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

Jannie Delucca

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

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