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Prime Minister Narendra Modi at present transferred Rs 17,100 crores to the financial institution accounts of over 8.5 crore farmers as a part of the PM-KISAN scheme.
The quantity was a part of the sixth installment of the scheme launched in 2018. The authorities claims to have offered a direct money good thing about over Rs. 75,000 Crore to greater than 9.9 Crore farmers as a part of the scheme which was launched in December, 2018.
The announcement was made through the launch of a financing facility for agri-entrepreneurs, startups, agri-tech gamers and farmer teams for post-harvest administration and nurturing farm property.
The authorities has put aside Rs 1 lakh crore for the brand new Agriculture Infrastructure Fund to catalyze the creation of post-harvest administration infrastructure and neighborhood farming property equivalent to chilly storage, assortment centres, processing items, and many others.
Under the PM-KISAN scheme, every farmer receives as much as ₹ 6,000 per yr as minimal revenue assist and the scheme is completely funded by the central authorities.
Launched in December, 2018, the Pradhan Mantri Kisan Samman Nidhi Yojna (PM-KISAN) scheme has offered a direct money good thing about over Rs. 75,000 Crore to greater than 9.9 Crore farmers, as per the federal government.
The funds are being straight transferred into the Aadhaar authenticated beneficiaries’ checking account to forestall leakage and enhance comfort for farmers.
The scheme has additionally been instrumental in supporting farmers through the Covid-19 pandemic, by means of the discharge of almost Rs 22,000 Crore to assist the farmers through the lockdown interval, the federal government mentioned.
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