Thursday, November 21, 2024

Latest update on the PM-Kisan Scheme,13th installment of Rs 16,000 crore released

A major update came out on Monday concerning the PM-Kisan Scheme. PM Modi provided a huge relief to over eight million beneficiaries in the program on Monday. PM Modi has announced the 13th installment amounting to more than 16,000 crores for participants of the scheme. The beneficiaries are paid Rs. 6000 each year. An installment of 2000 rupees is distributed three times over the course of a year.

PM-Kisan Scheme

It is important to note that PM Modi has also inaugurated

the newly renovated structure of Belagavi Railway Station in Karnataka. And dedicated it to the nation. Passengers will have world-class amenities at the station. The station was redesigned with a price of around $190 million. Along with this, PM Modi also dedicated the rail line doubling project between the Londa-Belagavi-Ghataprabha section in Belagavi to the nation.

PM-Kisan Scheme

Developed at a cost of about Rs 930 crore.

The project will enhance the capacity of the busy Mumbai-Pune-Hubli-Bengaluru railway line. Thereby boosting trade, commerce, and economic activities in the region. Modi has also laid the foundation for six multi-village planning initiatives. Under the Central’s Jal Jeevan Mission in Belagavi. The projects will be completed at an estimated cost of 1.585 crore rupees. And will benefit approximately 8.8 lakh residents living across more than 315 villages.

PM-Kisan Scheme

Karnataka chief minister Basavaraj Bommai.

And the Union Agriculture and Farmers Welfare Minister Narendra Singh Tomar. The Union Parliamentary Affairs Minister Pralhad Joshi as well as the Union Minister of State Shobha Karandlaje. State-level ministers from the government and others attended the ceremony. Prime Minister Modi is currently on a one-day trip to Karnataka. Assembly elections will be held in the month of May. The greenfield Shivamogga airport was inaugurated earlier in the day.

PM-Kisan Scheme

The PM-Kisan Scheme.

Announced by PM Modi at the beginning of 2019. It is designed to offer income support to all families of land-holding farmers who have land suitable for cultivation throughout the country. To date, under this scheme, funds of over Rs 2.25 lakh crore has been paid out to over 11 crore farmer families, with the majority being marginal and small farmers.

PM-Kisan Scheme

According to the officials.

Rs 1.75 lakh crore has been distributed in multiple installments to aid the farmers facing problems due to the Covid lockdown. The scheme also assisted more than three million women who were beneficiaries, and have received collectively over 53,600 crores. The eleventh and the 12th installments of funds were paid in the months of May and October of the previous year.

Read More: Gurgaon will host the G-20 conference from From March 1 to 4, with 39 nations participating

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