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

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