PM Modi Launches PM-KISAN Scheme in Gorakhpur, Uttar Pradesh
Millions of Farmers to Get Direct Money Transfer in their Accounts Starting Today
Important Decision ahead of Elections Especially when Rahul Gandhi also Endorsing Farmer Loan Waiver to Woo Farmers
“The Modi government’s gift to small and marginal farmer families.” Union Minister Radha Mohan Singh has said
First instalment of Rs 2,000 to selected small and marginal farmers to be transferred directly in their accounts
At least 20 million small cultivators are likely to receive the first tranche of ~2,000 each directly into their accounts. The cash transfers will continue for several days after the launch, the minister said, as states continue to send farmers’ data to a centralised portal through which the money will be credited into savings accounts.
The cash-transfer scheme for small and marginal farmers ahead of a general elections, India’s first, is a major populist step by the Modi government to offset a challenging spell of rural crisis brought on by unprofitable sales of farm commodities.
The agriculture ministry is gearing up for a widely publicised event, with programmes being organised by Krishi Vigyan Kendras, a network of farm advisory centres in every district.