Magnificent Success! Over 6 crore farmers get assistance from PM Kisan Nidhi scheme
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New Delhi, Jun 22: Indian government is tirelessly working for the welfare of farmers. The ‘PM Kisan Nidhi Scheme’ is one of the most significant initiatives of the government. Now, making magnificent success in this initiative, Over 6 crore farmers across the country have been benefited under the Pradhan Mantri Kisan Samman Nidhi scheme till now.
A sum of 1230 crore rupees has been credited directly to the bank accounts of farmers families. The ambit of the scheme has been expanded to cover all farmers in the country irrespective of the size of their land holdings. The scheme provides a payment of Rs 6,000 per year in three equal installments of Rs 2,000 to beneficiaries.
Giving this information in a written reply in Rajya Sabha on Friday, Agriculture and Farmers Welfare Minister Narendra Singh Tomar said, an additional two crore farmers will be covered under the scheme.
Agriculture Minister Narendra Singh Tomar said in the Rajya Sabha, “Recently, the government has initiated the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme effective from February 1 to enable farmers to take care of expenses related to agriculture and allied activities as well as domestic needs”.
Recently, the Centre decided to extend the benefit of this scheme to all 14.5 crore farmers, irrespective of the size of their landholding, costing Rs 87,217.50 crore annually to the exchequer.
Giving an update on disbursement, Tomar, in a reply to a separate query, said, "Till date, the first installment to 3,29,52,568 beneficiaries and the second installment to 2,85,73,889 beneficiaries have been credited directly to the bank accounts of farmers' families under the PM-KISAN scheme."
"PM-KISAN is a continuous and ongoing scheme, in which the financial benefits are transferred to the bank accounts of the identified beneficiaries as and when their correct and verified data is uploaded by the concerned States/UTs on PM-KiSAN web portal," the minister said.
"In this process several times, the rejected data is returned to the State/UT governments for correction. Though this results in a delay in the release of benefits to the identified beneficiaries, it is essential so as to ensure that the benefit reaches the correct beneficiary," Tomar said.
The government has disbursed Rs 6,590.51 crore for the first installment and Rs 5,714.77 crore for the second tranche, the data showed. The minister informed that the government has decided beneficiaries would be eligible to get the payment commencing from the four-monthly period in which their names are uploaded in the portal and also subsequent installments.