Thursday, December 26, 2024
HomePersonal FinancePM Kisan Samman Nidhi Scheme: Farmers can get gift in Budget 2019

PM Kisan Samman Nidhi Scheme: Farmers can get gift in Budget 2019

More than 6000 rupees can come in the accounts, know, which farmers will get the benefit of this scheme?




In Budget 2021, the government can give gifts to farmers. It is expected that in this budget, the government may increase the amount given under the PM Kisan Samman Nidhi Yojana to please the farmers. So far, under the PM Kisan Samman Nidhi scheme, the government has given 2,000-2000 farmers a year, A total amount of 6000 rupees is given in three equal installments of Rs. 000. That is, under this scheme, the government is providing assistance of 500 rupees per month to the farmers. Regarding the amount of assistance given under the scheme, the farmers say that in the era of rising inflation, the assistance of only 500 rupees per month is very less. At the same time, many agricultural experts also say that this amount should be increased. The farmers hope that this time the amount of this scheme can be increased in the budget. According to media reports, it is being said that the Modi government can increase the amount of respect given to farmers. The announcement of this increase is expected in the Budget 2021. However, it has not been confirmed yet.

LIC Policy Revival Updates: Has your life insurance policy been laps, know the easy way to revive it

 

First of all, download the information of all government schemes, Tractor Junction Mobile App – http://bit.ly/TJN50K1

Government can make special announcements to make farmers happy

Finance Minister Nirmala Sitharaman will present the Union Budget for the next fiscal year 2021-22 on February 1, amid protests from farmers against the three new agricultural laws. According to the information, in the budget of this time there is also a possibility of making some special announcements by the Central Government regarding farming and farming. In some media reports, it is being claimed that in this budget, the government may announce an increase of Rs 6,000 annually under the Prime Minister Kisan Samman Nidhi Scheme. In this budget, farmers have also demanded to increase this amount from the Modi government. He says that an amount of Rs 6,000 annually is not enough.

How much does it cost to sow a crop in one acre

According to the farmers, it takes 3-3.5 thousand rupees for a paddy crop in one acre of land. At the same time, if wheat is cultivated, then it costs 2-2.5 thousand rupees. In such a situation, the farmers who have a little more land are not getting benefit from this scheme. The government should increase this amount so that farmers can get some more relief.

Government should take measures to increase allocation for agriculture sector- agricultural experts

In the budget for FY 2021-22, the government should take incentive measures along with increasing allocation for the agriculture sector. Agricultural sector experts have said this. He believes that the government should emphasize on the overall development of the agricultural sector. For this, additional funds should be provided in the budget to promote indigenous agricultural research, oilseed production, food processing and organic farming. Experts also say that there is a need to bring more and more farmers under the ambit of Direct Benefit Transfer (DBT). Ajay Shriram, president and senior MD, DCM Shriram, said, the food processing industry has played an important role in achieving better prices for the farmer and reducing the cost of middlemen. In the budget, food processing should take interest incentives, lower taxes, use of technology and measures for its promotion.

The budget for agriculture was also increased in the last financial year

The allocation for the agriculture sector was estimated to be around Rs 1.51 lakh crore in FY 2019-20, which rose marginally to Rs 1.54 lakh crore in the next year ie FY 2020-21. Apart from this, an allocation of Rs 1.44 lakh crore was made in the financial year 2020-21 for rural development. In its first financial year (2019-20), it was Rs 1.40 lakh crore. The amount of allocation under the Prime Minister Agricultural Irrigation Scheme was increased from Rs 9,682 crore in 2019-20 to Rs 11,217 crore in 2020-21.

Small farmers benefit from this scheme

PM-Kisan Samman Nidhi Yojana is a scheme to get 100% funds by the central government. The scheme was started by the Central Government from December 2018, under which small and marginal farmers are transferred 6,000 rupees annually to their bank accounts. This scheme can be availed by the farmers who do not have more than 2 hectares of land. State governments and union territories identify eligible farmers under this scheme. On 25 December 2020, PM Modi transferred about 18,000 crore rupees to the account of 9 crore farmers.

Seven installments received so far in PM Kisan Samman Nidhi

The central government has so far released money in 7 installments under the PM Kisan Samman Nidhi. So far, an amount of Rs 95,000 crore has been released to 10.60 crore farmers under this scheme. Under this scheme, money is transferred to the account during the period April-July, August-November and December-March. According to the information given on the website of PM-Kisan Samman Nidhi, 11.47 crore farmers have benefited under this scheme. The scheme was launched in December 2018.

These farmers will not get the benefit of this scheme

Farmers who are former or present constitutional post holders, current or former ministers, mayors or Zilla Panchayat presidents, MLAs, MLCs, Lok Sabha and Rajya Sabha MPs will be considered out of this scheme. Even if they do farming.




Officers in the central or state government and farmers receiving more than 10 thousand pension are not benefited. The rest will be eligible.

Professionals, doctors, engineers, CAs, lawyers, architects, whoever does farming, will not get any benefit.

Multi Tasking Staff / Class IV / Group D employees of Central and State Government will get benefits.

 

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments