30% for unirrigated areas/crops and 25% for irrigated areas/crops.
  • Districts having 50% or the more irrigated area will be considered as irrigated area/district.
  • Flexibility to States/UTs to implement the Scheme with an option to select any or many of additional risk covers/features like prevented sowing, localised calamity, mid-season adversity, and post-harvest losses.
  • For estimation of crop losses/admissible claims, Two-Step Process to be adopted based on defined Deviation matrix” using specific triggers like weather indicators, satellite indicators, etc. for each area along with normal ranges and deviation ranges.
  • Central Share in Premium Subsidy to be increased to 90% for the North Eastern States from the existing sharing pattern of 50:50.

Implementation:

  • The scheme is implemented by empanelled general insurance companies.
  • There will be one insurance company for the entire state.
  • The selection of the Implementing Agency (IA) is done by the concerned State Government through bidding.
  • Allocation of business to Insurance Companies to be done for three years.
SUTRA PIC Ministry of Science & Technology

About: 

  • Recently, the MoS&T has launched the “Scientific Utilization through Research Augmentation-Prime Products from Indigenous Cows” (SUTRA-PIC India).
  • It is led by the Department of Science and Technology (DST).
  • It is a collaborative effort of the Department of Biotechnology, the Council of Scientific and Industrial Research, the Ministry for AYUSH (Ayurveda, Unani, Siddha, Homoeopathy) and the Indian Council of Medical Research.

Aim: 

  • It aims to develop products as well as improve the genetic quality of indigenous cattle breeds.

It has five themes:

  • The uniqueness of Indigenous Cows.
  • Prime-products from Indigenous Cows for Medicine and Health.
  • Prime-products from Indigenous Cows for Agricultural Applications.
  • Prime-products from Indigenous Cows for Food and Nutrition.
  • Prime-products from indigenous cows-based utility items.

The above themes aim to perform:

  • Scientific research on the complete characterisation of milk and milk products derived from Indian indigenous cows.
  • Scientific research on nutritional and therapeutic properties of curd and ghee prepared from indigenous breeds of cows by traditional methods.
  • Development of standards for traditionally processed dairy products of Indian-origin cows, etc.

Pradhan Mantri Laghu Vyapari Maan-Dhan Yojana

Ministry of Labour

About:

  • It is a voluntary and contribution-based central sector scheme.
  • The scheme was in news for underperformance as just over 34,000 people have signed up so far.
  • The Labour Ministry’s vision document in 2019 had set a target of 25 lakh enrolments for the scheme in 2019-2020.

Beneficiaries: 

  • All small shopkeepers, self-employed persons and retail traders aged between 18-40 years and with Goods and Service Tax (GST) turnover below Rs.1.5 crore can enrol for the pension scheme.
  • To be eligible, the applicants should not be covered under the National Pension Scheme, Employees’ State Insurance Scheme and the Employees’ Provident Fund or be an Income Tax assessee.

Provisions:

  • The scheme entails monthly minimum assured pension of  ₹3,000 for the entry age group of 18-40 years after attaining the age of 60 years, with effect from July 22, 2019.
  • Under the scheme, the government makes a matching contribution in the subscribers’ account.
  • The scheme is based on self-declaration as no documents are required except bank account and Aadhaar Card.
  • During the receipt of a pension, if an eligible subscriber dies, his spouse shall be only entitled to receive 50% of the pension received by such eligible subscriber, as family pension and such family pension shall be applicable only to the spouse.



Please Share with maximum friends to support the Initiative.

Enquire now

Give us a call or fill in the form below and we will contact you. We endeavor to answer all inquiries within 24 hours on business days.