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Pradhan Mantri Fasal Bima Yojana - YES-TECH
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Question 1
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With reference to YES-TECH under the Pradhan Mantri Fasal Bima Yojana, which of the following is correct?
(a) YES-TECH uses Remote Sensing Technology for yield estimation,with at least 30% weightage on technology-based estimates.
(b) YES-TECH is currently being implemented in all Indian states,except Jammu and Kashmir and Ladakh.
(c) Fund for Innovation and Technology (FIAT), a public-private partnership, funds technological initiatives like YES-TECH.
(d) Crop Cutting Experiments (CCE) will be expanded under YES-TECH to ensure more reliable yield estimation.
Explanation
To enable large-scale technology-based yield estimates for crop loss assessment under the PMFBY system, the Department of Agriculture & Farmers Welfare (DA&FW) has conceptualized a special initiative called the Yield Estimation System using Technology (YES-TECH).Yield Estimation System using Technology (YES-TECH) uses Remote Sensing Technology for yield estimation with minimum 30% weightage to Technology based yield estimates. 9 Major States are currently implementing (namely AP, Assam, Haryana, Uttar Pradesh, MP, Maharashtra, Odisha, Tamil Nadu & Karnataka). Other States are also being on-boarded expeditiously. With wider implementation of YES-TECH, Crop Cutting Experiments and related issues will be gradually phased out. Under YES-TECH Claim calculation and settlement has been done for 2023-24. Madhya Pradesh has adopted 100% technology based yield estimation.For large scale technology infusion in implementation of the scheme leading to increasing transparency and claim calculation and settlement, the Union Cabinet has also approved creation of Fund for Innovation and Technology (FIAT) with a corpus of Rs.824.77 Crore. The fund will be utilised towards funding technological initiatives under the scheme namely, YES-TECH, WINDS, etc as well as Research and Development studies.The Fund for Innovation and Technology (FIAT) is under the Pradhan Mantri Fasal Bima Yojana (PMFBY). The Ministry of Agriculture and Farmers Welfare of the Government of India manages the FIAT.
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