In a major step towards agricultural reform and renewable energy development, the Government of India has approved a ₹50,000 crore package under three key initiatives. The decision aims to enhance farm productivity in 100 underperforming districts and scale up clean energy infrastructure across the country.
The Cabinet has sanctioned ₹24,000 crore over six years for the Pradhan Mantri Dhan-Dhaanya Krishi Yojana (PMDDKY). This initiative targets 100 agricultural districts with low crop yields and limited access to credit. Through the convergence of 36 schemes across 11 ministries, around 1.7 crore farmers will benefit from comprehensive development in areas such as crop diversification, sustainable farming practices, irrigation systems, storage facilities, and improved access to agri-credit.
The government has also approved a capital infusion of ₹20,000 crore into NTPC Green Energy Ltd (NGEL). The funding will accelerate investment in renewable energy projects, including solar, wind, and green hydrogen. This move supports India's goal of reaching 60 GW of renewable energy capacity by 2032. Currently, NGEL operates 6 GW of capacity, with an additional 26 GW in the pipeline.
NLC India Renewables Ltd (NIRL), a subsidiary of Neyveli Lignite Corporation, has received a ₹7,000 crore investment boost. This includes the transfer of renewable assets worth ₹6,263 crore and an additional ₹700 crore for ongoing and upcoming green energy projects. NIRL aims to increase its renewable capacity to 10 GW by 2030, further strengthening India's clean energy footprint.
India Surpasses 50% Green Energy Capacity Milestone:
With these strategic approvals, India has not only reaffirmed its commitment to a sustainable future but has also already surpassed the 50% green energy capacity target set for 2030. The government continues to prioritize environment-friendly growth, rural development, and long-term energy security.
Conclusion: The Cabinet’s approval of initiatives like PMDDKY, the NGEL expansion, and NIRL’s green energy push represents a transformative vision for India’s future. With a total investment of over ₹51,000 crore, these programs are expected to drive rural empowerment, boost agricultural productivity, and accelerate the country’s transition to clean energy.
