Central govt likely to hike amount under PM Kisan Samman Nidhi | Details

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Central govt likely to hike amount under PM Kisan Samman Nidhi | Details


Image Source : FILE Central govt likely to hike amount under PM Kisan Samman Nidhi to assist farmers

The Central Government could hike the annual amount acquired by farmers under the Pradhan Mantri Kisan Samman Nidhi, recommended a report printed by Financial Express. 

Currently, the amount acquired by the farmers under this scheme is Rs 6,000 in three installments. Farmers have demanded a rise on this amount for a very long time. So, maintaining in thoughts the demand the federal government can enhance this amount by 50 % i.e. from Rs 2000 to Rs 3000. 

It is to be famous that at current Rs 2000 is deposited in farmers account thrice a yr under the PM Kisan Samman Nidhi. 

Proposal positioned earlier than PMO 

According to a authorities official, the proposal to enhance the amount of PM Kisan Samman Nidhi has been positioned earlier than the Prime Minister’s Office. If the federal government accepts this proposal, then the burden of Rs 20,000-30,000 crore will enhance on it on an annual foundation.

However, it has not but been determined that from when the elevated amount can be deposited within the farmers’ account. It is believed {that a} resolution on this may be taken earlier than the elections to be held in 4 states this yr. Let us let you know that meeting elections are to be held in Rajasthan, Madhya Pradesh, Chhattisgarh and Telangana by the tip of this yr. 

Preparation to enhance buy on MSP 

There is a requirement from farmers throughout the nation that after the implementation of the MSP of the crops, the farmers of just a few states get its profit. Considering this demand, the federal government is getting ready to purchase extra meals grains at MSP i.e. minimal help value. This will assist in growing the revenue of the farmers. 

Relief doable on petrol-diesel and LPG 

Experts say that within the midst of rising inflation, the central authorities can provide aid to the widespread folks even on the price of petrol-diesel and LPG cylinders. Let us let you know that the worth of LPG cylinder has virtually doubled within the final three years. Whereas petrol and diesel are round Rs 100 per litre. This has badly affected the family funds of the folks. On the opposite hand, inflation has elevated quickly. To give aid from this, the federal government can carry down the worth of gas. 

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