BREAKING NEWS
New Credit Card Rules from September, 2024: Updates on FDs, Aadhaar etc. New Credit Card Rules from September, 2024: Updates... After CCI, NCLT gives green light to Viacom 18-Star India INR 70,000 Cr Merger After CCI, NCLT gives green light to Viacom... Sovereign Gold Bonds Vs. Physical Gold: Which Is the Ultimate Investment Strategy for You? Sovereign Gold Bonds Vs. Physical Gold: Which Is... Simple Energy Secures USD 20 Million to Supercharge E-Scooter Production and Transform EV Market Simple Energy Secures USD 20 Million to Supercharge... The Power of Systematic Transfer Plans (STP) Over SIPs for Smarter Wealth Growth: Know How to Maximize Your Wealth The Power of Systematic Transfer Plans (STP) Over... ITC to Invest INR 20,000 Crore in India’s Growth: New Products, Market Expansion and Strategic Innovation ITC to Invest INR 20,000 Crore in India’s... ONDC Surpasses 5.7 Lakh Sellers: Rapid Growth and Expanding Digital Commerce Network in India ONDC Surpasses 5.7 Lakh Sellers: Rapid Growth and... 71% Intraday Traders Lose Money And 76% Under 30 Face High Loss Rates: Check What Else This New Study By SEBI Says For FY23 71% Intraday Traders Lose Money And 76% Under... Special Packages to Boost Bihar and Andhra Pradesh: Check How Budget 2024 is Strengthening its Key Allies Special Packages to Boost Bihar and Andhra Pradesh:... Union Budget 2024: An INR 1.52 Lakh Crore Boost for Agriculture and Sustainable Farming Practices Union Budget 2024: An INR 1.52 Lakh Crore...

PM Narendra Modi released 17th installment of PM Kisan Scheme on Tuesday

PM Narendra Modi announced the most recent instalment of the PM-KISAN initiative on Tuesday in Varanasi constituency. More than 110 million farmers have been helped through distribution of more than INR 3.04 trillion so far.

Advertisement
PM Narendra Modi released 17th installment of PM Kisan Scheme on Tuesday

PM Narendra Modi announced17th instalment of PM-Kisan initiative on Tuesday

Prime Minister Narendra Modi, unveiled the most recent installment of the PM KISAN Scheme for agriculture. This announcement was made in his Varanasi constituency on Tuesday. 

Variations in the climate, inadequate infrastructure, unemployment, pressure on land, and poverty all exacerbate the suffering of farmers. At the same time, the sector is crucial for food security in addition to employing a large section of the Indian population (more than 70% of rural families rely largely on agricultural income).

Also Read | PM Modi in Italy: Check Out the World Leaders he met at the G7 Summit

UP CM, Union Agriculture Minister present at event

Yogi Adityanath, the CM of Uttar Pradesh, Shivraj Singh Chouhan, the recently appointed minister of agriculture for the Union, and farmers from agricultural cooperatives, Krishi Vigyan Kendras (KVKs), and Common Service Centers were present for the announcement on Tuesday.

Informational seminars on climate-resilient farming, ethical farming methods, industry technology developments, and the logistical and technical components of the PM-KISAN program were also discussed. 

Krishi Sakhi 

The 17th installment would see the establishment of Krishi Sakhi women’s self-help groups. This was done through the issuance of certifications to over 30,000 SHGs functioning as agricultural para-extension workers. Moreover, provision of estimated benefits of over INR 20,000 crore to over 92 million farmers was ensured. The program aims to revive the flagging farm industry. 

In light of their trusted community status, certificates were given to locally trained Krishi Sakhis (of whom there are currently over 34,000 certified out of 70,000). These Krishi Sakhis were specifically trained as agricultural para-extension workers, assisting and advising farmers in a variety of agricultural practices.

Also read | Suzlon Wins 103.95 MW Wind Project in Rajasthan: To power 85,000 households

Scheme intends to increase farmers’ income

The original plan was an effort to help landholding farmers (apart from those with greater incomes) meet their financial obligations. Up until now, the system has included giving farmers and their families INR 6,000 a year in three equal instalments over the course of the year through Direct Benefit Transfer (DBT). More than 110 million farmers have received payments. The total amount distributed is more than INR 3.04 trillion till now. 


About the Author

Manasi Gawali is an economics graduate from St. Xavier’s College, Mumbai. She is passionate about economics and finance. She enjoys research, writing poems, music, and travel.

About the Author

Other Articles: 204

GMT News Desk

GMT News Desk

The proposed entity has its fair share of challenges ahead of it. The Indian media market is constantly changing, and the new entity will have to adapt accordingly. Besides that, it also faces stringent competition from other media giants like Netflix and Sony, which recently cancelled its own ambitious merger with Zee.

Similar News