Daily PIB News (August 6-10, 2020): PM Launches Financing Facility Under Agriculture Infrastructure Fund

Financing Facility Of Rs. 1 Lakh Crore Under Agriculture Infrastructure Fund

Prime Minister Narendra Modi on August 9 launched a new Central Sector Scheme of financing facility under the Agriculture Infrastructure Fund of Rs. 1 Lakh Crore.

  • The scheme will support farmers, PACS, FPOs, Agri-entrepreneurs, etc. in building community farming assets and post-harvest agriculture infrastructure. These assets will enable farmers to get greater value for their produce as they will be able to store and sell at higher prices, reduce wastage, and increase processing and value addition.
  • The Prime Minister also released the 6th installment under the PM-KISAN scheme of Rs. 17,000 Crore to nearly 8.5 Crore farmers.
  • The Agriculture Infrastructure Fund is a medium – long term debt financing facility for investment in viable projects for post-harvest management infrastructure and community farming assets through interest subvention and credit guarantee.
  • The PM-KISAN scheme was launched in December 2018 to provide income support by way of a cash benefit to all landholding farmers (subject to certain exclusion criteria) to enable them to fulfill their agricultural requirements and support their families.
Submarine Cable Connectivity to Andaman & Nicobar Islands (CANI) Launched
  • Prime Minister Narendra Modi on August 10 launched and dedicated to the nation, the submarine Optical Fibre Cable (OFC) connecting Andaman & Nicobar Islands to the mainland  through video conferencing.
  • Andaman & Nicobar will be developed as an hub of Port Led Development as it is at a Competitive Distance from many ports of the World.
Agriculture Mechanization
  • Agricultural Mechanization is one of the key drivers for sustainable development of agriculture sector which helps in increasing production by timely farm operations, reducing losses, reducing the cost of operations by ensuring better management of costly inputs.
  • Mechanization also enhances the productivity of natural resources and reduces drudgery associated with various farm operations.
  • In order to lay special emphasis towards promotion of agricultural mechanization in the country and to bring more inclusiveness, Sub-Mission on Agricultural Mechanization (SMAM) had been initiated since April 2014.
  • In the year 2020-21, budget of Rs. 1033 crores have been provided for the scheme, out of which Rs. 553 crores have been released to the State Governments.
  • With an objective to wean away farmers of the Northern Region from Crop Residue Burning, the scheme of CRM (Crop Residue Management) was initiated since 2018 by Ministry of Agriculture & Farmers Welfare, wherein, farmers are provided machinery for in-situ management of crop residue through establishment of CHCs (Custom Hiring Centres).
  • Ministry of Agriculture and Farmers Welfare has also developed a Multi lingual Mobile App “CHC- Farm Machinery” which connects the farmers with Custom Hiring Service Centers situated in their locality.
New Version of India Water Resources Information System Launched

The Ministry of Jal Shakti on August 6 launched a new version of the India Water Resources Information System (India-WRIS) with new functionalities and features.

  • The Ministry of Jal Shakti (MoJS), under the National Hydrology Project, launched the first version of India Water Resources Information System (India-WRIS) in July, 2019.
  • Since then, a number of new functionalities and features have been added into the system.
  • India WRIS is, at present, receiving data from many central and state agencies like CWC, CGWB, IMD, NRSC, Andhra Pradesh, Uttar Pradesh and Gujarat etc. on regular basis
  • The MoJS has established a dedicated organization, National Water Informatics Centre (NWIC) to maintain and update India WRIS.
  • The basis for all hydro-met observation data is the Water Information Management System (WIMS).
  • Through a secured login, Central and State Water Agencies can enter, analyse, validate and manage data for water level (Both Surface Water & Ground Water), flow, water quality, sediment and many climate parameters.
  • Individuals can use the data as per their requirement, to know the availability of water in their locality, ground water level, Level of water in the nearby river and such many facts.
  • Planners and Administrators can utilize this data of their States, Basins for proper utilization of water and to reduce the impact of Flood and Drought. Decision support System (DSS) can be developed.
  • Researchers can utilize the data for water related studies and Modelling purposes as the data frequency required for such studies is available.
Smart India Hackathon-2020

Defence Institute of Advanced Technology (DIAT) Pune, an autonomous organization under the Department of Defence Research & Development, DRDO, won 1st prize in Smart India Hackathon (SIH)-2020, where Prime Minister, Shri Narendra Modi interacted with the participants in a live event.

 The SIH-2020, the 36-hour non-stop digital product building competition was a national level competition for software edition organized jointly by the Ministry of Human Resource Development (MHRD) and All India Council for Technical Education (AICTE) held during 1-3 August 2020 at Noida Institute of Engineering & Technology (NIET), Uttar Pradesh.

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