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    ​The main objective of which of the following schemes is to support sustainable production in the agriculture sector by providing financial assistance
    Question

    ​The main objective of which of the following schemes is to support sustainable production in the agriculture sector by providing financial assistance to farmers suffering crop loss/damage arising out of unforeseen events?​

    A.

    ​Pradhan Mantri Fasal Bima Yojana​

    B.

    ​Paramparagat Krishi Vikas Yojana​

    C.

    ​Pradhan Mantri Krishi Sinchai Yojana​

    D.

    ​Gramin Bhandaran Yojana​

    Correct option is A

    • The Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme aims to support sustainable agriculture by providing financial assistance to farmers who suffer crop loss or damage due to unforeseen events.
    • The Paramparagat Krishi Vikas Yojana (PKVY), launched in 2015, is an extended component of Soil Health Management (SHM) under the Centrally Sponsored Scheme (CSS), National Mission on Sustainable Agriculture (NMSA). PKVY aims at supporting and promoting organic farming, in turn resulting in improvement of soil health.
    • Pradhan Mantri Krishi Sinchai Yojana is a national mission to improve farm productivity and ensure better utilization of the resources in the country.
    • The Gramin Bhandaran Yojana (GBY), also known as the Warehouse Construction Subsidy Scheme, is a government of India program that provides subsidies for the construction, renovation, and repair of rural warehouses. The scheme is administered by the National Bank for Agriculture and Rural Development (NABARD).

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