The PM Dhan Dhanya Krishi Yojana, announced by Finance Minister Nirmala Sitharaman, aims to boost crop diversity and agricultural output in India. Covering 100 districts, the scheme targets benefiting 1.7 crore farmers by integrating existing agricultural initiatives. In partnership with state governments, the program will focus on regions with low agricultural productivity, possibly including areas under the SNAPPY 1 initiative. One of the key goals is to enhance pulse production, enabling farmers to grow more pulses and receive fair prices for their produce.
The initiative also aims to prevent rural migration by creating economic opportunities in rural areas. Ultimately, the scheme seeks to ensure self-sufficiency in pulse production while uplifting the farming community.
Budget Allocated for PM Dhan Dhanya Krishi Yojana
The PM Dhan Dhanya Krishi Yojana, introduced to support women and youth in agriculture, focuses on enhancing the production of pulses such as tur, urad, and masoor dal. The scheme ensures that farmers are paid fair prices for their crops, with the central government initiating a crop procurement process for these pulses. The Price Stabilization Fund (PSF) and Price Support Scheme (PSS) will be used to prevent farmers from having to sell at low prices, guaranteeing government purchase of these pulses.
To further empower farmers, Finance Minister Nirmala Sitharaman announced an increase in the Kisan Credit Card lending limit from Rs. 3 Lakh to Rs. 5 Lakh. Additionally, a new initiative to improve the production of fruits and vegetables at competitive prices was unveiled, aiming to benefit farmers and ensure self-sufficiency in pulse production.
Also Read: PM Kisan 19th Installment Status
Purpose of Dhan Dhanya Krishi Yojana
The PM Dhan Dhanya Krishi Yojana is designed to enhance agricultural productivity and support farmers:
- Focuses on increasing pulse production like tur, urad, and masoor dal.
- Aims to provide fair prices through government crop procurement initiatives.
- Ensures economic opportunities for women and youth in rural areas.
- Uses Price Stabilization Fund (PSF) and Price Support Scheme (PSS) for price security.
- Encourages self-sufficiency in pulse production to reduce dependency on imports.
Key Highlights of Dhan Dhanya Krishi Yojana
| Name of the Scheme | Dhan Dhanya Krishi Yojana |
| Launched By | Finance Minister Nirmala Sitharaman |
| Objective | Increase pulse production and self-sufficiency |
| Targeted Crops | Focus on tur, urad, and masoor dal |
| Farmer Benefit | Aims to benefit 1.7 crore farmers |
| District Coverage | Implemented across 100 districts |
| Primary Beneficiaries | Women and youth in rural areas |
| Crop Procurement | Government will procure pulses at fair prices |
| Price Support | Ensures farmers receive fair market value for crops |
Eligibility Criteria
The PM Dhan Dhanya Krishi Yojana has specific eligibility criteria to benefit farmers:
- Farmers growing pulses like tur, urad, and masoor dal are eligible.
- Must be from one of the 100 targeted districts.
- Priority is given to women and youth in rural areas.
- Farmers should be engaged in agricultural activities.
- Eligibility includes both small and marginal farmers.
Important Dates
- Budget Presentation Date: February 1, 2025, by Finance Minister Nirmala Sitharaman.
Also Read: PM Kisan Installment Date
Benefits of Dhan Dhanya Krishi Yojana
The PM Dhan Dhanya Krishi Yojana offers various benefits to farmers and the agricultural sector which are as follows:
- Ensures fair pricing for pulses like tur, urad, and masoor dal.
- Increases pulse production, promoting self-sufficiency and reducing import dependency.
- Provides economic opportunities for women and youth in rural areas.
- Strengthens agricultural infrastructure and crop procurement processes.
- Encourages rural development and reduces migration by creating local jobs.
Covered Area in First Phase
- In the first phase, the scheme aims to benefit 1.7 crore farmers, focusing on sustainable livelihoods in rural areas to reduce migration and promote local opportunities.
Salient Features
The PM Dhan Dhanya Krishi Yojana has several key features that support farmers:
- Aims to enhance pulse production, focusing on tur, urad, and masoor dal.
- Guarantees fair pricing through government procurement of pulses directly from farmers.
- Provides economic opportunities for women and youth in rural areas.
- Implements Price Stabilization Fund (PSF) and Price Support Scheme (PSS).
- Boosts self-sufficiency in pulse production and reduces dependence on imports.
- Increases Kisan Credit Card lending limit from Rs. 3 Lakh to Rs. 5 Lakh.
- Collaborates with state governments to implement the scheme effectively.
- Focuses on rural development, aiming to curb migration for work.
How to Get Benefits?
Farmers can access the benefits of the PM Dhan Dhanya Krishi Yojana by following these steps:
- Register with local agriculture departments and confirm eligibility for pulse cultivation and procurement processes.
- Ensure Kisan Credit Card is linked to your bank account to receive enhanced loan benefits.
- Participate in government crop procurement programs to sell pulses at fair prices guaranteed by the government.
- Stay informed about government schemes and updates through agriculture-related government announcements and local officials.
FAQs
What is PM Dhan Dhanya Krishi Yojana?
The PM Dhan Dhanya Krishi Yojana aims to boost pulse production, ensure fair prices, and support rural farmers’ livelihoods.
Who is eligible for the scheme?
Farmers growing pulses like tur, urad, and masoor dal, especially women and youth in rural areas.
What crops are covered under the scheme?
The scheme focuses on pulses, particularly tur, urad, and masoor dal.
How will farmers receive fair prices for their crops?
The government will procure pulses directly from farmers through the Price Support Scheme.
Is the Kisan Credit Card limit increased?
Yes, the lending limit has been raised from Rs. 3 Lakh to Rs. 5 Lakh.
How does the scheme promote rural development?
It creates sustainable livelihood opportunities and reduces the need for migration.