Q. Consider the following statements about the CROPIC, seen in the news recently:
1.It is a study to gather crop information using field photographs and AI-based models.
2.It aligns with the objectives of the Pradhan Mantri Fasal Bima Yojana (PMFBY).
3.A special budgetary fund support has been granted for the launch of this initiative.
How many of the above statements are correct?
Explanation: Statements 1 and 2 are correct
Statement 1 is correct: CROPIC stands for “Collection of Real Time Observations & Photo of Crops”. It is a study to gather crop information using field photographs and AI-based models.
Statement 2 is correct: CROPIC is an initiative under Pradhan Mantri Fasal Bima Yojana (PMFBY) with a dual purpose of monitoring crop health and stress and automation of crop loss assessment and payment of claims to affected farmers using computer vision technology and photo-analytic models.
Statement 3 is incorrect: The Fund for Innovation and Technology (FIAT) under PMFBY will be used for funding CROPIC. The FIAT has a total outlay of Rs 825 crore for different technology innovations under crop insurance schemes.
Source: IE

