Gift of the harvest festival: PM to give Rs 12,000 crore to 6 crore farmers today

NEW DELHI: giving the much needed momentum to the current Center '' (PM-Kisan), Prime Minister Narendra Modi On Thursday, he will pay Rs 12,000 crore to 6 crore farmers by electronic transfer at an event in Tumkur, Karnataka.

The measure will help to get 2,000 rupees each before the harvest festivals such as Makar Sankranti, Lohri, Bihu and Pongal, which are held in January in different parts of the country.

The payment, the third part of the current financial year, will be made directly to the bank accounts of the beneficiaries at one time, as did the prime minister in the launch of the scheme 'PM-Kisan' (Pradhan Mantri Kisan Samman Nidhi) in February 24, 2019. More than Rs 2 billion rupees were transferred to bank accounts of more than 1.01 million farmers at their launch event in Gorakhpur, Uttar Pradesh.

Although the disbursement on Thursday will not be able to cover the delay of the first two deliveries of the current financial year, it will undoubtedly give an additional boost to the scheme that failed to meet its objective of the first delivery in July and the second delivery in November despite having taken off quite well during the last quarter of 2018-19.

Despite obtaining a list of about 9.2 million beneficiaries verified by crore (eligible landowner farmers), the Ministry of Agriculture could transfer the first installment (from Rs 2,000 each) of the current financial year to 7.46 million crore and the second installment to 5.96 million crore as of December 31, 2019.

According to the scheme, almost 14.5 million crore farmers, with some exclusion, are eligible to obtain Rs 6,000 per year in three equal installments of Rs 2,000 each in a financial year. Previously it was intended only for marginal and small farmers (with a tenure of up to five acres), but the scheme expanded under Modi 2.0 covering all farmers, regardless of the size of their land. This scheme is not intended for landless farmers or sharecroppers ().

The analysis of the list of verified beneficiaries and the disbursement of amounts shows that states such as Punjab, Haryana, Andhra Pradesh, Uttar Pradesh, Gujarat, Telangana, Himachal Pradesh, Chhattisgarh, Kerala and Odisha were among the top 10 artists, while Bengal Occidental was listed in the As it continues to stay out of the plan, it denies more than 72 lakh of its farmers the benefits of Prime Minister Kisan.

Although a couple of states/territories governed by the opposition, such as Madhya Pradesh, Rajasthan and Delhi had shown reluctance to join the plan after its launch in February last year, they also joined it and began intensifying their efforts to verify and share the list of beneficiaries with the Ministry of Agriculture during the second tenure of the Modi government.

In the Tumkur event, the Prime Minister will also hand over the keys of the 'Deep Sea Fishing' and 'Fishing Vessel Transponders' ships to select the Tamil Nadu farmers and distribute 'Kisan Credit Cards' (KCC) to select the farmers from Karnataka. The Union Minister of Agriculture, Narendra Singh Tomar, and the Minister of Agriculture, Kailash Choudhary, will also attend the event.