Sri Sathya Sai district wins PMDDKY award for disbursing ₹4,992 crore to 3,69,970 farmers
GS3Economy · S&T · Environment · Security· MSP, procurement, PDS & food security· Prelims·
Institutional credit flow and rural development: a GS3 case study on agricultural financing.
Why in news
Union Minister for Agriculture Shivraj Singh Chouhan presented the PMDDKY national award to Sri Sathya Sai district for its success in disbursing ₹4,992 crore in loans to 3,69,970 farmers.
Background
The Pradhan Mantri Dhan-Dhanya Krishi Yojana (PMDDKY) award was presented at the National Agricultural Science Complex in New Delhi. Sri Sathya Sai district was recognized for disbursing ₹4,992 crore in loans to 3,69,970 farmers to promote sustainable agricultural growth.
Facts for Prelims
- SchemePMDDKY: Pradhan Mantri Dhan-Dhanya Krishi Yojana
- FactSri Sathya Sai district disbursed ₹4,992 crore in loans to 3,69,970 farmers
- PlaceNational Agricultural Science Complex is located in New Delhi
Prelims practice question
Where is the National Agricultural Science Complex located?
- (a)Hyderabad
- (b)Mumbai
- (c)New Delhi
- (d)Bengaluru
Show answer
Answer: (c) New Delhi — The note states the PMDDKY national award was presented at the National Agricultural Science Complex in New Delhi.
For Mains
Q. Discuss how targeted credit delivery through schemes like PMDDKY can enhance sustainable agricultural growth and rural economic development in India.
Dimensions to cover in your answer
- Credit accessibility: Bridging the gap between institutional lending and smallholder farmer requirements
- Sustainable growth: Balancing immediate credit infusion with long-term soil health and crop diversification
Keywords: Credit flow · Sustainable agriculture · Institutional lending · Rural development · Agricultural investment
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