Economic Survey & Budget Flashcards
According to the Economic Survey 2023-24, what is the average annual growth rate of agriculture sector in India over the past 5 years?
4.18%
According to the Economic Survey 2023-24, Indian Agriculture sector provides livelihood support to ___% of the population and has a share of ___% in the country’s GDP at current prices
42.3%
18.2%
The Government of India Launched a scheme to form and promote 10,000 FPOs in 2020 with a budget outlay of Rs. 6.86 thousand crore till 2027-28. As of Feb 2024, How many FPOs have been registered under the scheme?
8,195 FPOs
Acc to the Economic Survey, What is the contribution of the livestock sector to the GVA in agriculture and allied sector in 2022-23?
30.38%
According to the Economic Survey 2023-24, What is the CAGR of livestock sector in India from 2014-15 to 2022-23 at constant prices?
7.38%
According to the Economic Survey 2023-24. Free food grains were provided to about ______ PMGKAY beneficiaries, for a further period of 5 years
81.35 crore
According to the Economic Survey 2023-24, amount spent on agriculture research in 2022-23 was?
Rs. 19.65 thousand crore
According to the Economic Survey 2023-24, every rupee spent on agriculture research (including education), there is a payoff of?
Rs. 13.85
According to the Economic Survey, to provide social security to the most vulnerable farmer families, the Government implements PMKMY - Pradhan Mantri Kisan Mandhan Yojana. What is the monthly pension offered to enrolled farmers on the attainment of 60 years of age under this scheme?
Rs. 3000
What is the premium to be paid for PMKMY - PM Kisan Mandhan Yojana?
Rs. 55 - Rs. 200 per month
As of July 2024, How many farmers have enrolled under the scheme PMKMY?
23.41 lakh farmers
According to the Economic Survey 2023-24, focusing to reduce the use of chemical fertilizers, states with PM PRANAM initiative incentivises states to reduce chemical fertiliser use . It promotes sustainable methods such as alternative fertilizers like? What does R stand for in PM PRANAM?
Nano Urea, Nano DAP, organic fertiliser, etc.
Restoration
According to the Economic Survey 2023-24, what was the overall insured area under PMFBY in 2023-24?
610 lakh ha
According to the Economic Survey 2023-24, what is the total area coverage of all oilseed in India in 2023-24? what is the growth rate?
30.08 million ha
17.5%
According to the Economic Survey, Domestic availability of edible oil has risen from 86.3 lakh tonnes 2015-16 to ____ lakh tonnes in 2023-24
121.33 lakh tonnes
According to the 3rd advance estimate total foodgrains production is?
328.9 tonnes
(less than last year)
According to the Economic Survey 2023-24, What % of the agricultural GVA does the fisheries sector contribute to in India?
6.72%
According to the Economic Survey 2023-24, India achieved a record fish production of ____ million tons, ranking 3rd globally, accounting for ____% of global production.
17.54 million tons
8% of global fish production
According to the Economic Survey 2023-24, what is the Compound Annual Growth Rate (CAGR) of the fisheries sector in agri GVA?
8.9%
According to the Economic Survey 2023-24, the fisheries sunrise sector, supports approximately ____ million people
30 million people
According to the Economic Survey 2023-24, Animal Husbandry Infrastructure Fund (AHIDF) facilititates investments in key areas like dairy processing, meat processing, etc. Which entity manages the Credit Guarantee Fund Trust established AHIDF?
NABSanrakshan Trustee Co. Pvt Ltd
In the AHIDF Scheme, the government provides an interest subvention of ___% for ___ yrs
3% interest subvention for 8 years
The fund amount under the Credit Guarantee Fund Trust established for AHIDF by NABSanrakshan Trustee is?
Rs. 750 crore
According to the Economic Survey 2023-24, What was the value of agri-food exports, including processed food exports from india during 2022-23?
What is their share in India’s total exports?
USD 46.44 billion
11.7%
According to the Economic Survey 2023-24, What % of the Manufacturing GVA was constituted by the food processing sector in 2022-23 at 2011-12 prices?
7.66%
According to the Economic Survey 2023-24, who is the largest employer in organised manufacturing? What is their share in total employment in organised sector?
Food Processing
12.02%
According to the Economic Survey 2023-24, the share of processed food exports increased from 14.9% in 2017-18 to?
23.4% in 2022-23
According to the Economic Survey 2023-24, the Gross Capital Formation (GCF) of the agriculture sector grew at the rate of what % in 2022-23?
19.04%
According to the Economic Survey 2023-24, the average annual growth in GCF in agri investment from 2016-17 to 2022-23 was?
Gross Capital Formation
9.70%
To Double Farmer’s Income, acc to the DFI 2016 report, Farmer’s income need to grow at the rate of ___% in farm sector, to require an annual growth rate in agriculture investment of ___%
10.4%
12.5%
According to the Economic Survey 2023-24, the share of non-institutional credit reduced from 90% in 1950 to ___% in 2021-22
23.4%
Which geospacial mobile application enables geo-fencing, polygon creation, latitude-longitute capture, soil fertility and profile mapping, crop estimation survey and incorporation of geo-tagged photographs for land-based schemes
Krishi Mapper
A DPI that stores and standardises the data of relevant geospatial and non-geospatial data, such as remote sensing data,w eather data, soildata, reservoir data, groundwater data pertaining to government schemes
Krishi Decision Support System (DSS)
A prominent DPI with 3 foundational registries (databases), Farmer’s Registry, Geo-referenced village maps and crop sown registry, tohelp authenticate identities and create non-repudable digital asset in the form of Farmer ID, geotagged farm plots, etc
Agri-Stack
Time period of Digital Agri Mission?
2021-25
The Finance Minister outlines 9 priorities in the budget for achieving Viksit Bharat. Which is not a priority? - imp
1. Productivity & Resilience in Agri
2. Employment & Skilling
3. Inclusive HRD & Social Justice
4. Manufacturing & Services
5. Urban Development
6. Energy Security
7. Infrastructure
8. Digital Literacy
9. Innovation, R&D
10. Next gen Reforms
8
ASUME-IIN
The government in partnership with states, will implement Digital public Infrastructure (DPI) in agri for covering farmers and their lands in 3 years. The Digital crop survey for kharif using DPI will be conducted in how many districts in the 1st year?
400 districts
Over the next 3 years, the government plans to record the details of how many farmers and their lands in the DPI for agri?
11 crore
6 crore this year
Provision in the budget for agri & allied?
Rs. 1.52 lakh crore
PM GKAY has been extended for how many years?
5 years
Antyodayay Anna Yojana recieves ____kg of food grains per month and ____kg of foodgrains per person, per month.
35kg per month
5kg per person per month
Outlay of PM GKAY?
Rs. 11.08 L crore
PM MSY scheme allocation?
Rs. 2351 crore
the most out of fisheries total Rs. 2616.4 crore
Financial support for shrip farming, processing & export will be provided through?
NABARD
Total allocation for the department of fisheries?
Rs. 2616.44 crore
According to the Union Budget, Centre for Nucleus Breeding Centres (NBCs) will be set up for?
Shrip brood stocks
As per budget 2024-25, how many high yielding and climate resilient varieties of crops will be released for cultivation by farmers?
109 varieties by ICAR
for 32 field and horticulture
Over the next 2 years, how many farmers will be initiated into natural farming?
1 crore
How many need based bio-input resource centres will be established to support natural farming?
10,000
Phase 4 of PM GSY to connect 25,000 villages with all weather roads was announced. When was PM GSY launched?
25 Dec 2000
How many additional houses will be constructed under PMAY in rural and urban areas? Out of which how many will be in rural areas?
+3 crore
Rural: +2crore houses
Allocation of PMAY-G?
Rs. 3.06 trillion
Including central share of 2.05 trillion