PM Modi launches Rs 75,000 cr PM-KISAN scheme in Gorakhpur; chants ‘Jai jawan, Jai kisan’

In the interim Budget 2019-20, the central government had announced the PM-KISAN scheme under which Rs 6,000 per year will be given in three instalments to 12 crore small and marginal farmers holding cultivable land up to two hectares.

PM Modi distributed cheques to farmers.

New Delhi: Prime Minister Narendra Modi on Sunday launched the Rs 75,000-crore Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme from Gorakhpur in Uttar Pradesh, by transferring the first instalment of Rs 2,000 each to over one crore farmers. Another one crore farmers will be covered in the next 2-3 days, a senior agriculture ministry official said. PM Narendra Modi rolled the scheme from the Fertilizer Corporation of India ground by pressing a button to electronically transfer the first instalment of Rs 2,000 to selected farmers. He also distributed cheques to farmers. PM chanted ‘Jai jawan, jai kisan,’ after launching KISAN income scheme. UP CM Yogi Adityanath was also present at the event.

Prime Minister Narendra Modi digitally launches Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), a cash-transfer scheme, in Gorakhpur. UP CM Yogi Adityanath present pic.twitter.com/igE1A1PuMZ

— ANI UP (@ANINewsUP) February 24, 2019

In the interim Budget 2019-20, the central government had announced the PM-KISAN scheme under which Rs 6,000 per year will be given in three instalments to 12 crore small and marginal farmers holding cultivable land up to two hectares. The amount will be transferred directly to the bank account of the beneficiaries through Direct Benefit Transfer. DBT will ensure transparency in the entire process and will save time for the farmers. The prime minister had earlier in a tweet said, "Tomorrow is a historic day! The Pradhan Mantri Kisan Samman Nidhi will be launched from Gorakhpur. This is a scheme that will give wings to the aspirations of crores of hardworking farmers of India who feed our nation." He further said that "tomorrow's launch of PM Kisan Samman Nidhi demonstrates two things: NDA's unwavering commitment to farmer welfare and speedy decision making -- a scheme announced on 1st February has become a reality in such a short span. This is the new work culture of New India". The scheme has been made effective from this fiscal itself and as a result, farmers would get one instalment before March-end. This programme is part of the government's effort to address farm sector distress, caused by lower sales realisation on bumper production of foodgrains, oilseeds, sugarcane, cotton and horticulture crops. "To provide an assured income support to the small and marginal farmers, the government is launching the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)," the Union agriculture ministry said in an official statement on Saturday. The ministry in its statement did not mention the number of farmers who will get their first instalment of Rs 2,000 on Sunday. However, the senior official said over one crore farmers from 14 states, including UP and Karnataka, will get their first instalment on Sunday and one crore more beneficiaries, spread over 28 states and one UT, would get their instalment in the next 2-3 days. Explaining the modalities of cash dole, the ministry said this income support will be transferred directly into the bank accounts of beneficiary farmers, in three equal instalments of Rs 2,000 each. "The Centre will transfer the amount to the bank account of the beneficiaries through State Notional Account. For transfer of benefit, district-wise beneficiaries' list has to be certified and uploaded by the states/UTs on the PM-KISAN portal of the central government," it added. The funds would be electronically transferred to the beneficiary's bank account by the Centre through State Notional Account on a pattern similar to MGNREGS. "PM-KISAN would not only provide assured supplemental income to the most vulnerable farmer families, but would also meet their emergent needs especially before the harvest season. PM-KISAN would pave the way for the farmers to earn and live a respectable living," the statement said. A small and marginal landholder farmer family for the purpose of the calculation of the benefit has been defined as "a family comprising of husband, wife and minor children (up to 18 years of age) who collectively own cultivable land up to 2 hectare as per land records of the concerned State/UT". The existing land-ownership system in the concerned states/UTs will be used for identification of beneficiaries. Those whose names appear in land records as on February 1, 2019, are eligible for benefit. (With inputs from PTI)