Agriculture & Farmer Schemes — Set 14

Correct Answer: C. ₹75,000 crore

PM-KISAN is allocated approximately ₹75,000 crore per year in the Union Budget to cover benefits for approximately 120 million farmer families. This makes it one of the largest budget items for agriculture. The scheme's annual outlay reflects the government's commitment to farmer income support.

Correct Answer: B. eNAM and AGMARKNET

eNAM and AGMARKNET provide market intelligence and price information to farmers. Through eNAM, farmers can see real-time prices from multiple mandis and decide where to sell. AGMARKNET disseminates daily price and arrival data from over 3,000 market centres, enabling farmers to make informed selling decisions.

Correct Answer: B. Agriculture credit

Modified Interest Subvention Scheme (MISS) is related to agriculture credit, specifically short-term crop loans. It provides interest subvention of 2% on crop loans up to ₹3 lakh, with additional 3% for prompt repayment. The scheme is implemented through scheduled commercial banks and regional rural banks.

Correct Answer: B. Tomatoes, Onions, and Potatoes (TOP) value chain development

Operation Greens was launched in 2018 with focus on value chain development for Tomatoes, Onions, and Potatoes (TOP crops). It provides 50% subsidy on transportation and cold storage of these crops to reduce price volatility. The scheme was later expanded to cover 22 perishable crops to reduce post-harvest losses.

Correct Answer: B. 3.09 crore hectares

In its first year (Kharif 2016), PMFBY covered approximately 3.09 crore hectares of crop area. The scheme significantly increased crop insurance coverage compared to previous schemes. Over the years, PMFBY has faced challenges regarding premium payment delays by state governments and slow claim settlements.

Correct Answer: B. Jan Dhan, Aadhaar, Mobile

JAM trinity stands for Jan Dhan (bank accounts), Aadhaar (identity), and Mobile (connectivity). This trinity forms the foundation for Direct Benefit Transfer in agriculture schemes like PM-KISAN. The JAM framework ensures that government benefits reach the right beneficiary directly and eliminates leakages.

Correct Answer: C. C2 cost + 50%

The National Commission on Farmers, headed by MS Swaminathan, recommended MSP at C2 cost plus 50% profit margin. C2 cost includes A2 (paid out costs), FL (family labour value), rental value of owned land, and interest on owned capital. This recommendation has been a long-standing demand of farmer organizations but has been debated in terms of implementability.

Correct Answer: C. National Action Plan for Food and Nutrition Security

NFSM was part of the National Action Plan for Food and Nutrition Security to address the challenge of food security in India. It targets selected states and districts based on productivity gap analysis. The mission uses a demand-driven approach with incentives for adoption of improved practices and technologies.

Correct Answer: B. Both public and private general insurance companies

PMFBY is implemented through both public sector companies like Agriculture Insurance Company (AIC) of India and private general insurance companies. States select insurance companies through competitive bidding. Multiple insurers create competition and are expected to improve service delivery and settlement efficiency.

Correct Answer: D. PMAY

PMAY (Pradhan Mantri Awas Yojana) is a housing scheme, not an agriculture sector scheme. PM-KISAN provides income support to farmers, PMFBY is crop insurance, and PMKSY is irrigation scheme — all related to agriculture. PMAY aims to provide housing for all by 2022, targeting urban and rural homeless and those living in kutcha houses.