Team Blitz India
NEW DELHI: The Government informed Parliament that it has no proposal to increase the financial benefit to farmers under PM Kisan scheme to Rs 8,000-12,000 per year.
“There is no proposal under consideration to increase the amount even for women farmers under the scheme, ”Agriculture Minister Arjun Munda said in a written reply to Lok Sabha.
Launched in 2019, the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) provides eligible farmers a financial benefit of Rs 6,000 per year in three equal instalments of Rs 2,000 every four months. The fund is directly transferred to bank accounts of the beneficiaries.
Sharing the progress made under the scheme, the Munda said the Government has disbursed over Rs 2.81 lakh crore to more than 11 crore farmers in 15 instalments so far.“The benefit is provided to supplement financial needs of land-holding farmers,” he added.