Note4Students
From UPSC perspective, the following things are important :
Prelims level: PM-KISAN Scheme
Why in the News?
Prime Minister has approved the 17th instalment of the PM Kisan scheme. This move will benefit 9.3 crore farmers, amounting to a distribution of approximately Rs 20,000 crore.
About the PM-KISAN Scheme
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Significance for Farmers
- 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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