PM Kisan Samman Nidhi, other schemes giving new strength to farmers: Modi
- IBEF
- April 11, 2022
PM Kisan Samman Nidhi and other agriculture-related programmes are bringing fresh vigour to crores of farmers across the country. Prime Minister Mr. Narendra Modi tweeted, "The country is proud of our farmers. The stronger they are, the more prosperous the new India will be. I am happy that PM Kisan Samman Nidhi and other schemes related to agriculture are giving new strength to crores of farmers of the country”
According to publicly available information, Rs. 1.82 lakh crore (US$ 23.96 billion) was directly sent to the bank accounts of 11.3 crore farmers. PM Kisan Samman Nidhi provided annual support of Rs. 6,000 (US$ 79) to all farmers, and during the Covid pandemic, Rs. 1.30 lakh crore (US$ 17.11 billion) was transferred, benefiting small farmers in particular.
A loan of Rs. 8,585 crore (US$ 1.13 billion) has been sanctioned for 11,632 projects related to basic agricultural infrastructure. The National Agriculture Market (eNAM) is a pan-India electronic trading system that connects the existing APMC mandis to form a unified national agricultural commodities market.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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