Prime Minister Dhan-Dhaanya Krishi Yojana (PMDKY)

Finance Minister Nirmala Sitharaman announced the launch of the Prime Minister Dhan-Dhaanya Krishi Yojana (PMDKY) during the Union Budget presentation.

• The scheme aims to boost agricultural productivity, irrigation, crop diversification, and financial access for farmers in 100 districts with low productivity, moderate crop intensity, and low credit access.
• Inspired by:Aspirational Districts Programme (ADP) to enhance rural prosperity and farm income.
• Ministries Involved:
  • Ministry of Agriculture & Farmers Welfare
  • Ministry of Fisheries, Animal Husbandry & Dairying
  • Department of Financial Services
  • NABARD (National Bank for Agriculture and Rural Development)

Key Features:

• District Selection Criteria:
  • Low agricultural productivity
  • Moderate cropping intensity
  • Limited access to farm credit
• Funding:No separate budget; implemented through convergence of existing agricultural schemes.
• Beneficiaries:Around 7 crore farmers expected to benefit.