Rs 3000 crore increase in budget of Prime Minister Kisan Samman Nidhi Yojana Business News India

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Under Prime Minister Kisan Samman Nidhi, the government has not made any changes to the annual assistance of Rs 6,000 to the country’s farmers, but has increased its amount by Rs 3,000 in the budget under the scheme compared to the previous budget. . In the 2021-22 budget, the government had proposed to allocate Rs 65,000 crore. This time it has become only Rs 68000 crores.

Let us tell you that the number of beneficiaries of PM Kisan has increased to more than 12 crore 47 lakh. The Modi government launched this scheme in 2018 with the aim of doubling the income of farmers. From then until now the government has released 10 quotas. Under this scheme, farmers receive Rs 6,000 per year in three installments of 2000-2000.

Budget 2022-23 (Rs. Crore)

The Dec-March 2022 quota has so far reached the accounts of more than Rs 10.60 crore of farmers. At the same time, in this financial year, the August-November 2021 quota has gone into the hands of more than Rs 11.18 crore of farmers. If we talk about the 8th installment or April to July 2021, more than Rs 11.12 crores of farmers have been benefited so far. These figures are available on the PM Kisan Portal.

Scissors in the amount of Pradhan Mantri Fasal Bima Yojana

Apart from this, the amount of Pradhan Mantri Fasal Bima Yojana has been cut with scissors. In the year 2021-22, the government had proposed to allocate an amount of Rs 16000 crore under this scheme. This time this amount has been reduced to 15500. That is to say, there has been a reduction of 500 crores in this.

The amount of Pradhan Mantri Kisan Maan Dhan Yojana has doubled. In this, there is a pension provision of Rs 3000 per month for farmers. At the same time, the Modi government also increased the amount to be allocated to Rs 500 crore for the formation and promotion of 10,000 Farmer Producer Organizations (FPOs). Rs 700 crore was kept in the last budget.

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