KISAN Scheme Benefited 52.5 Lakh Farmers in Karnataka, Says CM Yediyurappa

Daniel Fowler
August 10, 2020

PM Modi said all these schemes and reforms are aimed at the country's farmers. The event was conducted through a video conference and was attended by lakhs of farmers. He will also release the sixth installment of funds under the Pradhan Mantri Kisan Samman Nidhi Yojna (PM-KISAN) scheme.

Modi said the government has transferred Rs 75,000 crore to farmers under this scheme in the last one-and-a-half years, of which Rs 22,000 crore was remitted during the lockdown period. It will help in reducing wastage, sale of produce at a higher price and increase processing and value addition for the farmers and their produce.

The objective is to provide medium to long-term debt financing for setting up of post-harvest infrastructure and community assets for marketing of farm produce. "The rollout and implementation of the PM-KISAN scheme have happened at an unparalleled pace, with funds being directly transferred into the Aadhaar authenticated beneficiaries' bank account to prevent leakage and increase convenience for farmers".

Prime Minister reiterated that India has a huge opportunity to invest in post-harvest management solutions like warehousing, cold chain, and food processing, and build a global presence in areas such as organic and fortified foods. He also noted that the scale of the program is so large that the funds released today have reached more people than the entire population of several countries taken together. As farmers organisations have been demanding roll back of three ordinances, the prime minister assured them that the ordinance on contract farming would help farmers receive prices fixed at the time of sowing of crops and provide relief from any possibility of fall in prices.

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Mr Modi also interacted with farmers of Gujarat, Madhya Pradesh and Karnataka.

Gajendra Singh Shekhawat, Minister, Jal Shakti and Rattan Lal Kataria, Minister of State, Jal Shakti were also present on the occasion.

Created to help farmers, the fund will catalyse the creation of post-harvest management infrastructure and community farming assets such as cold storage, collection centres and processing units. The prime minister said the drive is to "honour swaraj (self-rule), meaning "gandagi Bharat choro saptah" (garbage quit India week)", and reminded that August 8 is the anniversary of Quit India Movement.

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