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Blockchain News

Jharkhand Implements Blockchain for Farmer Seed Distribution

He stated that the eligible farmer can complete the application and receive the advantages of the plan.

Written By Jalpa Bhavsar
Published January 18, 2024 8:02 PM·Updated 3 years ago
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Jharkhand Implements Blockchain for Farmer Seed Distribution

According to Agriculture Secretary Abu Bakr Siddiqui on Wensdadey, Ranchi, Jharkhand is the first state to employ blockchain technology for seed delivery to farmers to reduce the threat of intermediaries.

Farmers are currently receiving seed based on one-time passwords (OPTs) texted to their mobile phones.

Speaking of the accomplishments of the state government over the past four years, he stated that, out of the intended eight lakh farmers, 4.6 lakh had benefited from the agriculture department’s waiver of Kishan Credit Card loans totaling Rs1,853.3 crore.

He stated that the eligible farmer can complete the application and receive the advantages of the plan, but the department is having trouble finding the farmers because many of them have either moved or passed away. 

Milk production has grown thanks to the program that offers dairy farmers an incentive of three per liter and the establishment of dairy processing units in the districts of Sahiganj, Palamu, and Deoghar. According to Siddiqui, the amount of milk collected each day has climbed from 1.30 lakh to 2.5 lakh per liter.

According to the source, the Chief Minister Drought Relief Scheme has received 45.5 lakh applications from the department. After verification, 13.9 lakh beneficiaries have got a distribution of Rs 478 crore.

Also Read: India Blockchain Forum Unveils Web3.0 Ecosystem Directory

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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