: 9 cr farmer families get benefit, 18000 cr Rs deposited via DBT: PM #FinanceIndia #StockMarketNEWS 9 cr farmer families get benefit, 18000 cr Rs deposited via DBT: PM New Delhi, Dec 26 (KNN) The Prime

@StockMarketNEWS Tue 29 Dec, 2020

Posted in: #FinanceIndia #StockMarketNEWS

9 cr farmer families get benefit, 18000 cr Rs deposited via DBT: PM #FinanceIndia #StockMarketNEWS
9 cr farmer families get benefit, 18000 cr Rs deposited via DBT: PM New Delhi, Dec 26 (KNN) The Prime Minister, Narendra Modi released the next instalment of financial benefit under PM Kisan Samman Nidhi on Sunday through video conference.

The Prime Minister said Rs 18000 crore have been deposited directly in the bank account of more than 9 crore farmer families in the country at the click of a button today. He added ever since this scheme started, more than 1 lakh 10 thousand crore rupees have reached the account of farmers.

The Prime Minister expressed regret that more than 70 lakh farmers of West Bengal have not been able to get this benefit. He said over 23 lakh farmers of Bengal have applied online to take advantage of this scheme. But the state government has stopped the verification process for so long.

He said the parties which do not speak in the interest of farmers in West Bengal, come here to Delhi and talk about the farmer. He said these parties are missing APMC-mandis nowadays, but these parties repeatedly forget that there are no APMC-mandis in Kerala and these people never agitate in Kerala.

The Prime Minister said the Government worked at aiming to reduce the input cost of the farmers. He listed some farmer-centric initiatives of the Government like Soil Health Card, Neem Coating of Urea and the scheme for distribution of Solar Pumps which helped in reducing the input cost for the farmers.

He added the government tried to ensure that the farmers have a better crop insurance cover. Today, crores of farmers are getting the benefit of the PM crop insurance scheme.

The Prime Minister said the government tried to ensure that the countrys farmers get a fair price for the crop. He said the Government fixed one and a half times the production cost as MSP for the farmers as per the recommendations of the long-standing Swaminathan Committee report. He added the number of crops for which MSP is available were also increased.

The Prime Minister said that the Government aimed to open new markets for the farmers to sell their crop. He said the Government added more than a thousand agricultural mandis of the country online. Among these, more than Rs. one lakh crore have been traded.

He said the Government worked towards forming groups of small farmers so that they could work as a collective force in their region.

Today, a campaign is underway to form more than 10000 Farmers Producer Organizations - FPO in the country and they are being given financial help.

The Prime Minister said today, the farmers are getting a pucca house, toilet and clean piped drinking water. They have benefited greatly from the free electricity connection, free gas connection.