How is the PM KISAN Scheme Empowering Farmers in Vaishali?

Synopsis
Key Takeaways
- The PM-KISAN scheme provides Rs 6,000 annually to farmers.
- Funds are disbursed in three installments of Rs 2,000.
- Implemented on February 2, 2019, it empowers millions of farmers.
- It uses the Direct Benefit Transfer system for transparency.
- This initiative is crucial for stabilizing the rural economy.
Vaishali, Aug 11 (NationPress) Among the numerous public welfare initiatives launched by the Prime Minister Narendra Modi-led NDA government, the Pradhan Mantri Samman Nidhi Yojana (PM-KISAN) stands out as a program that is significantly transforming the lives of millions of farmers and their families.
Farmers in the Vaishali district of Bihar have been reaping the rewards of this scheme, which has not only granted them financial stability but also provided them with relief during challenging times.
Several beneficiaries of PM-KISAN shared their heartfelt thanks to PM Modi for implementing such a farmer-centric initiative.
Shashikant Kumar, a resident of Bidupur Sahdullahpur Dhabauli, mentioned that he has been benefitting from the scheme and recounted the hardships his family faced previously.
“In the past, we faced numerous challenges in farming, but now everything has shifted positively. We can manage pesticides, irrigation, and fertilizers more effectively,” he stated.
He added that recipients like him receive funds in multiple installments, allowing them to purchase vital farming supplies.
“Through the PM Kisan Samman Nidhi Yojana, we are granted Rs 6,000 annually from the Centre. This amount is disbursed in three installments, with Rs 2,000 credited to our accounts every three months,” he explained.
It is important to note that the PM-KISAN scheme was inaugurated on February 2, 2019, and has since emerged as a transformative catalyst for India’s agricultural landscape.
Under this initiative, every eligible farming family receives an annual benefit of Rs 6,000, distributed in three equal payments of Rs 2,000 every four months.
This funding is directly deposited into the beneficiaries' bank accounts using the Direct Benefit Transfer (DBT) system, making it one of the largest and most transparent DBT schemes globally.