Modi launches PM-Kisan scheme, transfers Rs 2,021 cr to over 10 mn farmers

The yojana is estimated to cost the exchequer Rs 75,000 crore annually and benefit more than 120 million small and marginal farmers in India

Gautam Pawar, a farmer with a wiry build, hailing from Maharashtra, was mobbed by news channels, jostling for his “bite” after he had shared the stage with PM Narendra Modi at the Fertiliser Factory Ground here on Sunday. The occasion was the launch of arguably the world’s largest farm sector scheme, titled the Pradhan Mantri Kisan Samman Nidhi Yojana (PM-Kisan). Modi handed over Kisan Credit Cards to a few farmers, including Pawar. The yojana is estimated to cost the exchequer Rs 75,000 crore annually.
               
It will benefit more than 120 million small and marginal farmers in India, including 21.4