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Business News/ News / India12,000 cr deposited in the account of 6 crore farmers: PM Modi
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₹12,000 cr deposited in the account of 6 crore farmers: PM Modi

'Today, under the Pradhan Mantri Kisan Samman Nidhi, money has been deposited in the account of the eighth crore farmer,' Modi said in Karnataka's Tumakuru district
  • Under the scheme, income support of ₹6,000 per year is provided to the farmer families in three equal instalments of ₹2,000 each every four months.
  • Prime Minister Narendra Modi presents an award to a farmer after he approved a proposal to extend the benefit of ₹6,000 per year under the PM-KISAN scheme to all farmers in the country, during his address to a gathering, at Tumakuru district. Karnataka Chief Minister B.S. Yediyurappa is also seen (Photo: PTI)Premium
    Prime Minister Narendra Modi presents an award to a farmer after he approved a proposal to extend the benefit of 6,000 per year under the PM-KISAN scheme to all farmers in the country, during his address to a gathering, at Tumakuru district. Karnataka Chief Minister B.S. Yediyurappa is also seen (Photo: PTI)

    Tumakuru: Prime Minister Narendra Modi on Thursday accused states which have not implemented Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) of doing "politics" and said such political mindset has hurt farmers for a long time.

    Addressing a public gathering here, Modi said efforts were being made to identify specific products from every block and district and add to its value.

    He said distinct identity of these products will ensure an increase in their export value.

    "I hope that in the New Year, all the states that have not implemented the Pradhan Mantri Kisan Samman Nidhi Yojana will do it. I hope they rise over politics to help the farmers in their states. This political mindset has hurt the benefits of farmers for a long time," he said.

    Under the Pradhan Mantri Kisan Samman Nidhi Yojana, income support of 6,000 per year is provided to the farmer families in three equal instalments of 2,000 each every four months.

    "Today, under the Pradhan Mantri Kisan Samman Nidhi, money has been deposited in the account of the eighth crore farmer. Also, today in this programme, a total of 12,000 crore has been deposited in the account of six crore farmer families across the country," Modi said.

    "There was a time in this country when a major part of the money sent for the poor people by the government was eaten up by the middlemen. Today, all the money is being directly transferred to the bank accounts of the poor and farmers," he added.

    Modi distributed Krishi Karman Awards and said the government was making constant efforts to improve the condition of farmers.

    "Irrigation schemes stuck for decades, soil health cards and all other schemes were taken keeping the welfare of farmers in mind. Our government also increased the Minimum Support Price (MSP) 1.5 times, in line with the demands of the farmers of the country," he said.

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    This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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    Published: 02 Jan 2020, 06:20 PM IST
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