CA NeWs Beta*: PM Modi launches 75000crore Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)

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Sunday, February 24, 2019

PM Modi launches 75000crore Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)

Lucknow: Prime Minister Narendra Modi formally kicked off the implementation of Rs 75,000-crore Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme and distributed the
first instalment of Rs 2,000 to over one crore farmers during his visit to Gorakhpur and Prayagraj on Sunday.

During his visit to Gorakhpur, the hometown of UP CM Yogi Adityanath, Modi will also be attending the Kisan Sammelan apart from launching the PM Kisan Samman Nidhi Yojana, announced in this year’s Union Budget. The Kisan scheme, launched to address farm distress, guarantees Rs 6,000 annually to farmers with less than 2 hectares of land, in three instalments.


Taking a dig at the UPA government, Modi said: "Previous governments used to make farmers cry out for small benefits...they could never work for farmer's benefit. Our govt has worked for the poor and farmers...we have worked hard to ensure that every help is extended to farmers so that by 2022 they can double their income."

Modi announced that in the coming years more 75000cr will be transferred to the accounts of farmers with 5acres and less.


Charting details of the Kisan Scheme, Modi said that the first instalment of the cash transfer will be directly deposited to the bank accounts of farmers in the next few weeks. The state government has been assigned the role of bookkeeper here. They just have to submit the list of farmers in their states and the Government will ensure that money is transferred to their accounts. 

While openly attacking opposition ruled states, the Prime Minister issued a warning to those states haven't yet submitted their list of farmers, declaring that "if they don't submit the list then farmers in their states will destroy them." "You may be opposition parties but why do you have to play politics with farmers," he pleaded.

The PM will also be laying the foundation stone for several development projects in Gorakhpur before flying to Prayagraj at 1:30pm.

After reaching Prayagraj at 2.50pm, Modi is expected to take stock of arrangements besides other programmes at the Kumbh before flying back to Delhi at around 4:40pm.

Since the scheme was launched retrospectively from December 1, 2018, the first installment of Rs 2,000 is due within the current fiscal year ending March 31, 2019, few weeks before the Lok Sabha polls.

Chief secretary Anup Chandra Pandey has also reviewed the preparations for the proposed launch in Gorakhpur and has directed officials to upload the names of beneficiaries on the designated PM Kisan portal and Aadhaar seeding of their bank accounts so that they could get their money instantly at the inaugural ceremony. 

PM Modi was also scheduled to visit Amethi, the parliamentary constituency of Congress chief Rahul Gandhi on February 27 but the programme has now been postponed.

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