PMFBY Provides Comprehensive Crop Insurance; States Allowed Add-On Cover for Wild Animal Damage.
The Pradhan Mantri Fasal Bima Yojana (PMFBY), introduced in the country from 2016-17 is providing comprehensive risk insurance against crop damage due to non-preventable natural risks from pre-sowing to post-harvest for the crops/areas notified by the concerned State Government. The losses to crops due to wild animals, being preventable in nature, were therefore not covered earlier. However, at the request of Ministry of Environment, Forest and Climate Change and State Governments, States have been allowed to notify the losses by wild animals on individual assessment as add on cover at the cost of State Government. Detailed protocol for such coverage has been given in the Operational Guidelines of the scheme.
Source: pib.gov.in
Department of Agriculture & Farmers Welfare Budget Jumps from Rs.21,933 Crore to Rs.1.27 Lakh Crore in 12 Years.
Agriculture is a State subject, Government of India supports the States through appropriate policy measures, budgetary allocation and various schemes. The Government has substantially enhanced the budget allocation of Department of Agriculture & Farmers Welfare (DA&FW) from Rs. 21,933.50 crore (BE) during 2013-14 to Rs. 1,27,290.16 crore (BE) during 2025-26.
Source: pib.gov.in
Central Schemes Support Farmers, FPOs and SHGs to Boost Income and Rural Entrepreneurship.
Government of India is implementing a comprehensive range of Central Sector as well as Centrally Sponsored Schemes and programmes for the welfare of farmers across under which financial assistance and subsidies are provided to farmers, Farmer Producer Organisations (FPOs), Self Help Groups (SHGs) and entrepreneurs with a view to promoting employment generation, entrepreneurship and income enhancement in rural areas.
Source: pib.gov.in
Government Fixes MSPs for 22 Crops Annually Based on Commission for Agricultural Costs & Prices Recommendations.
Every year, Government fixes Minimum Support Prices (MSPs) for 22 mandated agricultural crops for the country as a whole, based on the recommendations of Commission for Agricultural Costs & Prices (CACP), after considering the views of State Governments and Central Ministries/Departments concerned. The 22 mandated crops include 14 Kharif crops viz. paddy, jowar, bajra, maize, ragi, tur (arhar), moong, urad, groundnut, soyabean, sunflower, sesamum, nigerseed, cotton and 6 Rabi crops viz. wheat, barley, gram, masur (lentil), rapeseed & mustard, safflower and two commercial crops viz. jute and copra.
Source: pib.gov.in
Government Ensures Timely Availability of Seeds and Fertilizers for Farmers.
The Department of Agriculture and Farmers Welfare (DA&FW) ensures timely availability of quality seeds and fertilizers by periodically assessing requirement and availability with States/UTs and concerned agencies through Zonal Conferences for Agricultural Inputs organized prior to each Kharif and Rabi season.
Source: pib.gov.in
Oilseed Cultivation Expands; Production Rises to 429.89 Lakh Tonnes.
As per the final estimate of the Department of Agriculture & Farmers Welfare (DA&FW), the area under oilseed cultivation has increased from 301.92 lakh hectares in 2023–24 to 304.40 lakh hectares in 2024–25. The production of oilseeds has also increased from 396.69 lakh tonnes in 2023-24 to 429.89 lakh tonnes in 2024-25.
Source: pib.gov.in
Agriculture Infrastructure Fund Strengthens Post-Harvest Infrastructure through Interest-Subvented Loans.
The Agriculture Infrastructure Fund (AIF) is a Central Sector Scheme to mobilize medium and long-term debt financing for the development of post-harvest management infrastructure and community farming assets. The scheme focuses on strengthening agri-logistics, reducing post-harvest losses, promoting modern storage, processing and value-addition facilities and improving farm-gate level infrastructure for efficient supply chains.
Source: pib.gov.in
Agriculture GVA Grows by 10.4% in 2024–25: Provisional Estimates.
During 2024-25, the GVA of agriculture sector registered a growth of 10.4% as per the provisional estimates of GVA. The Gross Value Added (GVA) percentage growth in the agriculture and allied sector including crops, livestock, fisheries and horticulture, during the last five years.
Source: pib.gov.in
India Joins BRICS Centre for Industrial Competencies to Support Manufacturing and MSMEs.
India joined the BRICS Centre for Industrial Competencies (BCIC) at an event organised by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, at Vanijya Bhavan, New Delhi. The BCIC, launched in partnership with the United Nations Industrial Development Organization (UNIDO), serves as a one-stop centre providing integrated support services to manufacturing companies and Micro, Small and Medium Enterprises (MSMEs) across BRICS countries, with a focus on strengthening Industry 4.0 competencies.
Source: pib.gov.in
Connectivity under PM GatiShakti.
The 108th meeting of the Network Planning Group (NPG) was held at Department for Promotion of Industry and Internal Trade (DPIIT). The meeting was convened to evaluate infrastructure projects. The meeting focused on enhancing multimodal connectivity and logistics efficiency in alignment with the PM GatiShakti National Master Plan (PMGS NMP). The NPG evaluated 07 Road projects for their conformity to the PM GatiShakti principles of integrated multimodal infrastructure, last-mile connectivity to economic and social nodes and ‘Whole of Government’ approach.
Source: pib.gov.in