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PM releases 9th installment of PM-KISAN

Over Rs. 19,500 crores transferred directly into the accounts of more than 9.75 crores beneficiary families

Prime Minister Mr. Narendra Modi released the next installment of financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) and interacted via video conferencing with farmer beneficiaries during the event. This enabled the transfer of an amount of more than Rs. 19,500 crores to more than 9.75 crores beneficiary farmer families. It was the 9th installment of the financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).

Addressing the gathering, the Prime Minister mentioned that the scheme of Kisan Infrastructure Fund with Rs. 1 lakh crore corpus was also completed one year. The Prime Minister touched upon initiatives like Mission Honey-Bee which has led to a 700 crore export of honey resulting in extra income for farmers.

The Prime Minister remarked that our farms and farmers have a big role in determining the condition of India in 2047, when the country completes 100 years of independence. He called for changes in Indian agriculture and lauded the farmers for record production during the pandemic. The PM said the government has made the biggest ever purchase from farmers at MSP, be it Kharif or Rabi season. With this, about Rs 1,70,000 crore have reached directly into the accounts of rice farmers and about Rs. 85,000 crore have gone directly into the account of wheat farmers.

The Prime Minister highlighted National Edible Oil Mission-Oil Palm saying National Edible Oil Mission-Oil Palm mission, more than Rs 11,000 crore will be invested in the cooking oil ecosystem. Government will ensure that farmers get all the facilities, from quality seeds to technology. The Prime Minister pointed out that today, for the first time, India has reached among the top-10 countries of the world in terms of agricultural exports. The country has set new records of agricultural exports during the Corona period. Today, when India is becoming recognized as a big agricultural exporting country, it is not right to stay dependent on imports for our needs of edible oil.

The Prime Minister remarked that the small farmers are now being given utmost priority in the agricultural policies of the country. Under PM Kisan Samman Nidhi, Rs 1 lakh 60 crore has been given to farmers so far. Out which Rs 1 lakh crore were transferred to small farmers during the pandemic period. More than 2 crore Kisan credit cards were issued during Corona period, most of them to small farmers.

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