The procurement is undertaken by nodal agencies like Nafed at minimum support price (MSP). Only fair average quality commodity is purchased under the scheme.
Under the PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) scheme, each farmer gets Rs 6,000 in a year in three equal installments directly in bank account.
In order to give immediate relief to farmers affected by the nationwide lockdown, the government had on March 27 promised to transfer the first installment of Rs 2,000 to each of 8.69 crore beneficiaries under the scheme, in the first week of April.
Launching the mobile app, Tomar said this has been developed to broaden the reach of the scheme, which is playing an important role in achieving the target of doubling farmers income by 2022.
Since the general elections, the agriculture sector has taken a back seat as the economy has itself touched new lows
Under PM-Kisan scheme, the government is providing Rs 6,000 per annum in three equal installments to 14 crore farmers. The amount is directly transferred into the bank accounts of beneficiaries.
The decision to reduce the Kalia assistance was taken after the Odisha government merged the Kalia scheme with the Centres Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), launched in February 2019, they said.
Against the initial projection of 14.5 beneficiaries, only 50 percent – 7.26 crore farmers – have benefited from the scheme so far
The government has not shown any serious intent to undertake major reforms in agriculture sector. Till then, it seems unlikely that the central and state governments will be able to discontinue any of the direct income support schemes.
The decision was taken in the meeting of the Cabinet Committee on Economic Affairs, headed by Prime Minister Narendra Modi.
The Ministry has notified states that farmers will now be allowed to directly enrol for the scheme by self-declaring landholdings
Initially, the scheme was designed to cover an estimated 12.5 crore small and marginal farmers holding land up to 2 hectares.
Stating that many states have rolled out the scheme, Minister of State for Agriculture Parshottam Rupala urged the West Bengal and Delhi governments to implement the scheme at the earliest and ensure benefits reach farmers.
The government must create a balance between keeping the consumer prices under check and ensuring remunerative prices to all farmers.
Making PM-KISAN universal will solve the identification problem to an extent and make its implementation easier.
On the ground, farming operations cannot be carried out without agricultural labour. Neither PM-Kisan nor the pension scheme has anything for them.
The extension of the scheme was announced on May 31 when the two-hectare cap was removed
At a press conference held at the BJP headquarters here, president of the party's farmer wing Virendra Singh Mast said his outfit is organising district-level programmes across the county to thank Prime Minister Narendra Modi.
Nafed and other agencies are sitting over 35 lakh tonnes of pulses procured over the last three years.
The government had scheduled a press conference to announce the H1 borrowing calendar for FY 20, but cancelled it at the last moment because of the model code of conduct
Prime Minister Narendra Modi on February 24 will launch the Rs 75,000-crore Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in Gorakhpur, Uttar Pradesh, by transferring the first instalment of Rs 2,000 each to over one crore farmers.
Prime Minister Narendra Modi will formally launch the scheme at a farmers' rally in Gorakhpur, Uttar Pradesh, on February 24.
The design of the scheme is incongruous with the objective of supporting low income farmers, and even in states with decent land record systems, it is incapable of implementation without significant leakages.
Sakshi Batra gets in conversation with Gaurav Choudhury, Deputy Executive Editor, Moneycontrol, to discuss the feasibility of farm relief package.