Syllabus: GS-III
Subject: Economy & Growth;
Topic: Issues related to direct and indirect farm subsidies.
Context: Beneficiaries dropped from 10.47 crore to 8.12 crore.
PM-Kisan Decline:
- Reasons for Decline are attributed to new provisions like mandatory land seeding and Aadhaar linking.
- Launched Viksit Bharat Sankalp Yatra to address the decline.
- Uttar Pradesh leads with 8.50 lakh, followed by Rajasthan, Manipur, Jharkhand, and Maharashtra.
- Government aims to surpass 8.75 crore beneficiaries by January 2024 (Before the Lok Sabha Elections).
Background:
PM-KISAN:
- Launched on February 24, 2019, PM-KISAN is a central sector scheme facilitating direct financial assistance to land-holding farmers through direct benefit transfer (DBT).
- Provide income support to eligible land-holding farmers and their families.
- The Ministry of Agriculture and Farmers Welfare oversees implementation.
- Financial assistance of Rs. 6000 per annum per family. Paid in three equal instalments of Rs. 2000 every four months.
- Initially for Small and Marginal Farmers’ (SMF) families with landholding up to 2 hectares. Later expanded to include all farmer families, irrespective of landholding size.
Conclusion: PM-KISAN plays a crucial role in addressing the financial requirements of farmers and promoting sustainable agricultural practices.
