PM-KISAN: All you need to know about this scheme; details here
PM-KISAN scheme is funded by the Centre, through which a farmer gets a total benefit of Rs 6,000 per yr. Rs 75,000 crore per year is set aside for it.
Prime Minister Narendra Modi on Friday released Rs 18,000 crore as the next instalment under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme to more than 90 million farmers. PM's programme coincided with the birth anniversary of former Prime Minister, Atal Bihari Vajpayee, which is also celebrated as Sushashan Diwas.
This event was held at every development block across the country and two crore farmers had registered for it. The Prime Minister’s outreach comes amid the ongoing farmers' protests against the three agri laws passed by Parliament in September to reform the farm sector.
PM Kisan Samman Nidhi is an ambitious scheme of the government and through this, an instalment of Rs 2000 gets directly transferred to the account of farmers thrice in a year and a farmer gets a total benefit of Rs 6000 in a year in his or her account.
In June 2019, all farmers were included into the scheme irrespective of the size of their landholdings. However, affluent landholders including doctors, chartered accountants, engineers, lawyers, government servants and holders of constitutional posts etc, were kept out of the ambit of the scheme.
The PM-KISAN scheme is funded by the centre and Rs 75,000 crore per year is set aside for it.