Business Standard

Rs 375 cr pending for reprocessing under PM-KISAN since 2019: Govt

Tomar said the cumulative number of failed transactions of PM-KISAN were at 69,02,227 from February 1, 2019, till November 30 of this year

Agriculture, farmers, wheat, procurement, MSP, APMC, commodity
Premium

The total amount that is pending for reprocessing from 2019-20 till November 20 of this year under the PM-KISAN scheme stands at 374.78 crore, the data showed

Press Trust of India New Delhi
About Rs 374.78 crore amount is pending for reprocessing after failed transactions occurred under the central scheme PM-KISAN since its launch in 2019, according to the agriculture ministry data placed before Parliament.

The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) -- under which eligible marginal farmers have electronically given Rs 6,000 annually in three equal instalments -- saw a 14.22 lakh pending failed transaction during 2019-20 fiscal, when the scheme was launched in February 2019.

Consequently, the number of pending failed transactions was reduced to 8.19 lakh during 2020-21 fiscal. But in the ongoing 2021-22 fiscal, the number of pending failed transactions

Disclaimer: No Business Standard Journalist was involved in creation of this content

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in