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Govt to release 19k crore under PM-Kisan: Narendra Modi

Under PM-KISAN, the government provides annual income support of ₹6,000 to every land-owning farmer with a valid enrolment

Updated on: Aug 4, 2021, 02:40:54 IST
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The Union government will disburse the next instalment of PM-Kisan, its cash transfer scheme for farmers, on August 9, totalling 19,000 crore to about 90 million farmers, an official with knowledge of the matter said.

Meanwhile, in a virtual interaction with the Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY) beneficiaries in Gujarat, PM Modi said that the scheme helped lakhs of poor people during the pandemic. (PTI)
Meanwhile, in a virtual interaction with the Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY) beneficiaries in Gujarat, PM Modi said that the scheme helped lakhs of poor people during the pandemic. (PTI)

Under PM-Kisan, the government provides annual income support of 6,000 to every land-owning farmer with a valid enrolment. The money is paid in three equal cash transfers of 2,000, once every four months. The scheme was launched on 24 February 2019.

In the last instalment paid in May this year, the government disbursed slightly over 19,000 crore to 90 million farm households. So far, the Union government has paid nearly 1.15 lakh crore under the scheme.

In reply to a parliamentary question last week, farm minister Narendra Tomar said that nearly 4.2 million people who were not eligible for payouts under the scheme were given 2,900 crore since the scheme’s roll-out. Tomar added that states, where ineligible people received money, have been asked to recover the amount according to guidelines in force.

States have to upload data to a centralised public finance management system, a platform that auto verifies bank accounts and checks biometric Aadhaar details of beneficiaries sent by states. These are then sent back to states for physical signatures.

Meanwhile, in a virtual interaction with the Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY) beneficiaries in Gujarat, Modi said that the scheme helped lakhs of poor people during the pandemic. “Since Independence, almost every government had talked about providing cheap food to the poor. The scope and budget of cheap ration schemes increased year after year, but the effect it should have had remained limited...,” he said.

Free ration was made available to more than 80 crore people under the scheme during the pandemic with an expenditure of more than 2 lakh crore, he said.

With inputs from Darshan Desai in Gujarat

 
ABOUT THE AUTHOR
Zia Haq

Zia Haq reports on public policy, economy and agriculture. Particularly interested in development economics and growth theories.

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