PM Kisan Budget: The government may soon double the amount of Pradhan Mantri Kisan Samman Yojana from Rs 6000 to Rs 12000 annually. For this, the Standing Committee headed by Parliamentary Committee Chairman Charanjit Singh Channi has submitted its recommendations to the Modi government.
Modi government started the Pradhan Mantri Kisan Samman Yojana in the year 2019. The objective of starting this scheme was to help the farmers in purchasing fertilizers and seeds at the time of harvest, the benefits of which are still being availed by the farmers. If everything goes well, then farmers will start getting Rs 12000 instead of Rs 6000 under PM Kisan Samman Yojana from the next financial year.
Like last year, this year too farmers are demanding implementation of MSP on crops. Meanwhile, on 17 December 2024, Charanjit Singh Channi presented the first Demand for Grants of the 18th Lok Sabha regarding the Ministry of Farmers and Welfare in the Lok Sabha. In this report, the Standing Committee of Parliament associated with the Ministry of Agricultural Welfare recommended doubling the amount received by farmers under the Pradhan Mantri Kisan Samman Nidhi Yojana. The Standing Committee of Parliament raised several issues in its report and demanded to increase the PM Samman Nidhi from Rs 6000 annually to Rs 12000 annually.
Finance Minister Nirmala Sitharaman will present the country's general budget for the financial year 2025-26 on 1 February 2025. During this time, the Finance Minister can accept the demand of the Standing Committee of Parliament and increase the amount of PM Kisan Samman Nidhi. Let us tell you that this is not the first time that a demand is being made to increase the PM Samman Kisan Nidhi, such a demand had already been raised last year also.
Pradhan Mantri Kisan Samman Yojana was started in 2019, at that time Piyush Goyal was the Finance Minister of the country. Through this scheme, small farmers are given Rs 6000 annually in three installments, in which the benefits of PM Kisan Samman Nidhi Yojana are transferred directly into the bank accounts of the farmers. Till now, 18 installments have been released in PM Kisan Samman Nidhi, in which the Central Government has directly transferred Rs 3.45 lakh crore to the farmers.
