PM KISAN Scheme Empowers 90 Lakh New Beneficiaries with Rs 3 Lakh Crore Benefits Transfer

Key Highlights

• PM-KISAN surpasses Rs 3 lakh crore milestone.
• COVID-19 support: Rs 1.75 lakh crores disbursed.
• Viksit Bharat Sankalp Yatra adds 90 lakh beneficiaries.
• Inclusive, efficient, and recognized by the World Bank.

The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme has reached a historic milestone, surpassing Rs 3 lakh crore in benefits for farmers nationwide. The 16th installment, released from Yavatmal, Maharashtra, is a significant achievement under Prime Minister Shri Narendra Modi's leadership.

PM-KISAN's Impact During COVID-19

Since its launch on February 2, 2019, PM-KISAN has been a crucial financial support system for eligible farmer families, providing Rs. 6000/- per year in three installments. During the COVID-19 pandemic, the scheme spent Rs 1.75 lakh crores, offering vital assistance to farmers in need.

Viksit Bharat Sankalp Yatra Adds 90 Lakh New Beneficiaries

The recent Viksit Bharat Sankalp Yatra campaign added 90 lakh new beneficiaries to PM-KISAN, emphasizing the scheme's inclusivity and commitment to reaching farmers in remote areas.

PM-KISAN's Acknowledgment and Digital Improvements

PM-KISAN's impact has gained recognition from organizations like the World Bank for its efficiency. Continuous digital improvements, including a 24x7 call facility and 'Kisan e-Mitra' voice-based AI chatbot, enhance transparency and assistance for farmers.

States and Center Collaborate for Farmers

PM-KISAN demonstrates successful cooperative federalism, with states handling farmer registrations and verifications while the central government provides 100% funding. The initiative prioritizes inclusivity, benefiting women farmers and over 85% of small and marginal farmers.

PM-KISAN Strengthens Indian Economy

As PM-KISAN continues empowering farmers, it reinforces the government's commitment to a productive and sustainable agriculture sector. Each milestone achieved strengthens the backbone of the Indian economy, uplifting those who contribute to the nation's food security.

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CMV360 Says

PM-KISAN's remarkable achievement of crossing Rs 3 lakh crore in benefits showcases its impactful role in supporting farmers across India. The scheme's inclusive approach, digital innovations, and cooperative federalism demonstrate a strong commitment to building a resilient and prosperous agricultural sector for the nation's well-being.