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- The Indian Prime Minister has launched the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) from Gorakhpur, Uttar Pradesh. The scheme was announced in the interim Budget 2019-20.
- The PM Kisan scheme seeks to a) provide assured supplemental income to the most vulnerable farmer families, b) meet farmers’ emergent needs especially before the harvest season
- Under this programme, small and marginal farmer families, having cultivable land up to 2 hectares, will be provided direct income support at the rate of Rs. 6,000 per year. The amount will be transferred directly to the bank account of the beneficiaries in 3 equal instalments.
