July 24, 2024


Imagination at work

Centre pays Rs 50,850 crore to farmers under PM-KISAN scheme

The Centre on Saturday claimed it has disbursed Rs fifty,850 crore to farmers so considerably below its landmark plan PM-KISAN, enabling them to meet up with farm input price and domestic expenditures.

The Agriculture Ministry shared the progress designed below the plan, ahead of its initial anniversary on February 24.

The PM-KISAN was formally introduced on February 24 previous yr by Prime Minister Narendra Modi at Gorakhpur, Uttar Pradesh.

Underneath the plan, the Centre transfers an amount of Rs six,000 for each yr, in 3 equal instalments, specifically into the financial institution accounts of the farmers, issue to certain exclusion requirements relating to greater profits status.

“February 24, 2020 is the 1st anniversary of starting up of a new Central Sector Plan, namely, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN),” an official statement claimed.

The plan was introduced to offer profits assistance to all landholding farmers’ people throughout the country and permit them to meet up with expenditures associated to agriculture as effectively as domestic demands, it included. “The Central Federal government has presently unveiled additional than Rs fifty,850 crores till now,” the ministry claimed.

Complete quantity of beneficiaries lined below the plan is about 14 crore, based on estimates of the Agriculture Census 2015-sixteen. As on February twenty this yr, 8.forty six crores farmer people have been given the benefits.

The plan is effective from December 2018. The lower-off date for identification of beneficiaries with regard to their eligibility was February 1, 2019. The full responsibility of identification of beneficiaries rests with the condition /UT governments.

The plan in the beginning offered profits assistance to all tiny and marginal farmers’ people throughout the country, holding cultivable land up to 2 hectares. Nevertheless, its ambit was later expanded to protect all farmer people in the country irrespective of the dimensions of their land holdings.

Affluent farmers have been excluded from the plan these kinds of as profits tax payers in previous assessment yr, experts like medical practitioners, engineers, lawyers, chartered accountants etc and pensioners pensioners drawing at least Rs 10,000 for each thirty day period (excluding MTS/Class IV/Team D workers).

All instalments slipping due on or soon after December 1, 2019 are getting paid only on the basis of Aadhaar authenticated financial institution details of beneficiaries to make sure real beneficiaries and keep away from duplicity in payments, apart from in Assam and Meghalaya in addition to the UTs of Jammu & Kashmir and Ladakh, which are exempted from this necessity till March this yr.