Will MP CM Disburse Rs 500 Crore Under Kisan Kalyan Yojana on Balram Jayanti?

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Will MP CM Disburse Rs 500 Crore Under Kisan Kalyan Yojana on Balram Jayanti?

Synopsis

On Balram Jayanti, MP CM Mohan Yadav will transfer Rs 500 crore to 83 lakh farmers under the Mukhyamantri Kisan Kalyan Yojana. This initiative reflects the government's commitment to agricultural prosperity and rural welfare, ensuring timely financial support to enhance farmers' livelihoods.

Key Takeaways

  • Financial Aid: Rs 500 crore to be distributed to farmers.
  • Beneficiaries: 83 lakh farmers across Madhya Pradesh.
  • DBT System: Ensures transparent and timely financial transfers.
  • Economic Impact: Supports rural livelihoods and agricultural sustainability.
  • Event Highlights: Themed activities showcasing agricultural innovations.

Bhopal, Aug 13 (NationPress) In a significant step towards enhancing agrarian welfare, Chief Minister Mohan Yadav is set to transfer the second installment of the Mukhyamantri Kisan Kalyan Yojana (MKKY) for the financial year 2025–26 directly into the accounts of 83 lakh farmer beneficiaries across Madhya Pradesh, according to a government announcement.

This financial disbursement, timed to align with the Balram Jayanti festivities in Mandla, emphasizes the state government's unwavering dedication to fortifying rural livelihoods and agricultural sustainability.

Initiated in September 2020, the MKKY offers eligible farmers an annual aid of Rs 6,000, complementing the central government's PM-Kisan Samman Nidhi Yojana.

When combined, these programs provide a total annual support of Rs 12,000 per farmer, aimed at reducing input expenses and boosting agricultural output.

As per official statistics, the Madhya Pradesh government has disbursed over Rs 17,500 crore under the MKKY until March 2025, benefiting more than 83 lakh farmers.

The forthcoming installment, estimated at Rs 500 crore, will be transferred via Direct Benefit Transfer (DBT), ensuring both transparency and prompt delivery.

The Mandla celebrations will also showcase various thematic activities that emphasize the crucial role of agriculture in the state's economy. These will include exhibitions on agri-tech advancements, success stories from farmers, and interactive sessions focused on sustainable farming practices.

Experts from related sectors such as horticulture, animal husbandry, and agri-marketing are anticipated to participate, promoting cross-sector dialogue and knowledge sharing.

In anticipation of the event, officials highlighted that the timing of this transfer on Balram Jayanti, a day traditionally linked to agricultural prosperity, symbolizes the government's strategic alignment with farmer-centric principles.

The scheme is praised for its inclusive structure, catering to small and marginal farmers, and its integration with broader rural development objectives.

With agriculture employing over 60 percent of the state's workforce, initiatives like MKKY are viewed as essential for economic stability and social equity.

As Madhya Pradesh prepares for this ceremonial transfer, the focus remains on empowering farmers—not just through financial support, but through ongoing engagement and institutional backing.

Point of View

It is imperative to recognize how initiatives like the Mukhyamantri Kisan Kalyan Yojana not only provide critical financial assistance to farmers but also symbolize a broader commitment to rural development. The emphasis on transparency and timely delivery through Direct Benefit Transfer ensures that aid reaches those who need it most, fostering trust in government programs.
NationPress
06/10/2025

Frequently Asked Questions

What is the Mukhyamantri Kisan Kalyan Yojana?
The Mukhyamantri Kisan Kalyan Yojana (MKKY) is a financial assistance program launched by the Madhya Pradesh government, providing eligible farmers with annual support to enhance their livelihoods.
How much financial aid do farmers receive under MKKY?
Farmers receive an annual financial assistance of Rs 6,000 under the MKKY, in addition to the support from the central government's PM-Kisan Samman Nidhi Yojana.
How many farmers benefit from this scheme?
Over 83 lakh farmers benefit from the Mukhyamantri Kisan Kalyan Yojana in Madhya Pradesh.
What is the total amount disbursed under MKKY?
As of March 2025, the Madhya Pradesh government has disbursed more than Rs 17,500 crore under the MKKY.
What is Direct Benefit Transfer?
Direct Benefit Transfer (DBT) is a method of delivering financial assistance directly into the beneficiaries' bank accounts, ensuring transparency and timely delivery.
Nation Press