What is the New Update on the 7th Instalment of 'Namo Shetkari Yojana'?
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Synopsis
Maharashtra's Chief Minister launched the seventh instalment of the 'Namo Shetkari Mahasanman Kisan Yojana', transferring Rs 1892.61 crore to over 91 lakh farmers. This initiative aims to strengthen financial stability for farmers, especially those impacted by adverse weather conditions. Find out how this scheme is transforming agriculture in Maharashtra!
Key Takeaways
- Seventh instalment launched for 'Namo Shetkari Mahasanman Kisan Yojana'
- Rs 1892.61 crore allocated to farmers
- Over 91 lakh farmers to benefit
- Annual support of Rs 12,000 for eligible farmers
- Focus on sustainable agriculture
Mumbai, Sep 9 (NationPress) The Chief Minister of Maharashtra, Devendra Fadnavis, inaugurated the seventh disbursement of the 'Namo Shetkari Mahasanman Kisan Yojana' on Tuesday. This initiative will see a total of Rs 1892.61 crore deposited into the bank accounts of 91,65,156 farmers across the state.
The Namo Shetkari Mahasanman Kisan Yojana was established similarly to the Pradhan Mantri Kisan Samman Nidhi Yojana to provide financial security for farmers by offering Rs 6,000 each year. This amount is in addition to the Rs 6,000 provided annually under the Pradhan Mantri Kisan Samman Nidhi Yojana.
Farmers eligible for both initiatives in Maharashtra receive a total of Rs 12,000 each year.
This seventh disbursement includes subsidies for the duration from April 2025 to July 2025 and is particularly crucial for farmers affected by significant rainfall.
To date, six instalments have been distributed to farmer beneficiaries under the state’s Namo Shetkari Mahasanman Kisan Yojana. The government has reported that 930,9000 farmers have benefited from a total subsidy of Rs 11,130 crore across these six instalments.
Agriculture Minister Dattatray Bharne emphasized that the Namo Shetkari Mahasanman Kisan Yojana plays a vital role in boosting farmers' incomes, helping them cover production costs, and fostering sustainable agriculture.
“This scheme is designed to provide farmers with financial support annually. So far, the aid has been deposited directly into the accounts of thousands of farmers throughout the state via six instalments. After the distribution of the seventh instalment, the number of beneficiaries will increase further. This initiative is reinforcing the economy in rural regions,” the minister stated.
Point of View
We recognize that the launch of the seventh instalment of the 'Namo Shetkari Mahasanman Kisan Yojana' by the Maharashtra government is a significant step towards ensuring the welfare of farmers. This initiative prioritizes financial aid and sustainability, ultimately fostering a more robust agricultural sector. It reflects a commitment to the well-being of rural communities.
NationPress
09/09/2025
Frequently Asked Questions
What is the 'Namo Shetkari Mahasanman Kisan Yojana'?
The 'Namo Shetkari Mahasanman Kisan Yojana' is a financial assistance program aimed at providing support to farmers in Maharashtra, allowing them to receive an annual subsidy.
How much money is being distributed in the seventh instalment?
The seventh instalment involves the distribution of Rs 1892.61 crore to 91,65,156 farmers.
What is the annual support amount for farmers?
Eligible farmers receive a total of Rs 12,000 annually from both the 'Namo Shetkari Mahasanman Kisan Yojana' and the 'Pradhan Mantri Kisan Samman Nidhi Yojana'.
Why is this subsidy important for farmers?
This subsidy is crucial for farmers as it helps them cope with production costs and recover from damages caused by adverse weather conditions.
How has the scheme impacted farmers so far?
So far, the scheme has provided significant financial assistance, distributing Rs 11,130 crore across six instalments to many farmers in the state.
