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First Cabinet meet: All farmers to get Rs 6,000 a year under the expanded PM-Kisan scheme

Agriculture, farmers and farm labour Photograph:( Reuters )

WION Web Team New Delhi, Delhi, India May 31, 2019, 07.56 PM (IST)

The new Central government has approved a proposal to extend the benefit of Rs 6,000 per year under the PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) scheme to all farmers in the country.

The decision was taken in the first Cabinet meeting of the new NDA government, which came back to power, winning over 350 seats. In its manifesto for 2019 general elections, the BJP had promised to extend the scheme to all farmers.

A highly placed source said, "The Cabinet today approved the extension of the PM-KISAN scheme to all farmers".

The Rs 75,000 crore Pradhan Mantri Kisan Samman Siddhi (PMKSS) was announced in the interim budget, under which the government decided to provide Rs 6,000 per year (in three equal instalments) to an estimated 12 crore small and marginal farmers holding land up to 2 hectares.

Already, 3.11 crore small farmers have so far received the first tranche of Rs 2,000 each under the PM-Kisan scheme and 2.75 crore peasants have got the second instalment as well, as per the official data.

The Pradhan Mantri Kisan Samman Nidhi scheme also aims to supplement financial needs of farmers in procuring various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income at the end of each crop cycle.

(With inputs from PTI)

Story highlights

Already, 3.11 crore small farmers have so far received the first tranche of Rs 2,000 each under the PM-Kisan scheme and 2.75 crore peasants have got the second instalment as well, as per the official data.