Flourishing farmers financially, PM KISAN releases Rs 2021 crores gross till date..!

New Delhi, March 8: Viewing to augment the income of farmers by providing financial support to all small and marginal landholder farmer’s families across the country, the centre has stepped up allocating first instalment Rs 2000 to about 1.01 crore farmers in the first trench entailing fund release of Rs 2021 crore under PM-KISAN scheme.

 

Enabling the farmers to take care of expenses related to agriculture and allied activities as well as domestic needs, the government had started a this scheme in the month of February. However it was formally launched implementing efficiently and releasing the first portion.

PM-KISAN aims to provide a payment of Rs 6000 per year for the farmers’ families with cultivable land holding upto 2 hectare, subject to certain exclusions. “Till date, the benefit has already been released to more than 2 crore small and marginal farmers. The State-wise number of beneficiaries, which have been transferred the 1st instalment is enclosed. It is a continuous scheme and the aim of the Department is to cover all eligible small and marginal farmer families”, the statement reported.

The amount is being released by the reigns directly into bank accounts of the eligible farmers under Direct Benefit Transfer (DBT) mode for a specified period of 4 months. Around 12.5 crore farmers across the country will be benefitted from this Scheme. Under the scheme, the responsibility of identification of the eligible beneficiaries rests with the State Government.