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

The Centre on Saturday stated it has disbursed Rs fifty,850 crore to farmers so significantly less than its landmark plan PM-KISAN, enabling them to satisfy farm enter value and domestic bills.

The Agriculture Ministry shared the progress created less than the plan, forward of its 1st anniversary on February 24.

The PM-KISAN was formally released on February 24 final 12 months by Primary Minister Narendra Modi at Gorakhpur, Uttar Pradesh.

Under the plan, the Centre transfers an total of Rs six,000 for every 12 months, in three equivalent instalments, instantly into the lender accounts of the farmers, subject to specified exclusion standards relating to increased earnings position.

“February 24, 2020 is the 1st anniversary of beginning of a new Central Sector Scheme, namely, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN),” an formal assertion stated.

The plan was released to offer earnings guidance to all landholding farmers’ family members throughout the nation and enable them to satisfy bills linked to agriculture as perfectly as domestic wants, it extra. “The Central Government has currently introduced far more than Rs fifty,850 crores till now,” the ministry stated.

Total quantity of beneficiaries protected less than the plan is about fourteen crore, based on estimates of the Agriculture Census 2015-sixteen. As on February 20 this 12 months, 8.forty six crores farmer family members have been presented the positive aspects.

The plan is effective from December 2018. The cut-off day for identification of beneficiaries with regard to their eligibility was February 1, 2019. The total duty of identification of beneficiaries rests with the condition /UT governments.

The plan initially provided earnings guidance to all small and marginal farmers’ family members throughout the nation, holding cultivable land up to two hectares. However, its ambit was afterwards expanded to address all farmer family members in the nation irrespective of the sizing of their land holdings.

Affluent farmers have been excluded from the plan these as earnings tax payers in final evaluation 12 months, industry experts like doctors, engineers, lawyers, chartered accountants etcetera and pensioners pensioners drawing at minimum Rs ten,000 for every thirty day period (excluding MTS/Class IV/Group D employees).

All instalments slipping because of on or immediately after December 1, 2019 are currently being paid only on the foundation of Aadhaar authenticated lender details of beneficiaries to be certain legitimate beneficiaries and stay clear of duplicity in payments, apart from in Assam and Meghalaya other than the UTs of Jammu & Kashmir and Ladakh, which are exempted from this need till March this 12 months.