financetom
Technology
financetom
/
Technology
/
Cabinet approves ₹1,261 crore drone scheme for women self-help groups
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Cabinet approves ₹1,261 crore drone scheme for women self-help groups
Nov 29, 2023 6:25 AM

The Union Cabinet has given the nod for a central scheme to provide drones to 15,000 women Self Help Groups (SHGs), with an outlay of ₹1,261 crore for two years beginning next fiscal year, Union Information and Broadcasting Minister Anurag Thakur told reporters on Wednesday.

The decision was taken at the Cabinet meeting chaired by Prime Minister Narendra Modi on Tuesday.

"The scheme aims to provide drones to 15,000 selected women SHGs from 2024-25 to 2025-2026 for providing rental services to farmers for agriculture purposes," Thakur said.

The initiative aims to integrate drone technology with the agricultural sector while empowering women SHGs. The strategy involves collaborative efforts from the Department of Agriculture & Farmers Welfare, Department of Rural Development, and Department of Fertilizers, alongside Women SHGs and Lead Fertiliser Companies.

According to a press release, clusters economically viable for drone use will be identified, with 15,000 women SHGs in selected states receiving Central Financial Assistance covering 80% of drone costs, up to ₹8 lakh. The remaining amount can be raised as a loan under the National Agriculture Infra Financing Facility, with a 3% interest subvention.

To ensure efficiency, a 15-day training programme will be mandated for selected SHG members. The programme is said to include drone pilot training and additional agriculture-focused training.

“It is envisaged that the approved initiatives under the scheme will provide sustainable business and livelihood support to 15,000 SHGs and they would be able to earn additional income of at least ₹1 lakh per annum,” the press release said.

Prime Minister Modi had announced empowering SHGs with drone technology from the Red Fort in his Independence Day speech on August 15, while pitching for leveraging the potential of science and technology in rural development.

(Edited by : Vijay Anand)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Samsung Elec Q2 profit likely to drop 39% on weak AI chip sales
Samsung Elec Q2 profit likely to drop 39% on weak AI chip sales
Jul 6, 2025
(Corrects paragraph 2 to delete fourth consecutive quarterly decline) By Heekyong Yang SEOUL (Reuters) -Samsung Electronics ( SSNLF ) is expected to forecast a 39% plunge in second-quarter operating profit on Tuesday, weighed down by delays in supplying advanced memory chips to artificial intelligence chip leader Nvidia ( NVDA ). The world's biggest maker of memory chips is projected to...
Brent crude oil declines affected by its current resistance- Analysis-07-07-2025
Brent crude oil declines affected by its current resistance- Analysis-07-07-2025
Jul 6, 2025
The (Brent) price settled low in its last intraday levels, due to the stability of the resistance level at $68.70, which put it under negative pressure, especially with the emergence of the negative signals on the (RSI), after reaching overbought levels, to surpass the support of its EMA50, increasing the negative pressure that prevents its recovery. ...
Airtel founder Mittal, Warburg Pincus eye 49% stake in Haier India, Business Standard reports
Airtel founder Mittal, Warburg Pincus eye 49% stake in Haier India, Business Standard reports
Jul 6, 2025
July 7 (Reuters) - Sunil Mittal, the billionaire-founder of Indian telecom operator Bharti Airtel, and private equity firm Warburg Pincus have submitted a bid to acquire a 49% stake in Haier India at a steep discounted valuation of $720 million, Business Standard newspaper reported on Monday, citing people familiar with the matter. (Reporting by Aleef Jahan in Bengaluru; Editing by...
Nissan considers Foxconn EV output to save Oppama from closure, sources say
Nissan considers Foxconn EV output to save Oppama from closure, sources say
Jul 6, 2025
By Maki Shiraki TOKYO (Reuters) -Japan's Nissan Motor ( NSANF ) is in talks to allow Taiwan's Foxconn to use one of the automaker's domestic factories to build electric vehicles, said two people familiar with the matter, a deal that could save the plant from closure. Reuters reported in May that Nissan ( NSANF ) was considering closing its Oppama plant,...
Copyright 2023-2025 - www.financetom.com All Rights Reserved