PM-KISAN Beneficiaries Dwindling, Govt Adds 34 Lakhs In Special Drive

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PM-KISAN Beneficiaries Dwindling, Govt Adds 34 Lakhs In Special Drive

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La Excellence IAS Academy | December 28, 2023 | Economy



Syllabus: GS-III

Subject: Economy & Growth;

Topic: Issues related to direct and indirect farm subsidies.

Context: Beneficiaries dropped from 10.47 crore to 8.12 crore.

PM-Kisan Decline:

  • Reasons for Decline are attributed to new provisions like mandatory land seeding and Aadhaar linking.
  • Launched Viksit Bharat Sankalp Yatra to address the decline.
  • Uttar Pradesh leads with 8.50 lakh, followed by Rajasthan, Manipur, Jharkhand, and Maharashtra.
  • Government aims to surpass 8.75 crore beneficiaries by January 2024 (Before the Lok Sabha Elections).

Background:

PM-KISAN:

  • Launched on February 24, 2019, PM-KISAN is a central sector scheme facilitating direct financial assistance to land-holding farmers through direct benefit transfer (DBT).
  • Provide income support to eligible land-holding farmers and their families.
  • The Ministry of Agriculture and Farmers Welfare oversees implementation.
  • Financial assistance of Rs. 6000 per annum per family. Paid in three equal instalments of Rs. 2000 every four months.
  • Initially for Small and Marginal Farmers’ (SMF) families with landholding up to 2 hectares. Later expanded to include all farmer families, irrespective of landholding size.

Conclusion: PM-KISAN plays a crucial role in addressing the financial requirements of farmers and promoting sustainable agricultural practices.

Source: Indian Express

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