New Delhi, July 16 -- Prime Minister Narendra Modi-chaired Union Cabinet, in a meeting on Wednesday, approved the Prime Minister Dhan-Dhaanya Krishi Yojana, which was initially announced in the Budget for 2025-26.

The scheme aims to enhance agricultural productivity, increase crop diversification and sustainable agricultural practices, augment post-harvest storage, improve irrigation facilities and facilitate availability of credit. This programme will help 1.7 crore farmers, Union Minister Ashwini Vaishnaw told reporters today after the weekly Cabinet meeting. A financial outlay of Rs 24,000 crore will be earmarked per year, at least for 6 years starting 2025-26.

Motivated by the success of the Aspirational Districts Programme, Finance...