PM Kisan Samman Yojana: Amidst the ongoing farmers’ agitation, the Parliamentary Committee has suggested to the government to increase the limit of amount given to farmers under the Pradhan Mantri Kisan Samman Yojana from Rs 6000 per annum to Rs 12000 per annum. The Standing Committee headed by Charanjit Singh Channi, Chairman of the Parliamentary Committee attached to the Ministry of Agriculture, has submitted its recommendations to the government.
Recommendation to increase PM Kisan Nidhi to Rs 12000
On Tuesday, 17 December 2024, Charanjit Singh Channi presented the first Demand for Grants of the 18th Lok Sabha regarding the Ministry of Agriculture and Farmers Welfare in the Lok Sabha. In this report, the Standing Committee of Parliament attached to the Ministry of Agriculture Welfare has recommended doubling the limit of the amount given to farmers under the PM Kisan Samman Nidhi Yojana. The report said, the committee recommends that the limit of the amount given under the PM Kisan Samman Yojana be increased from Rs 6000 to Rs 12000 per annum.
Farmers will get a gift in the budget!
This is not the first time that the government has been asked to increase the amount of assistance given to farmers under PM Kisan Nidhi. For the last several years, representatives of farmers have also made this demand before the Finance Minister in the pre-budget meeting. Finance Minister Nirmala Sitharaman will present the budget for 2025-26 on February 1, 2025. With the recommendation received from the parliamentary committee, it is being speculated that the limit of the amount given under PM Kisan Samman Nidhi may be announced in the budget.
Farmers get Rs 3.45 lakh crore in PM Kisan Yojana
Even before the Lok Sabha elections held in 2024, the amount of PM Kisan Samman Nidhi Yojana was expected to be increased, but it did not happen. In the budget presented on February 1, 2019 before the 2019 Lok Sabha elections, the then Finance Minister Piyush Goyal had announced the introduction of Pradhan Mantri Kisan Samman Yojana.
Under the PM Kisan Yojana, small and medium farmers are given Rs 6000 annually in three installments. Under this scheme, money is transferred to the farmers’ bank accounts through direct transfer. So far, Rs 3.45 lakh crore has been transferred to the farmers’ bank accounts in 18 installments.
