PM Modi launches 10,000 Farmer Producer Organizations
On February 29, 2020, PM Modi shall launch 10,000 Farmer Producer Organizations at Chitrakoot. The event is being organized to commemorate the successful completion of Pradhan Mantri Kisan Samman Nidhi Yojana.
Significance
There are more than 86% of small and marginal farmers that hold less than 1.1 hectares of land. They face challenges in buying fertilizers, quality seed, pesticides. The Farmer Producer Organization help farmers in addressing these challenges. They help farmers gain better access to market, technology and finance. Therefore, launching more and more of these organizations will help in betterment of life of the farmers.
This will also help GoI in achieving its target of doubling farmers’ income by 2022.
Kisan Credit Card
The PM will also launch a saturation drive on Kisan Credit Card to the beneficiaries PM Kisan Samman Nidhi Yojana. The motive of the drive is to distribute 2 crore cards to the beneficiaries of the scheme. Today, over 6.5 crore cards have been issued under the scheme.
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Month: Current Affairs - February, 2020