How Are Beneficiaries Responding to the PM Kisan Nidhi Scheme?

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How Are Beneficiaries Responding to the PM Kisan Nidhi Scheme?

Synopsis

Farmers in Gujarat celebrate the transformative impact of the PM Kisan Nidhi scheme. With the recent 20th instalment, many are finding relief from debt and financial stress. This initiative not only supports agricultural activity but also empowers farmers with financial independence. Discover how this scheme is reshaping the farming landscape.

Key Takeaways

  • Direct financial support: Farmers receive Rs 6,000 annually in three instalments.
  • Debt alleviation: The scheme reduces reliance on private moneylenders.
  • Empowerment: Beneficiaries report increased dignity and independence.
  • Transparency: Direct transfers build trust among farmers.
  • Government commitment: The initiative reflects ongoing support for agricultural development.

New Delhi, Aug 2 (NationPress) Farmers in the Valsad district of Gujarat have expressed their appreciation for the 20th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, deeming it a revolutionary step in agriculture and a significant alleviation from the burdens of debt and private lenders.

This past Saturday, the Central government successfully deposited the 20th instalment into the bank accounts of millions of farmers nationwide, including over Rs 34 crore allocated to beneficiaries in Valsad.

A notable gathering took place at the Ambheti Krishi Vigyan Kendra in Kaprada, featuring Gujarat’s Finance Minister Kanubhai Desai, district officials, local legislators, and hundreds of farmers. The event also showcased a live broadcast of Prime Minister Narendra Modi’s address from Varanasi.

In conversations with IANS, many farmers conveyed their gratitude towards the Prime Minister, emphasizing how the scheme has significantly lessened their financial burdens during crucial agricultural seasons.

“Previously, we had to take loans from moneylenders at exorbitant interest rates for seeds and fertilizers. Now, the direct transfer under PM-KISAN has simplified our financial management for farming,” remarked local farmer Chandubhai Patel.

Another beneficiary, Ganesh Chaudhary, commended the scheme’s unwavering support, stating that it has brought respect and financial autonomy to small-scale farmers.

Devbhai Yadav noted, “The PM Kisan Nidhi Yojana has been a true blessing. It enables us to purchase fertilizers, seeds, and pesticides promptly, without dependency on loans. The funds are transferred directly to our accounts, establishing transparency and trust.”

Gujarat Finance Minister Kanubhai Desai stated, “Under Prime Minister Modi’s guidance, the Central government has made farmer welfare a top priority. Inspired by his vision, Gujarat has also implemented various schemes for agricultural enhancement.”

Initiated in 2019, the PM-KISAN scheme provides eligible farmer families with an annual income support of Rs 6,000, distributed in three equal instalments.

The 20th instalment was disbursed nationwide this past Saturday.

Point of View

It aims to alleviate burdens and promote agricultural productivity. As the government continues to prioritize farmer welfare under PM Modi's leadership, it remains crucial to assess the long-term impacts of such initiatives on rural economies.
NationPress
08/10/2025

Frequently Asked Questions

What is the PM Kisan Nidhi scheme?
The PM Kisan Nidhi scheme is a government initiative launched in 2019 that provides eligible farmer families with an annual income support of Rs 6,000, distributed in three instalments.
How has the PM Kisan Nidhi scheme impacted farmers?
Farmers have reported significant relief from financial burdens, enabling them to manage farming expenses without relying on high-interest loans from moneylenders.
How often are the instalments provided?
The instalments are provided three times a year, ensuring that farmers receive timely financial support throughout the agricultural season.
Where was the 20th instalment disbursed?
The 20th instalment was disbursed nationwide, with over Rs 34 crore allocated to beneficiaries in Gujarat's Valsad district.
Who attended the event in Gujarat?
The event was attended by Gujarat’s Finance Minister Kanubhai Desai, local officials, legislators, and hundreds of farmers, showcasing the community's support for the scheme.
Nation Press