NEW DELHI: The Centre on Saturday said it's disbursed Rs 50,850 crore to farmers thus far under its landmark scheme PM-KISAN, enabling them to satisfy farm input cost and household expenses.
The agriculture ministry shared the progress made under the scheme, before its first anniversary on February 24.
The PM-KISAN was formally launched on February 24 last year by Prime Minister Narendra Modi at Gorakhpur, Uttar Pradesh .
Under the scheme, the Centre transfers an amount of Rs 6,000 per annum , in three equal instalments, directly into the bank accounts of the farmers, subject to certain exclusion criteria concerning higher income status.
"February 24, 2020 is that the 1st anniversary of starting of a replacement Central Sector Scheme, namely, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)," a politician statement said.
The scheme was launched to supply income support to all or any landholding farmers' families across the country and enable them to satisfy expenses associated with agriculture also as domestic needs, it added.
"The Central Government has already released quite Rs 50,850 crores till now," the ministry said.
Total number of beneficiaries covered under the scheme is about 14 crore, supported estimates of the Agriculture Census 2015-16.
As on February 20 this year, 8.46 crores farmer families are given the advantages . The scheme is effective from December 2018. The deadline for identification of beneficiaries with reference to their eligibility was February 1, 2019. the whole responsibility of identification of beneficiaries rests with the state /UT governments.
The scheme initially provided income support to all or any small and marginal farmers' families across the country, holding cultivable finish up to 2 hectares.
However, its ambit was later expanded to hide all farmer families within the country regardless of the dimensions of their land holdings.
Affluent farmers are excluded from the scheme like tax payers in last assessment year, professionals like doctors, engineers, lawyers, chartered accountants etc and pensioners pensioners drawing a minimum of Rs 10,000 per month (excluding MTS/Class IV/Group D employees).
All installments falling due on or after December 1, 2019 are being paid only on the idea of Aadhaar authenticated bank data of beneficiaries to make sure genuine beneficiaries and avoid duplicity in payments, except in Assam and Meghalaya besides the UTs of Jammu & Kashmir and Ladakh, which are exempted from this requirement till March this year.