Farmers are encouraged to ensure their registration is up-to-date to receive timely benefits under this programme. As the scheme progresses, authorities aim to reach even more farmers, furthering its impact on the agricultural economy.
In a significant achievement, the PM-Kisan scheme, aimed at providing financial support to farmers across India, has successfully disbursed over ₹2.22 lakh crore since its inception in 2019. This initiative has benefited more than 12.5 crore farmers, enhancing their financial stability and promoting agricultural productivity.
Launched by Prime Minister Narendra Modi, the PM-Kisan scheme provides direct cash transfers of ₹6,000 annually to eligible farmers, helping them manage expenses related to crop cultivation and other agricultural activities. The program has played a vital role in empowering small and marginal farmers, who constitute a substantial portion of India’s agricultural sector.
The government continues to emphasise the importance of this scheme as a critical component of its efforts to boost rural income and improve living standards in farming communities. With its ongoing support, the PM-Kisan initiative remains a cornerstone of the government’s commitment to enhancing the agricultural landscape in India.
Farmers are encouraged to ensure their registration is up-to-date to receive timely benefits under this program. As the scheme progresses, authorities aim to reach even more farmers, furthering its impact on the agricultural economy.
Union Minister for Agriculture and Farmers’ Welfare, Shivraj Singh Chouhan, reinforced Modi’s message, stating that the Prime Minister has transferred ₹20,400 crore under the Kisan Samman Nidhi, affirming that every cabinet decision is geared towards benefiting farmers. He highlighted the government’s subsidy programs, which provide ₹2,100 for a 35 kg bag of urea and ₹1,083 for a 50 kg pack of DAP, making fertilizers more affordable for farmers.
With these initiatives, the total funds disbursed to farmers under the PM-KISAN scheme now amount to approximately ₹3.45 lakh crore, underscoring the government’s relentless efforts to uplift the agricultural community and ensure their prosperity.
₹23,300 Crore Agricultural Initiatives Launched
Prime Minister Narendra Modi on Saturday unveiled a series of initiatives in Washim, Maharashtra, today, aimed at transforming the agricultural and animal husbandry sectors with a total investment of around ₹23,300 crore.
During the event, the Prime Minister also introduced the fifth installment of the NaMo Shetkari Mahasanman Nidhi Yojana, which is set to provide about ₹2,000 crore in financial assistance to farmers. Highlighting the government’s focus on bolstering agricultural infrastructure, Modi dedicated over 7,500 projects under the Agriculture Infrastructure Fund (AIF), valued at more than ₹1,920 crore. These projects include custom hiring centers, cold storage facilities, and post-harvest management units, all aimed at enhancing the storage and processing capabilities of agricultural products.
Additionally, the Prime Minister inaugurated 9,200 Farmer Producer Organizations (FPOs), which collectively hold a turnover of around ₹1,300 crore, emphasizing the government’s commitment to strengthening cooperative farming practices. He also announced the establishment of five solar parks across Maharashtra with a total capacity of 19 MW, further promoting sustainable energy use in agriculture.
The Prime Minister also addressed the issue of fluctuating crop prices, mentioning a recent reduction of export duties from 40 per cent to 20 per cent on onions to ensure better pricing for Maharashtra’s farmers. He pointed out the long-term commitment of his government to provide a minimum support price (MSP) that guarantees farmers a profit margin of 50% over their costs.
Criticizing previous governments, Modi noted that many farmers in Maharashtra had faced hardships and financial distress, attributing this to mismanagement and corruption. He expressed his administration’s dedication to reversing this trend through transparent governance and effective resource allocation.
