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PM Modi to launch the Rs. 75,000-crore PM-KISAN scheme today in Uttar Pradesh.

Prime Minister Narendra Modi can launch the Rs. 75,000-crore Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in Uttar Pradesh’s Gorakhpur today by transferring the first instalment of Rs. 2,000 each to over one crore farmers, Another one crore farmers area unit expected to be covered in the next 2 to three days.

The centre had proclaimed the PM-KISAN scheme in the interim Budget 2019-20. Under this programme, Rs. 6,000 will be paid to 12 crore small and marginal farmers holding productive land of up to 2 hectares per year in 3 instalments.

“Tomorrow could be a historic day! The Pradhan Mantri Kisan Samman Nidhi is going to be launched from Gorakhpur. This is a scheme that will give wings to the aspirations of crores of hardworking farmers of India who feed our nation,” the Prime Minister aforementioned in a tweet.

He further claimed that the project’s launch demonstrates 2 things: the NDA’s unwavering commitment to farmer welfare and speedy decision-making. “A scheme announced on February 1 has become reality in such a brief span. this is the new work culture of recent India,” he said.

Opposition leaders, however, say that the speedy implementation of the scheme was only visible of the upcoming Lok Sabha elections. Several of them, including Congress president Rahul Gandhi, even alleged that the money translates to a paltry Rs. 3.3 a day per person for a family of 5.

Nevertheless, the scheme is seen as a part of the government’s effort to address farm distress caused by lower sales of foodgrain, oilseeds, sugarcane, cotton and horticulture crops. The funds will be electronically transferred to the bank accounts of beneficiaries through a pattern similar to MGNREGS.

PM Modi will also distribute certificates among select farmers below the PM-KISAN scheme and act with select beneficiaries through video conferencing at the Gorakhpur event. He also plans to lay foundation stones and dedicate various development projects to the nation on the occasion.

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