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Promax development  2.0: J&K govt pumps Rs. 5,013 crore to boost agriculture sector

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March 5, 2024

Srinagar:  Jammu and Kashmir government has invested Rs. 5,013 crore in 29 projects to boost the agriculture sector.

Under the Holistic Agriculture Development Program, an investment of Rs. 5,013 crores has been made in 29 projects for comprehensive sectoral development. This endeavor is expected to uplift the lives of 13 lakh farmer families and generate employment opportunities for an additional three lakh individuals, fostering economic growth and prosperity.

Prime Minister’s Crop Insurance Scheme has also been extended to all 20 districts, offering a safety net to farmers against crop losses. Efforts are also underway to implement the scheme in the horticulture sector, further strengthening risk mitigation measures.

Besides,  a significant stride has been made in enhancing storage capacities with the establishment of 2.44 lakh metric tons of cold storage within just three years, compared to a meager 1.35 lakh metric tons developed over 72 years. This leap in infrastructure is poised to revolutionize post-harvest management and reduce wastage, ensuring better returns for farmers.

 Around 14.83 lakh Kisan Credit Cards have been distributed to ensure economic security for farmer families, The integration of 23 mandis with e-NAM ensures fair prices for farm produce, fostering transparency and efficiency in agricultural trade.

If it was not enough, PM Kusum Yojana aims to provide 9000 solar agricultural pumps to farmers, offering an alternate energy solution while reducing dependency on traditional power sources.

 Jammu and Kashmir Dairy Mission, with its aim to double milk production by 2027, promises to be a game-changer for the dairy sector, benefiting 6.6 lakh farmers and bolstering rural economies.

“As we embark on this transformative journey, let us recognize and honor the invaluable contribution of farmers, who truly embody the soul of our society,” said an official.


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