PM Modi has helped over 8 Crore farmers with Rs. 17,100 Crores so far under PM-Kisan scheme!
Galatta | Aug 09, 2020, 05:45 pm
The Indian Prime Minister Narendra Modi has both ardent followers and staunch critics but he is undeniably a man of charisma who endears himself to the people of our country! The current government has brought in a number of beneficiary schemes for the farmers, who are the backbone of our country! One such scheme is the PM-Kisan scheme under which the government directly transfers cash to the bank accounts of farmers! We hear that so far, about 9 Crore farmers have registered themselves as beneficiaries under this scheme where an annual amount of Rs. 6000 is credited to their accounts! Of the registered farmers, about 7.62 Crores or 84%, have already been benefited under this scheme!
This PM-Kisan scheme, which was launched in 2018 to help the poor farmers, has so far had six installments of cash disbursals and the last of these, happened recently! The Government claims to have provided Rs. 90,000 Crores to over 10 Crore farmers, so far. As part of the sixth installment, PM Modi today electronically transferred Rs. 17,100 Crores to the bank accounts of over 8 Crore farmers, directly. Prime Minister Modi launched a financing facility for farmers and during the launch, he said, "Rs. 17,000 Crores of PM-Kisan Samman Nidhi have been deposited into bank accounts of 8.5 Crore farmers with a single click. No middlemen or commission, it went straight to the farmers. I am satisfied because the objective of the scheme is being fulfilled!"
Today, PM Modi also launched the Agriculture Infrastructure Fun, with a capital of Rs. 1 Lakh Crores! He launched it through a video conference, which was also attended by lakhs of citizens including farmers and cooperatives! This fund is being set up to improve the post-harvest management infrastructure and community farming assets like cold storage, processing units and collection centres! These would help the farmers reduce wastage and improve the prices for their products! The Prime Minister's Office has also stated as part of the first transaction of this fund, over Rs. 1000 Crores were transferred to about 2,280 farmers. Stay tuned for updates...