Union Government finally took a concrete step in the best interest of the farmers in the country before the 2019 Lok Sabha Elections.
In the union budget presented Today, Direct Income Transfer Scheme named as 'Pradhan Mantri Kisan Samman Nidhi' was announced. This scheme which is estimated to benefit 12 crore small and marginal farmers will come into effect from December 1st, 2018.
Annually Rs 6,000 will be deposited in the bank accounts of Farmers who have less than 2 hectares of land. This amount will be paid in three instalments. First Instalment will be disbursed before the Lok Sabha Polls. Second and Third Instalments would be paid post the elections and that too if NDA retains power.
As per the initial estimates, Pradhan Mantri Kisan Samman Nidhi costs government exchequer as much as Rs 75,000 crore.
In the union budget presented Today, Direct Income Transfer Scheme named as 'Pradhan Mantri Kisan Samman Nidhi' was announced. This scheme which is estimated to benefit 12 crore small and marginal farmers will come into effect from December 1st, 2018.
Annually Rs 6,000 will be deposited in the bank accounts of Farmers who have less than 2 hectares of land. This amount will be paid in three instalments. First Instalment will be disbursed before the Lok Sabha Polls. Second and Third Instalments would be paid post the elections and that too if NDA retains power.
As per the initial estimates, Pradhan Mantri Kisan Samman Nidhi costs government exchequer as much as Rs 75,000 crore.