Having lost three key state elections in the Hindi heartland on account of farmers’ anger over falling prices, Finance Minister Piyush Goyal announced that the government would transfer Rs 6,000 a year into the bank accounts of all eligible small and marginal farmers to meet their investment needs.
Titled PM-KISAN (Pradhan Mantri Kisan Samman Nidhi), the support will be provided in three equal instalments of Rs 2,000 each in a year.
“There is a need for providing structured income support to the poor land-holder farmer families in the country for procuring inputs such as seeds, fertilisers, equipment, labour,
Titled PM-KISAN (Pradhan Mantri Kisan Samman Nidhi), the support will be provided in three equal instalments of Rs 2,000 each in a year.
“There is a need for providing structured income support to the poor land-holder farmer families in the country for procuring inputs such as seeds, fertilisers, equipment, labour,