PM transfers another installment of financial benefit to farmer families under PM-KISAN

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Delhi: August 9: Prime Minister Narendra Modi released the next installment of  financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) today through video conference.

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).

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.

Such farmers will be benefitted by the agriculture infrastructure and connectivity infrastructure that is coming up in the country.

Initiatives like Food Parks, Kisan Rails and Infrastructure Fund will help small farmers. In the year gone by, more than 6 thousand projects have been approved under the Infrastructure Fund.

These steps increase the small farmer’s access to market and his bargaining power through FPOs, said the Prime Minister.

The Prime Minister touched upon initiatives like Mission Honey-Bee and making saffron from Jammu & Kashmir in the NAFED shops.

Honey mission has led to 700 crore export of honey resulting in extra income for farmers.

The Prime Minister 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 i.e. NMEO-OP as a pledge for achieving self-reliance in edible oil.

He said that through the National Edible Oil Mission-Oil Palm mission, more than Rs. 11,000 crore will be invested in the cooking oil ecosystem.

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.

 

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