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On 24 February 2019, Narendra Modi launched the scheme in Gorakhpur, Uttar Pradesh, by transferring the first instalment of ₹2,000 each to over one crore farmers. [12] [13] Ministry of Agriculture and Farmers Welfare has awarded the top-performing states, and districts under PM Kisan Samman Nidhi Yojana. [14]
(PMMSY, PM Fish Resources Scheme) CSS MoFAHD: 2020 Fisheries Nationwide welfare measures for farmers in the fisheries sector. For the period 2020-2024 estimated allocation of ₹ 20,050 crore (equivalent to ₹ 220 billion or US$2.6 billion in 2023) for implementation. [29] PM Kisan Samman Nidhi (PM KISAN, PM Farmer's Tribute Fund) CS MoF: 2019 ...
The Prime Minister Kisan Samman Nidhi Scheme or PM Kisan is a type of basic income scheme under which all farmers (subject to some exclusion criteria) are provided an annual income of Rs. 6000 in three installments of Rs. 2000 each, directly into their bank account. Initially, farmers with less than 2 hectares of land were eligible for the ...
The Prime Minister's Farmer Income Protection Scheme ... a Price Deficiency Payment Scheme (PDPS) and a Private Procurement & Stockist Scheme (PPPS). [2] [3] [4]
The Kisan Credit Card (KCC) scheme is a credit scheme introduced in August 1998 by Indian public sector banks to issue kisan credit card to the farmers of India.This model scheme was prepared by the National Bank for Agriculture and Rural Development (NABARD) on the recommendations of the R. V. Gupta Committee [1] to provide advances for agricultural needs.
The total cost included in this scheme is divided into three categories in which the government will help the farmers. [5] The government will provide a 60% subsidy to the farmers, and 30% of the cost will be given by the government in the form of a loan. Farmers will only have to pay 10% of the total cost of the project.
The Pradhan Mantri fasal bima yojana (PMFBY) launched on 18 February 2016 by Prime Minister Narendra Modi is an insurance service for farmers for their yields. [1] It was formulated in line with One Nation–One Scheme theme by replacing earlier two schemes Agricultural insurance in India#National Agriculture Insurance Scheme and Modified National Agricultural Insurance Scheme by incorporating ...
The budget of ₹ 53 billion (US$610 million) in a time span of one year 2015-2016 has been allocated to this scheme. [2] The decision was taken on 1 July 2015 at the meeting of Cabinet Committee on Economic Affairs, approved with an outlay of 50000 crore for period of 5 years (2015-16 to 2019-20).