Daily Current Affairs 2020 Govt launches ENSURE portal direct transfer system for farmers | Daily Current Affairs 2020

Govt launches ENSURE portal direct transfer system for farmers

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Union Ministry of Agriculture and Farmers’ Welfare has launched a portal ENSURE- National Livestock Mission-EDEG developed by NABARD and operated under the Department of Animal Husbandry, Dairying & Fisheries.

On this occasion, it was informed that the National Livestock Mission has been conceived by Modi government for the sustainable development of the livestock sector. Under the Mission’s component called Entrepreneurship Development and Employment Generation (EDEG), subsidy payment for activities related to poultry, small ruminants, pigs etc. through Direct Benefit Transfer (DBT) goes directly to the beneficiary’s account. In order to make it better, simpler and transparent, the NABARD has developed an online portal “ENSURE” (https://ensure.nabard.org) so that the information related to beneficiary and processing of application can be made readily available.

Under the new process, controlling officer/branch manager of the bank, after scrutinizing & sanctioning of proposal, uploads the subsidy claims in the portal. The subsidy will be approved within 30 days from the date of sanction of loan. Earlier, even after the loan approval, subsidy took a long time to reach the beneficiary’s account. Through this process, the flow of information/funds will also be quicker and more accountable. The burden of extra interest due to delay in the disbursal of the subsidy would now be reduced after the launch of the portal. Access from the portal will also be on real-time basis and list of beneficiaries can be easily prepared.

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