New Delhi [India], February 26 (ANI): Prime Minister Narendra Modi will launch Rs 2,000 every to farmers below the PM Kisan Samman Nidhi Scheme (PM-KISAN) scheme on Monday, stated a press launch by Ministry of Agriculture and Farmers Welfare on Sunday.
A complete of greater than Rs. 16,800 crores will likely be deposited immediately within the accounts of greater than eight crore farmers below the Scheme, added the press launch.
The extremely anticipated launch of the PM-KISAN thirteenth instalment, along side the Indian Railways and the Jal Jeevan Mission, will happen at Belagavi, Karnataka.
The Union Minister of AgricultureFarmers Welfare, Narendra Singh Tomar and the Secretary, Ministry of Agriculture and Farmers Welfare, Manoj Ahuja will likely be current. The occasion is anticipated to attract a powerful attendance of over one lakh attendees, comprising PM-KISAN and Jal Jeevan Mission beneficiaries.
The eleventh and twelfth instalments below the Scheme got in May and October final 12 months. With the discharge of the thirteenth instalment, the federal government has continued its dedication to assist India’s farmers and assist them obtain their livelihood targets. The PM-KISAN Scheme has already offered important advantages to farmers throughout the nation, and this newest instalment will additional increase their incomes and contribute to the expansion of the agriculture sector.
PM Modi launched the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme in 2019. The Scheme goals to offer earnings assist to all landholder farmer households throughout the nation with cultivable land, topic to particular exclusions. Under the Scheme, an quantity of Rs 6000 per 12 months is launched in three instalments of Rs 2000 every immediately into the beneficiaries’ financial institution accounts.
All landholding farmer households within the nation are eligible below PM KISAN, topic to sure exclusion standards.
Till now, over 2.25 lakh crores of funds have been disbursed to greater than 11 crore farmer households, primarily the small and marginal. Notably, through the Covid lockdown, Rs. 1.75 lakh crores had been distributed in a number of instalments to assist these needy farmers. The Scheme has additionally benefited over three crore ladies beneficiaries who’ve collectively obtained over Rs. 53,600 crores in funds.
The initiative’s funds have spurred rural financial development, eased credit score constraints for farmers and boosted agricultural investments. It has additionally elevated farmers’ risk-taking capability, resulting in extra productive investments. According to IFPRI, PM-KISAN funds are serving to recipients meet their agricultural wants and different bills like training, medical care and marriage. (ANI)