Question
Which of the following is NOT a key feature of PMFBY?
Read the passage below and answer the following questions based on the passage ( Q no 15 to 18) Crop insurance in India plays a crucial role in safeguarding the livelihoods of millions of farmers who are vulnerable to the unpredictabilities of agriculture. As agriculture forms the backbone of the Indian economy, providing employment to nearly half of the population, ensuring its stability is vital. Crop insurance has emerged as an essential tool to protect farmers from financial losses caused by natural disasters, erratic weather patterns, pest infestations, and other unforeseen events that impact agricultural productivity. In a country where farming largely depends on the monsoon, the importance of crop insurance becomes even more pronounced. Indian farmers, particularly small and marginal ones, often bear the brunt of climate change and unpredictable weather, including droughts, floods, and cyclones, which can destroy entire crops. When crops fail due to these factors, farmers are left without income, often pushing them into severe debt and poverty. Crop insurance helps mitigate this risk by compensating farmers for their losses, ensuring they can recover and continue farming. Moreover, crop insurance encourages farmers to adopt modern agricultural techniques and make investments in their farms. When farmers know they have a safety net, they are more likely to take the risk of planting higher-yield crops, using better seeds, and employing improved irrigation techniques. This not only boosts individual productivity but also contributes to national food security by improving overall agricultural output.Solution
While PMFBY promotes sustainable farming practices, it does not specifically provide financial assistance for transitioning to organic farming.
Which of the following is/are True?
I- The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to im...
Last year, bad bank- NARCL was established. What does the “R” stand for in NARCL?
Which of the following Statements about the DICGC is/are True?
             I.       Deposit Insurance and Credit Guaran...
Consider the following Statements.
(i) As part of AtmaNirbhar Bharat Abhiyan stimulus package, the Department has launched Animal Husbandry in...
Which of the following is NOT a core focus area of the "Cities as Growth Hubs" initiative within the 2024-25 Union Budget?
As per the Constitution of India, what is the normal term of a Gram Panchayat from the date of its first meeting, unless dissolved earlier according to ...
Multidimensional poverty differs from income poverty because it includes—
What is the significance of using the term "she" in the context of the bill related to data protection?
Which of the following is not one of the five PVTGs of Andaman & Nicobar Islands?
The "Per Drop More Crop" component under PMKSY primarily focuses on: