Prime Minister Dhan-Dhaanya Krishi Yojana (PMDDKY)
The Prime Minister Dhan-Dhaanya Krishi Yojana (PMDDKY) is a new initiative approved by the Union Cabinet, aimed at addressing disparities in agricultural productivity across different regions of India.
Key Features
- Implemented through the convergence of 36 existing schemes across 11 departments.
- Incorporates schemes like Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) and PM Fasal Bima Yojana (PMFBY).
- Encourages local partnerships with the private sector.
- Annual outlay of ₹24,000 crore for six years.
- Follows the model of NITI Aayog’s Aspirational Districts Programme.
Objectives
- Address productivity disparities between states and within districts.
- Promote higher productivity and value addition in agriculture and allied sectors.
- Enhance local livelihood creation, increase domestic production, and achieve self-reliance.
Implementation Strategy
- 100 districts will be identified based on:
- Low productivity and cropping intensity.
- Lesser credit disbursement.
Challenges and Considerations
- There is a trend of decreasing public spending on agriculture:
- Decline from 3.53% in 2021-22 to 2.51% in 2025-26 of the total Central Plan outlay.
- Potential risks if public investment continues to decrease.
- Importance of private-public partnerships for self-reliance, especially in the production of food grains, edible oil, and pulses.
Operational Framework
- The scheme will focus on 'District Plans' aligned to national goals such as
- Crop diversification.
- Conservation of water and soil health.
- Self-sufficiency in agriculture and allied sectors.
- Center to monitor 117 key indicators of progress on a monthly basis.
- Involvement of:
- States and local self-governments.
- Primary agriculture cooperative societies.
- Agriculture universities and organizations of farmers and traders.