CURRENT AFFAIRS

Detailed explanation-1: -In past 6 Years of implementation – 38 crore farmer applications has been enrolled and over 12.37 crore (Provisional) farmer applicants have received claims. During this period nearly Rs.

Detailed explanation-2: -The Government has rolled out a number of new initiatives like Soil Health Card Scheme, Neem Coated Urea, Paramparagat Krishi Vikas Yojana (PKVY), Pradhan Mantri Krishi Sinchayee Yojana (PMKSY), National Agriculture Market (e-NAM), Pradhan Mantri Fasal Bima Yojana (PMFBY) and Interest Subvention Scheme.

Detailed explanation-3: -Pradhan Mantri Fasal Bima Yojana – It is an actuarial premium based scheme. Neem Coated Urea – This is to regulate the use of urea. Pradhan Mantri Krishi Sinchai Yojana – This is a scheme to take care of irrigation requirements of farming. Parampragat Krishi Vikas Yojana – This scheme is to promote organic farming.

Detailed explanation-4: -Pradhan Mantri Fasal Bima Yojana (PMFBY), Weather Based Crop Insurance Scheme (WBCIS), Coconut Palm Insurance Scheme (CPIS) and Pilot Unified Package Insurance Scheme (UPIS) (45 districts). Coverage under PMFBY/WBCIS/CPIS/UPIS is compulsory, if you avail crop loan for notified crops.

Detailed explanation-5: -Under the Scheme an income support of Rs. 6000/- per year is provided to all farmer families across the country in three equal installments of Rs. 2000/- each every four months. Definition of family for the Scheme is husband, wife and minor children.