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www.iaritoppers.in Whatsapp : +91-9694095242 Page | 1 Crop Residue Management Scheme Implementing since 2018 Ministry  Ministry of Agriculture & Farmers Welfare Another Name  Promotion of agricultural mechanization for in-situ management of crop residue in the states of Punjab, Haryana, Uttar pradesh and NCT of Delhi Funding Pattern  100% central share Financial Assistance  Under this scheme, financial assistance @ 50% of the cost of machinery is provided to the farmers for purchase of crop residue management machinery  Financial assistance @ 80% of the project cost is provided to the Cooperative Societies of Farmers, SHG, Rural entrepreneurs, Farmers Producers Organization (FPOs), Registered Farmers Societies and Panchayats for establishment of Custom Hiring Centres of crop residue management machinery. Additional Information  Paddy straw burning is a major problem in Northern India.  Ministry of Agriculture and Farmers Welfare has also developed a Multi lingual Mobile App “CHC- Farm Machinery” which connects the farmers with Custom Hiring Service Centers situated in their locality. This app is facilitating agricultural mechanization in the country by encouraging small & marginal farmers to take machines on rental basis for agriculture practices without them having to purchase the high priced such machines. The App has been further modified and now has been given the acronym of “FARMS-app” (Farm Machinery Solutions-app).  The Department of Agriculture & Farmers Welfare is continuing the implementation of the Central Sector Scheme on ‘Promotion of Agricultural Mechanization for In-Situ Management of Crop Residue in the States of Punjab, Haryana, Uttar Pradesh and NCT of Delhi’ during 2022-23 with an outlay of Rs. 700 Crores. Current Affairs Part-11
www.iaritoppers.in Whatsapp : +91-9694095242 Page | 2 Sub-Mission on Agricultural Mechanization (SMAM) Launched 2014-15 Objective  To promote the usage of farm mechanization.  To Increase the ratio of farm power to cultivable unit area up to 2.5 kW/ha.  Increasing the reach of farm mechanization to small and marginal farmers and to the regions where availability of farm power is low.  Promoting ‘Custom Hiring Centres’ to offset the adverse economies of scale arising due to small landholding and high cost of individual ownership.  Creating hubs for hi-tech & high value farm equipments.  Creating awareness among stakeholders. Funding Pattern  The SMAM scheme has both centrally sponsored and central sector scheme components. In the centrally sponsored scheme components, the Government of India funds 60% of the cost and the states’ share is 40% in all states except north-eastern and Himalayan states where the ratio is 90:10 wherein GOI funds 90%. In UTs, the central share is 100%. Financial assistance  Financial assistance @ 40% to 50% of the cost of machines depending on the categories of farmers, is provided for purchase of agricultural machines.  Financial assistance @ 40% of the project cost is also provided to rural youth & farmer as an entrepreneur, Cooperative Societies of Farmers, Registered Farmers Societies, Farmer Producer Organizations (FPOs) and Panchayats for establishment of Custom Hiring Centres (CHCs) and Hi-tech hubs of high value agricultural machines.  Financial assistance @ 80% of the project cost for the projects costing upto Rs. 10 lakhs is provided to the Cooperative Societies, Registered Farmer Societies, FPOs and Panchayats for setting up of village level Farm Machinery Banks (FMBs).
www.iaritoppers.in Whatsapp : +91-9694095242 Page | 3 Pradhan Mantri Jan Dhan Yojana (PMJDY) Launched 28 August 2014 Objective  National Mission for Financial Inclusion to ensure access to financial services, namely, a basic savings & deposit accounts, remittance, credit, insurance, pension in an affordable manner.  Under the scheme, a basic savings bank deposit (BSBD) account can be opened in any bank branch or Business Correspondent (Bank Mitra) outlet, by persons not having any other account. Benefits Under PMJDY  One basic savings bank account is opened for unbanked person.  There is no requirement to maintain any minimum balance in PMJDY accounts.  Rupay Debit card is provided to PMJDY account holder.  Accident Insurance Cover of Rs.1 lakh (enhanced to Rs. 2 lakh to new PMJDY accounts opened after 28.8.2018) is available with RuPay card issued to the PMJDY account holders.  An overdraft (OD) facility up to Rs. 10,000 to eligible account holders is available.  PMJDY accounts are eligible for Direct Benefit Transfer (DBT), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pendion Yojana (APY), Micro Units Development & Refinance Agency Bank (MUDRA) scheme. ( Data Source : https://pmjdy.gov.in/scheme) Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) Announced Union Budget 2018 Objective  To ensure Minimum Support Price (MSP) to farmers.  The increase in MSP can improve farmer’s income by strengthening procurement mechanism in coordination with the State Governments.  The objective of intervention is to protect the growers of various commodities from making distress sale in the event of a bumper crop during the peak arrival period when the prices tend to fall
www.iaritoppers.in Whatsapp : +91-9694095242 Page | 4 below economic levels and cost of production. Components 1. Price support Scheme (PSS) 2. Price Deficiency Payment Scheme (PDPS) 3. Pilot of private procurement & stocklist schmes (PPPS)  PSS is implemented for procurement of pulses, oilseeds and copra at MSP, whereas PDPS is implemented for oilseeds. However, States/UTs may choose either PSS or PDPS in a given procurement season with respect to a particular oilseed crop for the entire State.  PPSS is also implemented for oilseeds on pilot basis and States have the option for implementation of PPSS in district/selected APMC(s) of district involving the participation of private stockist. However, if farmers gets better price in comparison to MSP, they are free to sell their produce in open market. Implemented by Ministry of Agriculture & Farmers Welfare Price Support Scheme (PSS)  In the Price Support Scheme (PSS), physical procurement of pulses, oilseeds and Copra will be done by Central Nodal Agencies with the proactive role of State governments.  In addition to NAFED, Food Corporation of India (FCI) will take up PSS operations in states /districts.  The procurement expenditure and losses due to procurement will be borne by Central Government as per norms. Price Deficiency Payment Scheme (PDPS)  Under Price Deficiency Payment Scheme (PDPS), it is proposed to cover all oilseeds for which MSP is notified.  In this direct payment of the difference between the MSP and the selling/modal price will be made to pre-registered farmers selling his produce in the notified market yard through a transparent auction process.  This scheme does not involve any physical procurement of crops as farmers are paid the difference between the MSP price and Sale/modal price on disposal in notified market.

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