The new central scheme will be implemented for two years. Out of the total approved funds, Rs 591.65 crore will be spent in the 2018-19 fiscal and the rest 560.15 crore in the next financial year, an official statement said.
The new scheme 'Promotion of agricultural Mechanization for in-situ management of crop residue' with 100 per cent central share will be executed with the Delhi government along with neighbouring states Uttar Pradesh, Punjab and Haryana.
The main component of the scheme includes establishment of 'Farm Machinery Banks' for custom hiring of insitu crop residue management machinery.
Under the scheme, financial assistance at 80 per cent of the project cost will be provided to the cooperative societies of the farmers, farmer producers organisation (FPOs), Self Help Groups, registered farmers societies, private entrepreneurs, group of women farmers.
Financial assistance at 50 per cent of the machinery cost will be provided to individual farmers. Funds will also be given to various organisations for creating awareness.
At the state level, there will be a nodal implementing agency and also a State Level Executive Committee (SLEC) to implement the scheme and to ensure that no crop residue burning takes place in the farmer field.
Whereas, the District Level Executive Committee (DLEC) would be responsible for carrying forward the objectives of the scheme. It will constitute Surveillance Committees involving farmers group/progressive farmers to mobilise farmers for not burning the crop residue and will also ensure active participation of Panchayati Raj Institution.
DLEC will identify and select beneficiaries for establishment of farm machinery bank for custom hiring and procurement of machines on individual ownership basis to avail the benefit in transparent and time bound manner.
The state nodal department/ DLEC will tie up with the banks for credit requirements of the beneficiaries. Name and details of selected beneficiaries will be documented at district level indicating Aadhaar/UID numbers and the financial assistance will be paid through Direct Benefit Transfer (DBT).
Disclaimer: No Business Standard Journalist was involved in creation of this content
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