Note4Students
From UPSC perspective, the following things are important :
Prelims level: PM-KISAN, Rythu Bandhu Scheme
Why in the News?
The Prime Minister will release the 17th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), amounting to over ₹20,000 crore, for 92.6 million beneficiary farmers across the country.
About the PM-KISAN Scheme
- The PM-KISAN is a Central Sector Scheme with 100% funding from the Government of India.
- It is being implemented by the Ministry of Agriculture and Farmer’s Welfare.
- Launched: In February 2019.
- Aim: To help procure various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income at the end of each crop cycle.
- Objective: To provide eligible farmers with an annual financial assistance of ₹6,000.
- This assistance is distributed in three equal instalments of ₹2,000 each every 4 months, via Direct Benefit Transfer (DBT) into beneficiaries’ bank accounts.
- Beneficiaries:
- Farmer families that hold cultivable land can apply for the benefits of this plan.
- Small and Marginal Farmers (SMFs) (a farmer who owns cultivable land up to 2 hectare as per land records of the concerned State/UT.).
- The entire responsibility of identification of beneficiary farmer families rests with the State / UT Governments.
Do you know?The PM-KISAN scheme was first conceived and implemented by the government of Telangana as the Rythu Bandhu scheme. Rythu Bandhu Scheme
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Impact of the Scheme
- Beneficiaries outreach: Over 11 crore farmers (with more than 3 crore women farmers) across the country have availed of the PM-Kisan scheme, indicating its widespread reach and impact.
- Financial Support: This financial aid helps farmers meet their agricultural expenses, purchase seeds, fertilizers, and other inputs, and support their families’ livelihoods.
- Improved Agricultural Practices: This contributes to food security and boosts the agricultural sector’s growth.
- Poverty Alleviation: The scheme plays a crucial role in alleviating poverty among small and marginal farmers by providing them with a steady source of income just like Universal Basic Income (UBI).
- Enhanced Livelihoods: PM-Kisan supports farmers’ livelihoods, by providing a safety net during times of agricultural distress or economic uncertainties, ensuring a better quality of life for rural communities.
PYQ:[2020] Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes?
Select the correct answer using the code given below: (a) 1, 2 and 5 only (b) 1, 3 and 4 only (c) 2, 3, 4 and 5 only (d) 1, 2, 4 and 5 |
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