Modi Government Extends Pradhan Mantri Kisan Sammaan Yojana to All Farmers

Modi Government Extends Pradhan Mantri Kisan Sammaan Yojana to All Farmers

• The Union Cabinet chaired by Prime Minister Narendra Modi on May 31, 2019 has approved the extension of Prime Minister Kisan Sammaan Yojana to all farmers, benefiting around 14 crore 50 lakh farmers of the country.
• Previously, this benefit was applicable to only those farmers having 2 hectacre land.
• PM-Kisan scheme will provide Rs 6000 per year in three installments to the farmers.
• The estimated annual expenditure of the revised scheme would be Rs. 87,217.50 crore in 2019-20. Earlier the estimated annual expenditure was of Rs. 75,000 crore.