Budget 2021: Gift to farmers likely in form of PM Kisan Scheme

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    Spending Plan 2021: Present to farmers likely in type of PM Kisan Plan

    It is quite likely that the central government can increase the present yearly installment of Rs 6000 under the Kisan Samman Nidhi scheme


    Farmers' protest

    Upgraded: Jan 9, 2021, 03: 58 PM IST

    On February 1, Financing Minister Nirmala Sitharaman will present the budget for the financial year 2021-22 Preparations for it has begun. In such a circumstance, the entire focus of the federal government is on the farmers. Due to the 3 agrarian laws, the federal government can make many big statements in the interest of farmers in the spending plan amid the farmers’ motion at the Delhi border.

    It is rather most likely that the main government can increase the current annual installation of Rs 6000 under the Kisan Samman Nidhi plan. In this budget plan, the farmers have required more from the government, stating that this quantity is insufficient for farming and must be increased. The spending plan quote (BE) for the fiscal year 2019-20 was around Rs 1.51 lakh crore, which increased to about Rs 1.54 lakh crore in the next monetary year 2020-21 Apart from this, the allotment for rural advancement has likewise been increased to Rs 1.44 lakh crore in 2020-21 as compared to about Rs 1.40 lakh crore in 2019-20 Under PM Agricultural Watering Plan, it has actually been increased from 9682 crores in 2019-20 to Rs 11,127 crore in 2020-21

    Rs 500 a month not adequate to meet expenses

    Farmers state that the amount gotten under the PM-Kisan scheme is Rs 500 each month, which is quite low. It takes about 3-3.5 thousand rupees to grow a paddy crop in 1 acre of land and about 2-2.5 thousand rupees is invested to grow the wheat crop. In such a scenario, for farmers with more land, 6 thousand rupees is not enough. In such a situation, the quantity ought to be increased so that the expenses can be satisfied.

    This plan was started in December 2018

    This plan was begun on December 1 2018 and under this, the main government offers Rs 6000 every year to the farmers’ account as an installation of 2 thousand rupees thrice a year. All farmers get this advantage. Under this plan, money is sent out to the account throughout the duration April-July, August-November, and December-March. According to the details given on the PM-Kisan Samman Nidhi site, there are 11.47 crore recipients of this plan.

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    India.
    ( the headline, this story has actually not been released by Crucial India News personnel and is published from a syndicated feed.).

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