-TheWire.in The scheme is far from being inclusive and will likely exacerbate already unequal social and economic conditions. The focal point of this year’s budget has been the announcement of a new centrally-sponsored scheme, the ‘Pradhan Mantri Kishan Samman Nidhi’ (PM-KISAN). This scheme assures small and marginal farm households a guaranteed annual income support of Rs 6,000. However, this scheme is hardly the first instance of agricultural income support in the country. States...
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A drop in an ocean of debt: how farmers have benefited from Rythu Bandhu -Priscilla Jebaraj
-The Hindu The first transfer of money under the PM-KISAN scheme is scheduled for Sunday. Priscilla Jebaraj reports from villages in Warangal, Telangana on how farmers have benefited from Rythu Bandhu, the income support scheme seen as the inspiration behind PM-KISAN Early one morning in the second week of February this year, A. Kumaraswamy, 30, set out from his home in Devanoor village in Telangana’s Warangal district and walked towards his cotton...
More »PM Fasal Bima Yojana is suffering from low coverage since the last 2 years
The budgetary allocation for Pradhan Mantri Fasal Bima Yojana (PMFBY) as a proportion of total budgetary expenditure has been reduced marginally during the Interim Budget 2019-20. It may have happened because the coverage of gross cropped area under the scheme could not keep pace with the target that was set during the last two years. The Status of Implementation of Budget Announcements 2017-18, which was presented during the Union Budget 2018-19,...
More »PM-KISAN to provide multiple benefits to farmers: CEA
-PTI The average income of farmers in FY16 was about Rs. 30,000 and, hence, Rs. 6,000 would be 20 per cent Farm income support scheme PM-KISAN will provide multiple benefits to farmers, including improving their credit worthiness, said Chief Economic Adviser K V Subramanian. The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) was announced in the Interim Budget 2019-20, under which Rs. 6,000 will be given in three instalments to 12 crore small...
More »PM Kisan Yojna: Small, marginal farmers to get Rs 4,000 by early April
-The Indian Express The Centre plans to transfer Rs 4,000 to small and marginal farmers under the PM-Kisan scheme by the first week of April, well before the Lok Sabha polls start. The transfer of Rs 2,000 to the bank accounts of farmers will commence from February 24 under the income support scheme and preparations are on to cover as high as 1 crore farmers on the first day of the...
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