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MOU between Andhra Pradesh and Germany to encourage Zero Budget Natural Farming (ZBNF) in the State

Posted on : 14 Jan 2020

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  • The State government of Andhra Pradesh has signed a Memorandum of Understanding (MoU) with Germany-based KFW to encourage Zero Budget Natural Farming (ZBNF) in the State.
  • As part of the agreement that intends to scale up the ongoing project with the German firm, the government has taken a loan of Rs 711 crores out of the estimated amount of Rs 1015 crore earmarked to be spent towards the climate-resilient, ZBNF.
  • It is aimed to cover 2.39 lakh farmers in around 600 village panchayats and promote natural farming.
  • The ZBNF has been under implementation with German Assistance covering over a lakh hectares in the past two years. It has been aligned with other schemes like the Rastriya Krishi Vikas Yojana.
  • The Government has passed orders to completely take over the schemes of Pradhan Mantri Fasal Bima (PMFBY) and RWBCS Scheme and implement them on its own during the coming rabi season.
  • The agriculture department would work as the nodal agency for the schemes.
  • The minister said that farmers who have taken loans from banks or from common service centres need not pay the premium.
  • The village secretariats would take the full responsibility of handling all the dealings of the farmers. The minister gave an assurance to the farmers that the government was ready to pay compensation to them in case of any loss.

Article Related Questions

  1. Which Indian state signed MOU with Germany to encourage Zero Budget Natural Farming?

  2. 1.Andhra Pradesh

    2.Sikkim

    3.Punjab

    4.Telangana

    Right Ans : Andhra Pradesh

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