​Union Cabinet Takes Major Decisions to Empower Farmers

  • 02 Jan 2025

On 1st January 2025, the Union Cabinet announced key initiatives aimed at improving the lives of farmers, dedicating the New Year to their prosperity.

Key Points

  • Pradhan Mantri Fasal Bima Yojana (PMFBY) Extension: Scheme extended till 2025-26 with a total budget of ₹69,515.71 crore. Aims to provide risk coverage to farmers against natural calamities.
  • Yield Estimation System using Technology (YES-TECH): Uses remote sensing for precise crop yield estimates.
  • Weather Information and Network Data System (WINDS): Enhances weather data collection through automatic weather stations, set for implementation in 2024-25.