38 lakh farmers get benefits from PM Kisan SAMPADA Yojana: Finance Minister Nirmala Sitharaman
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38 lakh farmers get benefits from PM Kisan SAMPADA Yojana: Finance Minister Nirmala Sitharaman

by Janam Web Desk
Feb 1, 2024, 05:40 pm IST
in News, India

New Delhi: Union Finance Minister Nirmala Sitharaman on Thursday said that Pradhan Mantri Kisan Sampada Yojana has benefited 38 lakh farmers and assisted 2.4 lakh self-help groups (SHGs).
Presenting the interim budget 2024 in Parliament, Sitharaman noted that the scheme uses modern infrastructure and supply chain management to ease the transfer of farm goods from farmers to retail outlets.

“The efforts for value addition in the agricultural sector and boosting farmers’ income will be stepped up. The Pradhan Mantri Kisan Sampada Yojana has benefited 38 lakh farmers and generated 10 lakh employment. Pradhan Mantri Formalisation of Micro Food Processing Enterprises Yojana has assisted 2.4 lakh SHGs and sixty thousand individuals with credit linkages. Other schemes are complementing the efforts for reducing post-harvest losses, and improving productivity and incomes,” Finance Minister said on Thursday.

Terming farmers as our ‘Annadata’, Sitharaman stated that minimum support prices for the produce of ‘Annadata’ are periodically increased appropriately.

The Finance Minister said that every year, under PM-KISAN SAMMAN Yojana, direct financial assistance is provided to 11.8 crore farmers, including marginal and small farmers, while crop insurance is given to 4 crore farmers under PM Fasal Bima Yojana.

She stated that these, besides several other programmes, are assisting ‘Annadata’ in producing food for the country and the world and added that the worries about food have been eliminated through free ration for 80 crore people.

She also added that the government will promote private and public investment in post-harvest activities, including storage and processing.

Tags: 38 lakh farmerPM-KISAN SAMMAN YojanaPM Fasal Bima YojanaAnnadataFEATUREDFinance MinisterNirmala SitharamanParliamentPM Kisan SAMPADA Yojana
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