Prime Minister Narendra Modi virtually transferred 19500 crores to 9.75 crores farmers on Monday, under the pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme.
He also interacted with the beneficiaries of the scheme via video conferencing during the event.
With the latest installment, the government has so far transferred nine installments amounting to around lakh crore to farmer families under PM-KISAN.
Under the scheme, an annual direct cash transfer of Rs.6,000 will be deposit in a farmer’s bank account, in three equal four-monthly installments of 2000 each.
Along with direct cash deposit, the government has linked 2.28 crore PM-KISAN beneficiaries with Kisan credit cards under which they have been able to avail loans up to 2.32 lakh crore so far.
The Prime Minister talked about the role farmers are slated in the country’s future.“Where do we want to see India in the coming 25 years? When the country will complete 100 years of Independence what will the state of the country be? This will be decided by the farmers of this country,” he said, adding that farmers need to be given guidance and direction to tackle new challenges and make use of new changes.
Narender Singh tower, union minister of agriculture assured everyone that he is going to boost domestic production of edible oils and pulses without relying on imports.
Union ministers of state for agriculture Kailash Choudhary and Shobha karandlaje as well as agriculture secretary Sanjay Aggarwal was among state ministers and officials present at the event.
Bin farmers had also alleged that the government, passed a farm bill in Parliament could repeal the minimum support price for them on which their livelihood is based on.