Under the 24th installment of PM-Kisan Yojana, Rs 18,690 crore will be transferred to more than 9.34 crore farmers. Prime Minister Narendra Modi will release this installment on Friday from Banaskantha, Gujarat.
Tezzbuzz Desk– There is big news for the beneficiaries of Prime Minister Kisan Samman Nidhi Yojana. Prime Minister Narendra Modi will release the 24th installment of PM-Kisan Yojana from Banaskantha, Gujarat on Friday. Under this, Rs 18,690 crore will be directly transferred to the bank accounts of more than 9.34 crore farmers. Eligible farmers will get Rs 2,000 in this installment.
According to a government statement, Union Agriculture Minister Shivraj Singh Chouhan will attend the program from Raisen in Madhya Pradesh. During this, the Prime Minister will dedicate to the nation 521 units established under the Agricultural Infrastructure Fund (AIF). These are aimed at strengthening agricultural storage, processing and related infrastructure. Besides this, 12 horticulture clusters will also be inaugurated to promote high value horticulture crops.
Under the PM-Kisan scheme, which was launched in February 2019, Rs 4.47 lakh crore has so far been distributed to eligible farmers in 23 installments. Under the scheme, Rs 6,000 is given annually in three installments to eligible landholding farmer families. This amount is sent to Aadhaar linked bank accounts through Direct Benefit Transfer (DBT).
According to the government statement, about Rs 1.75 lakh crore has been invested in more than 2.28 lakh projects under the Agriculture Infrastructure Fund. This is helping in the development of warehouses, cold storage facilities and primary processing centres. The government aims to reduce post-harvest losses, increase market access of farmers and improve their income.
The Agriculture Ministry has also mentioned schemes like Pradhan Mantri Fasal Bima Yojana, Kisan Credit Card, Minimum Support Price, National Edible Oil Mission, Self-Reliance Mission in Pulses and National Natural Farming Mission. Through these initiatives, emphasis is being laid on strengthening the agriculture sector and providing better opportunities to the farmers.