The Union Cabinet has approved that the ambit of the PM-KISAN would be comprehensively extended.
Recent decision:
With this decision, all land holding eligible farmer families (subject to the prevalent exclusion criteria) would avail of the benefits under this scheme, irrespective of the size of land holdings
The revised Scheme is expected to cover around 2 crore more farmers, increasing the coverage of PM-KISAN to around 14.5 crore beneficiaries.
Background:
The genesis of the PM-KISAN Yojana dates back to the interim Budget for the year 2019-2020.
The key element of PM-KISAN is income support of Rs. 6000/- to the small and marginal landholder farmer families with cultivable land holding upto 2 hectare across the country. (This has been expanded today)
The amount is being released in three 4-monthly instalments of Rs.2000/- each over the year, to be credited into the bank accounts of the beneficiaries held in destination banks through Direct Benefit Transfer mode.
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