Ad
Ad
Ad
The Indian government plans to invest ₹6,000 crore in promoting precision farming, a modern approach that uses smart technology like Artificial Intelligence (AI), drones, and data analytics to enhance crop production. This initiative aims to improve the use of resources while minimizing environmental impact.
Also Read: National Food Security Scheme: Complete Your e-KYC Soon to Continue Receiving Free Ration
Under the Union Ministry of Agriculture’s new Smart Precision Horticulture Programme, the initiative will cover 15,000 acres from 2024-25 to 2028-29, benefiting around 60,000 farmers. The programme will be launched as part of the existing Mission for Integrated Development of Horticulture (MIDH) scheme.
Farmers will receive financial assistance under the Agriculture Infrastructure Fund (AIF), which offers loans with a 3% interest subsidy for adopting smart farming technologies. Eligible entities include individual farmers, Farmer Producer Organizations (FPOs), and Self-Help Groups (SHGs). The fund supports the purchase of drones, AI-based solutions, and other modern farming tools.
Also Read: India Strengthens Global Agricultural Ties at G20 Meeting 2024
Smart farming maximizes the efficient use of resources like water, fertilizers, and pesticides. It also helps farmers increase production quality and quantity, ensuring sustainable farming and protecting them from climate change uncertainties.
The government plans to collaborate with countries like the Netherlands and Israel, known for their advanced farming technologies, through Centres of Excellence (CoEs). Around 100 CoEs are expected to be set up in the next five years. So far, 32 CoEs have been established under the Indo-Israel Agriculture Project across 14 states.
Additionally, the Centre has established 22 Precision Farming Development Centres (PFDCs) across the country. These centers test new technologies and adapt them to local conditions.
Also Read: PM Kisan 18th Installment: How to Check Status & Beneficiary List
With this ₹6,000 crore investment in smart farming technologies, the government is set to revolutionize Indian agriculture by making it more efficient and sustainable, benefitting farmers and boosting crop yields across the country.
Swaraj Tractors Showcases Advanced Farming Solutions at Krishithon Expo in Nashik
Explore Swaraj Tractors' innovative range at Krishithon Expo, featuring advanced models designed to enhance farming productivity and efficiency....
21-Nov-24 10:25 AM
Read Full NewsTAFE and AGCO Secure Legal Relief in Massey Ferguson Dispute
TAFE and AGCO clash over Massey Ferguson brand rights, with Madras High Court ordering status quo amid ongoing legal battles....
20-Nov-24 05:35 AM
Read Full NewsVST Tillers Launches Eco-Friendly 30HP Tractor with Advanced Emission Standards
VST Tillers unveils a 30HP tractor with Stage-V emission standards, combining eco-friendly technology, efficiency, and global market expansion....
19-Nov-24 05:32 AM
Read Full NewsGovernment to Provide Loans and Interest Subsidy for Tractors and Farm Equipment: How Farmers Can Benefit
The government offers loans with up to 7% interest subsidy for farmers, easing access to affordable funds for agricultural and other needs....
12-Nov-24 06:14 AM
Read Full NewsDomestic Tractor Sales Rise in October 2024: 1,44,675 Units Sold with 22.37% Growth
Domestic tractor sales grew by 22.37% in October 2024, with 1,44,675 units sold. M&M Group led the market growth....
11-Nov-24 10:03 AM
Read Full NewsMahindra Farm Equipment Raises Growth Outlook for FY25, Aiming for 16% Tractor Market Growth in H2
Mahindra Farm Equipment raises its FY25 growth forecast, targeting 16% tractor market growth, with a focus on alternative fuels....
11-Nov-24 07:29 AM
Read Full NewsAd
Ad
Namo Drone Didi Scheme 2024: 80% Subsidy, ₹8 Lakh Aid, Drone Training, Benefits, and Application Process for Women SHGs
21-Nov-2024
Top 10 Apollo Tractor Tyres: Prices, Sizes and Features
19-Nov-2024
Top 8 Compact Tractors for Winter Farming in India
16-Nov-2024
Pradhan Mantri Fasal Bima Yojana (PMFBY): Comprehensive Guide to Crop Insurance, Benefits, Eligibility, and Application Process
12-Nov-2024
Farmtrac 45 Powermaxx vs. Mahindra 575 DI: Comprehensive Analysis of Performance, Features, and Value for Farmers
11-Nov-2024
Mini Tractors vs. Big Tractors: Differences, Pros, Cons, and Which One to Choose?
18-Oct-2024
View All Articles
As featured on:
Registered Office Address
Delente Technologies Pvt. Ltd.
M3M Cosmopolitan, 12th Cosmopolitan,
Golf Course Ext Rd, Sector 66, Gurugram, Haryana
pincode - 122002