Prime Minister Narendra Modi made a significant announcement during his visit to Varanasi, unveiling a release of ₹20,000 crore under the PM KISAN scheme aimed at supporting farmers across India. The PM KISAN scheme, initiated to provide direct income support to small and marginal farmers, has been instrumental in bolstering rural livelihoods since its inception.
Addressing a gathering in his parliamentary constituency, Modi emphasized the government's commitment to agricultural welfare and rural development. The substantial allocation under PM KISAN is expected to benefit millions of farmers, providing them with timely financial assistance amid economic challenges exacerbated by the pandemic.
Launched in 2019, PM KISAN aims to ensure a steady income for farmers by providing ₹6,000 annually in three equal installments. The latest release of ₹20,000 crore underscores the government's proactive approach in supporting farmers' economic resilience and doubling their income.
During his visit, Modi interacted with beneficiaries of the scheme, listening to their feedback and reaffirming the government's dedication to rural upliftment. The announcement in Varanasi not only highlights the financial boost under PM KISAN but also serves as a testament to Modi's personal and political commitment to the farming community.
The release of funds under PM KISAN in Varanasi signifies a strategic move by the government to strengthen agricultural prosperity and empower farmers across India. It reflects the administration's ongoing efforts to transform the agricultural sector and ensure sustainable rural growth.
As India navigates through economic recovery, initiatives like PM KISAN are crucial in providing stability to the agricultural community, promoting inclusive growth, and fostering a resilient rural economy.
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