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Current Affairs

Mukhya Mantri Krishi Aashirwad Yojana

Current context: “Mukhya Mantri Krishi Aashirwad Yojana” was officially launched by the Vice president M. Venkaiah Naidu in Ranchi, Jharkhand on 10th August 2019.
Mukhya Mantri Krishi Aashirwad Yojana 
  • The scheme was first announced on 21st December 2018 for doubling farmer’s income in the upcoming 4 years (2022) and is officially launched on 10th August 2019.
  • The objective of MMKAY is to serve to improve the financial situation of farmers and provides them with investment support for the Kharif season to double their income by 2022.
  • Under the scheme, Rs 5000 Per Acre/year (maximum up to 5 Acres) would be given to Jharkhand’s state farmers for their Kharif crops.
  • This Financial fund will be given for the following purpose- Purchase of Fertilizers, Hiring of Farm Equipment, Purchase of Seed, Labour and land preparation and Any other Agriculture related work.
  • The beneficiaries would get financial assistance through the Direct Benefit Transfer (DBT) mode.

Key points:

  • Launched by: CM Mr Raghubar Das
  • Launched Date: 21st December 2018
  • Cost of the project: INR 2250 Crore
  • Start date of the scheme: Kharif crop season (2019-2020)
  • The objective of the scheme: To double the farmer income


Q.1 Mukhyamantri Krishi Aashirwad Yojana is an ambitious scheme of which state government?
a. Kerala
b. Punjab
c. Jharkhand
d. Odisha
Mukhya Mantri Krishi Aashirwad Yojana Mukhya Mantri Krishi Aashirwad Yojana Reviewed by Neha Verma on August 11, 2019 Rating: 5

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