• In a boost to the agricultural sector in the country, the government of India has approved several policy decisions including the extension of the major crop insurance scheme- Restructured Weather Based Crop Insurance Scheme and Pradhan Mantri Fasal Bima Yojana.
• The government has also approved the creation of FIAT to fund research and development projects in the agricultural sector like YES-TECH, and WINDS.
• The central government has extended the central sector crop insurance scheme -Pradhan Mantri Fasal Bima Yojana and Restructured Weather Based Crop Insurance Scheme by one year till 2025-26. 

Date: Current Affairs - 03-01-2025
Category: National

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