<p style="margin: 0px; text-align: justify;"><span style="color: #222222;">Ministry of Agriculture and Farmers Welfare and the United Nations Development Programme have signed a Memorandum of Understanding wherein UNDP will provide technical support towards Centre's aspirational Pradhan Mantri Fasal Bima Yojana scheme (PMFBY) and Kisan Credit Card – Modified Interest Subvention Scheme. </span></p>''<p style="margin: 0px; text-align: justify;"><br />''</p>''<p style="margin: 0px; text-align: justify;">Under the MoU, UNDP will leverage its expertise in systems and global know-how for supporting the Ministry of Agriculture for the implementation of combined agriculture credit and crop insurance.</p>''<p style="margin: 0px; text-align: justify;">The MoU was signed in the presence of Union Minister of Agriculture Narendra Singh Tomar by Chief Executive Officer of PMFBY Ritesh Chauhan and UNDP Resident Representative Shoko Noda.</p>''<p style="margin: 0px; text-align: justify;"><br />''</p>''<p style="margin: 0px; text-align: justify;">On this occasion, Mr. Tomar said that his Ministry is implementing the schemes with complete transparency in the interest of crores of farmers of the country. Direct benefit is being provided to all the farmers. </p>''<p style="margin: 0px; text-align: justify;"><br />''</p>''<p style="margin: 0px; text-align: justify;"><span style="color: #222222;">He further said, while the farmers paid a twenty one thousand crore rupees premium under PMFBY, they have received more than one lakh fifteen thousand crore rupees as compensation. He said, similarly, in the Kisan Credit Card Scheme, massive efforts are being made to give benefits to the farmers who could not take benefit of the scheme earlier.</span></p>