PMFBY: UNDP to offer technical help in PMFBY, Kisan Credit score Card Scheme

United Nations Improvement Programme (UNDP) will present technical help to 2 programmes of the federal government — Pradhan Mantri Fasal Bima Yojana (PMFBY) and Kisan Credit score Card-Modified Curiosity Subvention Scheme (KCC-MISS). Agriculture ministry and the UNDP have signed a Memorandum of Understanding (MoU) whereby “UNDP will present technical help in the direction of Centre’s aspirational Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme and Kisan Credit score Card – Modified Curiosity Subvention Scheme,” an official assertion mentioned.

The MoU was signed by CEO-PMFBY Ritesh Chauhan and UNDP Resident Consultant Shoko Noda, within the presence of Agriculture Minister Narendra Singh Tomar.

Beneath the MoU, UNDP will leverage its experience in techniques and world know-how for supporting the Agriculture ministry for the implementation of mixed agriculture credit score and crop insurance coverage.

Minister of Agriculture for State Kailash Choudhary and Secretary, Agriculture, Manoj Ahuja additionally witnessed the signing ceremony.

“Beneath the steering of Prime Minister Narendra Modi, the Union Agriculture Ministry is implementing the schemes with full transparency within the curiosity of crores of farmers of the nation. Direct profit is being supplied to all of the farmers,” Tomar mentioned.

Whereas the farmers paid Rs 21,000 crore premium underneath PMFBY, they’ve acquired greater than Rs 1.15 lakh crore as compensation. This exhibits that the Pradhan Mantri Fasal Bima Yojana is working within the curiosity of all the farming group.

“Equally, within the Kisan Credit score Card Scheme, large efforts are being made to provide advantages to the farmers who couldn’t take advantage of the scheme earlier. Efforts are being made to achieve out to all small farmers, livestock farmers and fishermen,” he added.

The KCC-MISS and PMFBY had been launched with the intention to sort out the problematic areas of earlier schemes and to map out a construction that affords higher implementation choices for all stakeholders whereas reaching the specified outcomes.

“To that impact, a number of new provisions have been integrated within the schemes. One of many greatest options of the present schemes is that they apply uniformly throughout all the nation and have a provision to cowl all crops,” the assertion mentioned.

As per the MoU, UNDP will present responsive, demand-driven technical help for efficient implementation of agriculture credit score and crop insurance coverage, in addition to offering capability growth and Data, Schooling & Communication (IEC) help to present nationwide and state establishments, holding in thoughts the curiosity of small and marginal farmers, girls farmers, sharecroppers, tenant and non-loanee farmers.

On this strategic partnership with UNDP, Tomar mentioned, “Technical help supplied by UNDP within the final 4 years has yielded good outcomes. I’m positive that via this partnership, we are going to get hold of even higher leads to implementation of crop insurance coverage and agricultural credit score schemes.”
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