Connect with us


PM releases Rs 16,000 cr to farmers in latest installment under PM-KISAN End-shutdown




Prime Minister Narendra Modi launched the 13th Rs 16 crore-plus facility on Monday, under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), through direct transfer of benefits to more than Rs 8 crore beneficiaries.

Under the scheme, eligible farm families receive Rs 6,000 per year in three equal installments of Rs 2,000 each.

During the show, Modi also dedicated the refurbished building of the Belagavi railway station to the nation. The railway station has been redeveloped at an approximate cost of around Rs 190 crore to provide world class services to the passengers.

Another railway project that the Prime Minister dedicated to the nation is the project of doubling the railway line between the Londa-Belagavi-Ghataprabha section in Belagavi.

This project, developed at a cost of approximately Rs 930 crore, will enhance the line capacity along the busy Mumbai Pune Hubballi Bengaluru railway line, leading to the promotion of trade and economic activities in the region, according to an official statement.

Modi also laid the foundation stone for six multi-village scheme projects under the Center’s Jal Jeevan Mission in Belagavi, which will be developed at a cumulative cost of around Rs 1,585 crore and will benefit approximately 8.8 lakh people living in more than 315 villages.

Karnataka Chief Minister Basavaraj Bommai, Union Minister for Agriculture and Farmer Welfare Narendra Singh Tomar and Union Minister for Parliamentary Affairs Pralhad Joshi, Union Minister of State Shobha Karandlaje, state government ministers, among others, were present at the event.

Also Read: What is PM Kisan Yojana?

Prime Minister Modi is on a one-day visit to Karnataka, where Assembly elections are scheduled for May, and he inaugurated the newly built Shivamogga airport on the same day.

The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, launched by Modi in 2019, aims to provide income support to all land-owning farm families across the country with arable land, subject to specific exclusions.

All land-owning peasant families in the country are eligible under PM-KISAN, subject to certain exclusion criteria. So far, more than Rs 2.25 crore of funds have been disbursed to more than 11 million mainly small and marginal farming families.

According to the officials, during the Covid lockdown, Rs 1.75 lakh crore was distributed across multiple facilities to support these hardship farmers. The scheme has also benefited more than three million female beneficiaries who have collectively received more than Rs 53,600 crore in funds.

Installations 11 and 12 under the scheme occurred in May and October of last year.

(Only the headline and image in this report may have been modified by Business Standard staff; all other content is auto-generated from a syndicated feed.)

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2023 Story Level Media.