All publications of Divyansh Arora . दिल्ली , भारत
Pradhan Mantri Kisan Samman Nidhi Yojna (PMKSNY) is an initiative of the Government of India whereby all farmers will receive up to SAR 6,000 (US $ 84) per year as a minimum income support. This initiative was announced by Piyush Goyal during the Indian Federation Provisional Budget 2019 on February 1, 2019. The plan will cost 75 billion rupees ($ 11 billion) US) annually and will be effective as of From December 2019. Each eligible farmer will be paid € 6,000 annually in three installments and deposited directly into their bank accounts.
The plan was first developed and implemented by the Telangana government as the Rythu Bandhu plan, whereby a certain amount is given directly to the eligible farmers. The scheme has received praise for its successful implementation , including the World Bank. Many economists suggest that this type of investment support is preferable than exemptions for farm loans. With the positive result of this scheme, the Government of India wanted to implement it as a project at the national level and it was announced by Piyush Goyal during the Provisional Budget of Federation of India 2019 on 1 February 2019.
For 2018–2019, Rs. 20 Crore allocated under this scheme. For the year 2019–2020, the plan has been revised to benefit approximately 2 million additional farmer rupees; The coverage of the plan was increased to approximately 14.5 million beneficiaries, by allocating Rs. 87.217.50 million rupees by Central Government. On 24 February 2019, Narendra Modi launched the scheme in Gorakhpur, Uttar Pradesh, funneling the first batch of 2,000 rupees to more than one million farmers.
1 — With the aim of increasing the income of small and marginal farmers, the government launched a new plan for the central sector, “Pradhan Mantri Kisan Saman Nidhi ( pm kisan )” in the fiscal year in progress. [ sixteen]
2. The aim of the PM-KISAN plan is to complement the financial needs of the SMFs in obtaining various inputs to ensure the health of suitable crops and appropriate yields, in proportion to the expected agricultural income at the end of each crop cycle.
3. This would also protect them from falling into the clutches of moneylenders to cover these expenses and ensure their continuation in agricultural activities.
1. In the database, the landowner’s name, gender.
2. Social classification (programmed tribes / programmed tribes).
3. Aadhaar number, bank account number, mobile phone number, etc.
4. Details of the cadastral record.