New Delhi, July 16 -- The Union cabinet on Wednesday approved the Prime Minister Dhan-Dhaanya Krishi Yojana (PMDDKY), a Rs.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 Rs.20,000 crore over time, while NLCIL will commit Rs.7,000 crore to clean energy projects.

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 sustai...