Centre pays Rs 50,850 crore to farmers under PM-KISAN scheme

The Centre on Saturday said it has disbursed Rs 50,850 crore to farmers so much underneath its landmark scheme PM-KISAN, enabling them to satisfy farm input value and house expenses.

The Agriculture Ministry shared the development manufactured underneath the scheme, forward of its very first anniversary on February 24.

The PM-KISAN was formally released on February 24 final yr by Primary Minister Narendra Modi at Gorakhpur, Uttar Pradesh.

Under the scheme, the Centre transfers an quantity of Rs 6,000 for each yr, in a few equal instalments, instantly into the bank accounts of the farmers, subject to specified exclusion standards relating to bigger revenue position.

“February 24, 2020 is the 1st anniversary of setting up of a new Central Sector Plan, specifically, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN),” an official assertion said.

The scheme was released to offer revenue help to all landholding farmers’ families throughout the region and enable them to satisfy expenses similar to agriculture as perfectly as domestic desires, it additional. “The Central Governing administration has currently unveiled extra than Rs 50,850 crores until now,” the ministry said.

Full selection of beneficiaries protected underneath the scheme is about 14 crore, centered on estimates of the Agriculture Census 2015-sixteen. As on February twenty this yr, 8.forty six crores farmer families have been offered the positive aspects.

The scheme is powerful from December 2018. The slash-off date for identification of beneficiaries with regard to their eligibility was February one, 2019. The entire responsibility of identification of beneficiaries rests with the condition /UT governments.

The scheme originally delivered revenue help to all compact and marginal farmers’ families throughout the region, keeping cultivable land up to two hectares. Even so, its ambit was afterwards expanded to deal with all farmer families in the region irrespective of the size of their land holdings.

Affluent farmers have been excluded from the scheme this kind of as revenue tax payers in final assessment yr, gurus like physicians, engineers, attorneys, chartered accountants and many others and pensioners pensioners drawing at the very least Rs 10,000 for each thirty day period (excluding MTS/Class IV/Team D staff members).

All instalments slipping thanks on or following December one, 2019 are currently being paid out only on the basis of Aadhaar authenticated bank facts of beneficiaries to assure authentic beneficiaries and steer clear of duplicity in payments, other than in Assam and Meghalaya other than the UTs of Jammu & Kashmir and Ladakh, which are exempted from this necessity until March this yr.