PM releases over Rs 20K cr below PM-KISAN; advantages attain Bengal farmers


Prime Minister Narendra Modi on Friday launched the eighth instalment of PM-KISAN revenue assist totalling over Rs 20,000 crore to 95 million farmers.


Beneath the scheme, a monetary advantage of Rs 6,000 per 12 months is transferred on to the financial institution accounts of eligible farmers, payable in three equal four-monthly instalments of Rs 2,000 every. The scheme was launched in February 2019 however was carried out with impact from December 2018.



Nonetheless, this was for the primary time that the advantages reached the farmers of West Bengal as about 703,000 of them obtained Rs 2,000 every.


“Right now, the primary instalment has reached the farmers of Bengal. Because the names of farmers from the state are obtained by the central authorities, the variety of beneficiary farmers will improve,” the prime minister mentioned after releasing the monetary profit at a digital occasion.


The scheme was not carried out in West Bengal as a result of the state authorities and the Centre had been at loggerheads over varied points, together with verified knowledge of farmers.


In an open letter to farmers on Friday, West Bengal Chief Minister Mamata Banerjee mentioned the choice to increase the advantages to farmers within the state was a results of her authorities’s “steady combat”. She accused the Centre of dilly-dallying over the switch of funds to beneficiaries within the state.


Quickly after successful the just-concluded meeting elections, Banerjee had shot off a letter to the Centre demanding the discharge of Rs 18,000 crore arrears to every eligible farmer from the state.


The Centre claims that to this point over Rs 135,000 crore has been transferred immediately into the financial institution accounts of over 100 million farmers because the scheme began. Agriculture Minister Narendra Singh Tomar, who was current on the event, mentioned his ministry was making all efforts to make sure 100 per cent saturation below PM-KISAN.


The PM mentioned the deadline for renewal of Kisan Credit score Playing cards has been prolonged until June 30 as a consequence of Covid-19.

Pricey Reader,

Enterprise Commonplace has all the time strived laborious to offer up-to-date info and commentary on developments which are of curiosity to you and have wider political and financial implications for the nation and the world. Your encouragement and fixed suggestions on find out how to enhance our providing have solely made our resolve and dedication to those beliefs stronger. Even throughout these tough occasions arising out of Covid-19, we proceed to stay dedicated to maintaining you knowledgeable and up to date with credible information, authoritative views and incisive commentary on topical problems with relevance.

We, nevertheless, have a request.

As we battle the financial impression of the pandemic, we want your assist much more, in order that we will proceed to give you extra high quality content material. Our subscription mannequin has seen an encouraging response from lots of you, who’ve subscribed to our on-line content material. Extra subscription to our on-line content material can solely assist us obtain the objectives of providing you even higher and extra related content material. We imagine in free, honest and credible journalism. Your assist by means of extra subscriptions will help us practise the journalism to which we’re dedicated.

Help high quality journalism and subscribe to Enterprise Commonplace.

Digital Editor


https://www.business-standard.com/article/economy-policy/pm-releases-over-rs-20k-cr-under-pm-kisan-benefits-reach-bengal-farmers-121051500048_1.html