In 2023, more than 100,000 farmers voluntarily relinquished their PM-Kisan benefits

In 2023, more than 100,000 farmers voluntarily relinquished their PM-Kisan benefits

Daily Current Affairs   /   In 2023, more than 100,000 farmers voluntarily relinquished their PM-Kisan benefits

Change Language English Hindi

Category : Business and economics Published on: June 08 2024

Share on facebook
  • From June 2023 to May 2024, 1.16 lakh farmers, mainly from Bihar, Uttar Pradesh, and Rajasthan, voluntarily gave up their Rs 6,000 annual benefits from the PM-Kisan scheme, facilitated by a new module on the PM-Kisan app and website.
  • The PM-Kisan scheme, launched in 2019, initially supported small and marginal farmers with up to 2 hectares of land, but now includes all farmer families across India, irrespective of landholding size, with 100% funding from the Government of India.
  • Under the PM-Kisan scheme, Rs 6,000 per year is transferred in three installments of Rs 2,000 directly into farmers' bank accounts, aiming to augment their income, with certain exclusions for higher income groups.
Recent Post's
  • An Andhra Pradesh-based start-up successfully tested ultra-high-frequency communication technology on ISRO’s POEM-4 satellite.

    Read More....
  • ARC rider wins bronze at the National Equestrian Championship.

    Read More....
  • Centre forms a working group for revising the base year of the Wholesale Price Index (WPI), with Niti Aayog's Ramesh Chand as its head.

    Read More....
  • Veteran director-writer Sai Paranjpe will receive the Padmapani Lifetime Achievement Award at the Ajanta-Ellora International Film Festival 2025.

    Read More....
  • The government released the draft Digital Personal Data Protection Rules on 3 January 2025, clarifying that social media or online platforms will have to obtain verified consent of parents before children create an account.

    Read More....
  • Pakistan begins its two-year tenure as a non-permanent member of the UNSC from January 1, 2025.

    Read More....
  • The Union Cabinet approved the extension of one-time special package in addition to NBS subsidy to ensure stable availability of Di-Ammonium Phosphate (DAP) at reasonable prices to farmers with effect from 01.01.2025 till further orders.

    Read More....
  • IIT-Kanpur sets a new record with 152 Intellectual Property Rights (IPR) filings in 2024.

    Read More....
  • According to SBI Research, the poverty ratio in rural areas declined to 4.86% in FY 2024 from 7.2% in the previous year, leading to a significant reduction in poverty.

    Read More....
  • World Braille Day is celebrated annually on January 4th to honor Louis Braille, the inventor of the Braille system for the visually impaired.

    Read More....
  • Air India recently launched in-flight Wi-Fi services on domestic flights in India.

    Read More....