MP govt declares Rs 4,000 direct money switch to farmers

Bhopal, September 22

Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Tuesday introduced that his authorities will switch Rs 4,000 into the financial institution accounts of farmers within the state in two equal instalments in a monetary 12 months.

The profit could be given to those that are enrolled underneath the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme.

“With a view of overall development of farmers, we have decided that schemes being run in their interest, such as relief under RCB6(4), PM Kisan Samman Nidhi, loan at zero per cent interest and Prime Minister Crop Insurance, we will implement all the schemes as a package,” Chouhan stated in a collection of tweets.

In the primary section of this collection, the CM Farmers Welfare Scheme is being began within the state, he stated.

“Under this scheme, all eligible beneficiary farmer households coated underneath the PM Samman Nidhi shall be paid a complete of Rs 4,000 in two instalments in a monetary 12 months.

Welfare of farmers is the purpose of my life,” Chouhan tweeted.

The chief minister stated his authorities will assist farmers double their earnings by 2022.

“We re-implemented the loan scheme at zero interest rate. Complete benefits of Kisan Samman Nidhi and Bima Yojana were given. More than Rs 27,000 crore were paid to farmers for food grains purchase. We will leave no stone unturned to double farmers’ income by 2022,” he stated in one other tweet.

Earlier within the day, Chouhan, in a programme right here, transferred loans value Rs 800 crore to farmers’ accounts within the state at zero per cent curiosity.

Under the PM-KISAN scheme, the Centre transfers an quantity of Rs 6,000 per 12 months, in three equal instalments, immediately into the financial institution accounts of farmers, topic to sure exclusion standards regarding larger earnings standing. PTI

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