Agri Business

PM-Kisan scheme: Govt transfers Rs 5,215 cr to about 2.6 cr farmers

PTI New Delhi | Updated on March 11, 2019

The central government has so far transferred Rs 5,215 crore to over 2.6 crore small and marginal farmers under the PM-Kisan scheme which was announced in the last month’s interim budget.

Ahead of the general election, the Centre announced the Rs 75,000-crore Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme under which Rs 6,000 per year would be disbursed in three instalments to around 12 crore farmers who hold cultivable land up to 2 hectares.

In the budget, the NDA government allocated a sum of Rs 20,000 crore, to transfer Rs 2,000 each to farmers in the first installment by March-end, for the ongoing fiscal under the scheme.

The scheme was formally launched at national level by Prime Minister Narendra Modi on February 24 at Gorakhpur in Uttar Pradesh by transferring the first instalment to 1.01 crore farmers, totalling Rs 2,021 crore.

“Under PM Kisan Samman Nidhi: Benefit of over Rs 5,215 crore transferred directly into the bank accounts of more than 2.6 crore small and marginal farmers within 37 days of announcement of the scheme!”, the Prime Minister’s Office (PMO) said in a tweet on Sunday. “Would be first scheme where such an amount has been transferred to so many beneficiaries in such a short span of time,” the PMO further said.

Last week, the Union Agriculture Ministry had said that Uttar Pradesh, Andhra Pradesh and Gujarat have taken a lead in taking benefit under the PM-Kisan scheme. Till March 7, as many as 74.71 lakh farmers in Uttar Pradesh received the first installment, while 32.15 lakh farmers were benefitted in Andhra Pradesh.

Around 25.58 lakh farmers in Gujarat, 11.55 lakh farmers in Maharasthra, 14.41 lakh farmers in Telangana and 14.01 lakh farmers in Tamil Nadu got the first payment. Among other states, 8.34 lakh farmers in Haryana had received the first installment, followed by 8.09 lakh farmers in Assam and 8.07 lakh farmers in Odisha, the ministry data had showed.

The Centre is transferring the money directly into the bank accounts of eligible farmers, being identified by states and union territories (UTs).

Published on March 11, 2019

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