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Prime Minister Modi releases 12th Installment of Rs 16,000 crore under Kisan Samman Nidhi Yojana

Addressing a gathering at Mela Ground IARI Pusa, New Delhi, Prime Minister Narendra Modi hailed his government's policy to reform agriculture sector.

Raju Kumar Edited By: Raju Kumar @rajudelhi123 New Delhi Updated on: October 17, 2022 13:14 IST
The fund will be a gift for farmers just ahead of festival.
Image Source : AP/FILE The fund will be a gift for farmers just ahead of festival.

PM Kisan Samman Sammelan 2022: Prime Minister Narendra Modi on Monday releases PM Kisan Samman Nidhi Yojana 12th Installment of Rs 16,000 crore on Mela Ground IARI Pusa, New Delhi. 

"We are giving importance to drip irrigation and use of sprinklers to conserve water and maintain soil health. We have also given utter importance to natural farming which has led to a multi-fold increase in production," PM Modi while addressing a gathering on Mela Ground IARI in Delhi. 

The PM Kisan installment have been credited Rs 2,000 to 11 crore eligible farmers under the flagship PM-KISAN scheme, ahead of Diwali and ongoing rabi sowing.

With this, the total amount transferred to the beneficiaries is expected to cross Rs 2.16 lakh crore. Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), eligible farmers are provided with a financial benefit of Rs 6,000 per year in three equal instalments of Rs 2,000 each every four months.

The fund is directly transferred to the bank accounts of the beneficiaries. The scheme was launched in February 2019 but is being implemented with effect from December 2018. The Prime Minister released the 12th instalment at a two-day event "PM Kisan Samman Sammelan 2022" being held at the Pusa campus in the national capital. 

Union Agriculture Minister Narendra Singh Tomar and Chemicals & Fertilisers Minister Mansukh Mandaviya were also present at the programme. More than 13,500 farmers from across the country and around 1,500 Agri-startups are participating in the event. Researchers, policymakers and other stakeholders too are attending the event. PM-KISAN is a central sector scheme with 100 per cent funding from the central government. The state government and UT administration identify the farmer families that are eligible for support as per scheme guidelines.

The following categories of beneificiaries of higher economic status shall not be elligible for benefit under the scheme-

1 All Institutional Land holders.

2 Farmer families which belong to one or more of the following categories:

  • i) Former and present holders of constitutional posts
  • ii) Former and present Ministers/ State Ministers and former/present Members of LokSabha/ RajyaSabha/ State Legislative Assemblies/ State Legislative Councils,former and present Mayors of Municipal Corporations, former and present Chairpersons of District Panchayats.
  • iii) All serving or retired officers and employees of Central/ State Government Ministries /Offices/Departments and its field units Central or State PSEs and Attached offices /Autonomous Institutions under Government as well as regular employees of the Local Bodies
  • (Excluding Multi Tasking Staff /Class IV/Group D employees)
  • vi) All superannuated/retired pensioners whose monthly pension is Rs.10,000/-or more
  • (Excluding Multi Tasking Staff / Class IV/Group D employees) of above category
  • v) All Persons who paid Income Tax in last assessment year
  • vi) Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects registered with Professional bodies and carrying out the profession by undertaking practices. 

(With PTI input)

Also Read: PM Modi to launch PMJAY-MA Yojana Ayushman cards distribution in Gujarat today 

 

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