9911796707
TMI BlogPradhan Mantri Kisan Samman Nidhi announced to provide assured income support to small and marginal farmersX X X X Extracts X X X X X X X X Extracts X X X X ..... Pradhan Mantri Kisan Samman Nidhi announced to provide assured income support to small and marginal farmers X X X X Extracts X X X X X X X X Extracts X X X X ..... er year Around 12 Crore small and marginal farmer families are expected to benefit Posted On: 01 FEB 2019 1:47PM by PIB Delhi To provide an assured income support to the small and marginal farmers, the Government is launching the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN). While presenting the Interim Budget 2019-20 in Parliament today the Union Minister for Finance, Corporate Affairs, Railwa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ys & Coal, Shri Piyush Goyal said, "Under this programme, vulnerable landholding farmer families, having cultivable land upto 2 hectares, will be provided direct income support at the rate of ₹ 6,000 per year. This income support will be transferred directly into the bank accounts of beneficiary farmers, in three equal instalments of ₹ 2,000 each. This programme will be funded by Gover ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nment of India. Around 12 crore small and marginal farmer families are expected to benefit from this. The programme would be made effective from 1st December 2018 and the first installment for the period upto 31st March 2019 would be paid during this year itself. This programme will entail an annual expenditure of ₹ 75,000 crore". PM-KISAN would not only provide assured supplemental income t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o 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. Rashtriya Gokul Mission Regarding Animal Husbandry the Minister said, "I have increased the allocation for Rashtriya Gokul Mission to ₹ 750 crore in the current year itself. I announce settin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g up of "Rashtriya Kamdhenu Aayog" to upscale sustainable genetic upgradation of cow resources and to enhance production and productivity of cows. The Aayog will also look after effective implementation of laws and welfare schemes for cows." Department of Fisheries To provide sustained and focused attention towards development of fisheries sector, the Government has decided to create a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... separate Department of Fisheries. The Minister said, "In the last Budget, our Government announced the facility of extension of Kisan Credit Card scheme (KCC) to Animal Husbandry and Fisheries farmers. Now, I propose to provide the benefit of 2% interest subvention to the farmers pursuing the activities of animal husbandry and fisheries, who avail loan through Kisan Credit Card. Further, in case ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of timely repayment of loan, they will also get an additional 3% interest subvention." Crop Loans When natural calamities strike, farmers are generally unable to repay their crop loans. The Finance Minister said, "Presently, the crop loans are rescheduled for such affected farmers and they get benefit of interest subvention of 2% only for the first year of the rescheduled loan. Our Government ha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s now decided that all farmers affected by severe natural calamities, where assistance is provided from National Disaster Relief Fund (NDRF), will be provided the benefit of interest subvention of 2% and prompt repayment incentive of 3% for the entire period of reschedulement of their loans."
***
GG/DSM/RM/APS/RS X X X X Extracts X X X X X X X X Extracts X X X X
|
