Category Policy Briefs

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Strengthening Farmers’ Security: Pradhan Mantri Fasal Bima Yojana (PMFBY), 2016 

In India, where over half the population depends on agriculture for their livelihood, and more than 70% of farmers are small and marginal, they remain extremely vulnerable to climate variability and crop failures (NITI Aayog, 2019). The growing threat of global warming has intensified the frequency and severity of erratic weather patterns, worsened agricultural risks, and deepened the cycle of income insecurity and indebtedness among farmers. Recognizing this urgent challenge, the Government of India launched the Pradhan Mantri Fasal Bima Yojana (PMFBY) in 2016. It is a large-scale crop subsidy insurance scheme that aims to safeguard farmers. This scheme is being administered by the Department of Agriculture and Farmers Welfare. 

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India- USA: AI and Digital Economy Partnership 2025

The relationship between the United States and India has entered a new era, where Artificial Intelligence (AI) and the digital economy are becoming the key drivers of cooperation. The Government of India initiated the National AI Mission in March 2024, with a budget of ₹10,300 crore. The mission aims at the development of a large-scale computing infrastructure, the development of in-country created models of Artificial Intelligence like Bharat Gen, the development of semiconductor manufacturing, and the nurturing of Artificial Intelligence talent through the IndiaAI Future Skills programme.

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