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Farm output, green energy funding gets a ₹51k cr boost

Mint Mumbai

|

July 17, 2025

About 17 million farmers will benefit from the scheme in the next six years: Ashwini Vaishnaw

- Rhik Kundu

Farm output, green energy funding gets a ₹51k cr boost

The Union cabinet on Wednesday approved the Prime Minister Dhan-Dhaanya Krishi Yojana (PMDDKY), a ₹24,000-crore-a-year initiative focused on transforming agriculture and allied sectors in 100 districts, starting 2025-26.

At the meeting chaired by Prime Minister Narendra Modi, the cabinet also cleared proposals to strengthen state-run NTPC Ltd and NLC India Ltd (NLCIL) to make fresh investments in renewable energy.

NTPC will invest ₹20,000 crore over time, while NLCIL will commit ₹7,000 crore to clean energy projects, making up a sum of ₹51,000 crore, to be spent on agriculture and green energy over varying periods.

PMDDKY, modelled on NITI Aayog's Aspirational Districts Programme, is the first scheme of its kind dedicated exclusively to enhancing farm productivity, promoting crop diversification and sustainable practices.

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