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PM Modi Sends Rs 17,100 Crore Into Bank Accounts Of Over 8 Crore Farmers


New Delhi:

High Minister Narendra Modi lately transferred Rs 17,100 crores to the financial institution accounts of over eight.five crore farmers as a part of the PM-KISAN scheme, geared toward offering direct improve of ₹ 6,000 yearly to them.

The quantity used to be a part of the 6th installment of the scheme introduced in 2018. The federal government claims to have supplied a right away money good thing about over Rs. 75,000 Crore to greater than nine.nine Crore farmers as a part of the scheme.

“Rs 17,000 crores of PM-Kisan Samman Nidhi had been deposited into financial institution accounts of eight.five crore farmers with a unmarried click on. No middlemen or fee, it went directly to farmers. I’m happy for the reason that purpose of the scheme is being fulfilled,” PM Modi stated throughout the release of a financing facility for farmers.

The Agriculture Infrastructure Fund — with a capital of Rs 1 lakh crore — used to be introduced via the High Minister via a video convention which used to be attended via lakhs of farmers, cooperatives, and voters around the nation. The Fund objectives to catalyze the advent of post-harvest control infrastructure and neighborhood farming belongings akin to chilly garage, assortment centres, processing devices, and so forth. Those belongings will permit farmers to get higher worth for his or her produce, as they are going to be capable of retailer and promote at upper costs, cut back wastage, and build up processing and worth addition, the federal government stated.

Underneath the PM-KISAN scheme, each and every farmer receives as much as ₹ 6,000 consistent with 12 months as minimal source of revenue improve and the scheme is completely funded via the central govt.

Introduced in December, 2018, the Pradhan Mantri Kisan Samman Nidhi Yojna (PM-KISAN) scheme has supplied a right away money good thing about over Rs. 75,000 Crore to greater than nine.nine Crore farmers, as consistent with the federal government.

The price range are being without delay transferred into the Aadhaar authenticated beneficiaries’ checking account to stop leakage and build up comfort for farmers.

The scheme has additionally been instrumental in supporting farmers throughout the Covid-19 pandemic, throughout the unlock of just about Rs 22,000 Crore to assist the farmers throughout the lockdown length, the federal government stated.

Over nine crore farmers have registered themselves below the scheme between December 2018 and November 2019, it stated. Of those, 7.62 crore or 84 consistent with cent of farmers have won the primary installment.

The cash via the second one installment used to be given to almost 6.five crore farmers and the volume below the 3rd installment used to be given to three.85 crore beneficiaries, in step with the knowledge won based on an RTI question.

The information of beneficiaries so uploaded via them undergoes a multi-level verification, together with via banks, and most effective then the volume is launched to the beneficiary, it stated, including that www.pmkisan.gov.in site can also be accessed to get extra main points at the operational tips of the scheme.



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