PM Modi launches PM-KISAN, Releases Rs 2,000 to over 1cr farmers each

Gorakhpur: Prime Minister Narendra Modi has reached Gorakhpur, on Sunday, where he launched the Rs. 75,000-crore Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme with the release of the first installment of Rs. 2,000 each to over one crore farmers, as per sources. After attending 2 hour long program, he will depart for the Prayagraj at 1:30.

PM Modi also addressed a public rally in the city and has now left for Praygraj, where he will take a dip in the holy confluence of the Triveni. Modi is also scheduled to address a public rally in Kumbh till 4:30 pm.

Highlights of the event:

- A number of efforts are being made to the farmers to get fair prices of produce and lower their costs : PM Modi

-This will give the farmers the option to sell their produce online in any market in the country directly : PM Modi

-It is our government which meets the years old demand of farmers at Maximum Selling Price. PM Modi

-More than 50% of the support price cost of 22 Rabi and Kharif crops has been fixed.

-Prime crop insurance scheme to save farmers from weathering has also been created.

-Our government is spending about Rs. 1 lakh crore on the Pradhan Mantri Krishi irrigation scheme: PM Modi

-We had selected 99 projects across the country from which more than 70 are now coming into being completed: PM Modi

-"This is just the beginning. Every year, an approximate amount of Rs 75,000 crore will be directly put in the farmers' bank accounts": PM Modi

-PM addresses farmers in Gorakhpur

-I am told that the farmers of 21 states-Union territories of the country are involved.

This is just the beginning.

-Under the scheme, nearly 75 thousand crore rupees are directly accessible to farmers ' accounts every year.

-The 12 crore small farmers in the country who have 5 acres or less land will benefit from it.

Farmers who have not received the first installment today will get the first installment amount in the coming weeks.

-The PM-Kisan money that will be given to farmers will be given on behalf of the central government.

-State governments to send list of farmers who avail this scheme to central government

-Prime Minister Narendra Modi today launched the Rs. 75,000 crore Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in Uttar Pradesh's Gorakhpur by transferring the first instalment of Rs. 2,000 each to over one crore farmers.

-PM Modi launches Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme.

The centre, in the interim Budget 2019-20 had announced the PM-KISAN scheme, under which Rs. 6,000 will be paid to 12 crore small and marginal farmers holding cultivable land of up to two hectares per year in three installments. Another one crore farmers are to be covered in the next two to three days.

"Tomorrow is a historic day! The Pradhan Mantri Kisan Samman Nidhi will be launched from Gorakhpur. This is a scheme that will give wings to the aspirations of crores of hardworking farmers of India who feed our nation," the Prime Minister said in a tweet.

Tomorrow is a historic day! The Pradhan Mantri Kisan Samman Nidhi will be launched from Gorakhpur. This is a scheme that will give wings to the aspirations of crores of hardworking farmers of India who feed our nation.

— Narendra Modi (@narendramodi) February 23, 2019

Opposition, however, alleges that such schemes are launched just few days before the upcoming Lok Sabha elections so that BJP can be benefited by them in the Polls. Congress president Rahul Gandhi, claimed that the money translates to a paltry Rs. 3.3 a day per person for a family of five.

The scheme, nevertheless is seen as a part of the government's effort to address farm distress caused by lower sales of foodgrain, oilseeds, sugarcane, cotton and horticulture crops.

The funds will be electronically transferred to the bank accounts of beneficiaries through a pattern similar to MGNREGS.