PM Modi releases 9th installment of PM-KISAN; Over Rs.19,500 cr transferred to more than 9.75 cr beneficiaries

New Delhi, Aug 9: "Indian villages and farmers will play a crucial role in deciding the country's condition when it completes 100 years of independence in 2047," said Prime Minister Narendra Modi after releasing an installment of financial benefit under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).

 

 

PM Modi also interacted with farmer-beneficiaries during the event and transferred an amount of more than Rs. 19,500 crores to more than 9.75 crores beneficiary farmer families. It was the 9th installment of the financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).

 

Referring to the upcoming 75th Independence day, he said that apart from being an occasion for pride it is also an opportunity for new resolutions. "We have to take this opportunity to decide where we want to see India in the coming 25 years, he said. Our agriculture and our farmers have a big role in determining the condition of India in 2047, when the country completes 100 years of independence. It is time to give direction to India's agriculture to face new challenges and take advantage of new opportunities.

 

 

PM Modi also called for changes in Indian agriculture according to the demands of changing times. He lauded the farmers for record production during the pandemic and outlined the government’s measures to reduce the hardships of farmers during the difficult period.

 

"The government ensured uninterrupted supply of seeds, fertilizers and access to markets. Urea was available throughout and when prices of DAP increased manifold in the international market, the government immediately arranged 12,000 crore rupees for that so that the load is not felt by the farmers," a statement read.

 

 

He also said the government has made the biggest ever purchase from farmers at MSP, be it Kharif or Rabi season. With this, about Rs 1,70,000 crore have reached directly into the accounts of rice farmers and about Rs. 85,000 crore have gone directly into the account of wheat farmers.

 

PM Modi talked of the sowing season and expressed the hope that the amount received today will help the farmers. He also mentioned that the scheme of Kisan Infrastructure Fund with 1 lakh crore rupees corpus also completes one year today. The Prime Minister touched upon initiatives like Mission Honey-Bee and making saffron from Jammu & Kashmir in the NAFED shops. Honey mission has led to 700 crore export of honey resulting in extra income for farmers.

 

 

"Under PM Kisan Samman Nidhi, Rs 1 lakh 60 crore has been given to farmers so far. Out which Rs 1 lakh crore were transferred to small farmers during the pandemic period. More than 2 crore Kisan Credit Cards were issued during Corona persion, most of them to small farmers. Such farmers will be benefitted by the agriculture infrastructure and connectivity infrastructure that is coming up in the country. Initiatives like Food Parks, Kisan Rails and Infrastructure Fund will help small farmers. In the year gone by, more than 6 thousand projects have been approved under the Infrastructure Fund. These steps increase the small farmer’s access to market and his bargaining power through FPOs," it added.