Budget 2024: Modi government can make a big announcement for the farmers of India. Farmers of the country have been demanding for a long time to increase the money received under PM Kisan Samman Nidhi Yojana. The government can increase this money in the budget this time
Budget 2024: Modi government can make a big announcement for the farmers of India. Farmers of the country have been demanding for a long time to increase the money received under PM Kisan Samman Nidhi Yojana. The government can increase this money in the budget this time. Currently, under this scheme, the beneficiary farmers get Rs 6,000 in a year. The government can increase this amount from Rs 6,000 to Rs 8,000 in the budget.
Currently I get Rs 6000 annually
Currently, beneficiary farmers get Rs 2,000 in one installment and Rs 6,000 annually under the PM Kisan Samman Nidhi Yojana. This money is transferred online to the farmers’ accounts in three installments. Rs 2,000 is sent in every installment. This installment is given every 4 months. Recently, the government has transferred the 15th installment to the accounts of farmers on 15th November.
When was PM Kisan Yojana started?
PM Kisan Samman Nidhi is a scheme of the Central Government. This scheme was announced in the interim budget of 2019. The government is expected to release the 16th installment of this scheme between February and March this year. This time it is expected that the money received by PM Kisan in the government budget may increase. Currently, farmers are getting Rs 2,000 in 3 installments.
Interim budget will be presented on February 1
Union Finance Minister Nirmala Sitharaman will present the budget for the sixth time on 1 February 2024. Nirmala Sitharaman will present the last budget of the second term of the Modi government. The year 2024 will be an election year. For this reason, an interim budget will be presented instead of the full year. The interim budget is presented in an election year so that whoever gets the command to form the government after the elections can prepare the accounts for the remaining months after forming the government.