Direct Bank Transfer Scheme For Farmers

Punjab Chief Minister Amarinder Singh has opposed the Centre's scheme to make a direct online payment of the MSP to farmers' bank accounts, bypassing arhtiyas (commission agents), for the crops to be procured by the government from the next Rabi season.

Prime Minister Narendra Modi today launched the Rs 75,000 crore Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in Uttar Pradesh's Gorakhpur by transferring the first instalment of Rs 2,000 each to over one crore farmers. Another one crore farmers are expected to be covered in the next two to three days. "This is just the beginning. Every year,...

The centre is also evaluating the scheme followed by the Telangana and Odisha governments wherein a fixed amount is transferred directly into the bank account of farmers, the report added.

Punjab Chief Minister Amarinder Singh has opposed the Centre's scheme to make a direct online payment of the MSP to farmers' bank accounts, bypassing arhtiyas (commission agents), for the crops to be procured by the government from the next Rabi season.

Prime Minister Narendra Modi today launched the Rs 75,000 crore Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in Uttar Pradesh's Gorakhpur by transferring the first instalment of Rs 2,000 each to over one crore farmers. Another one crore farmers are expected to be covered in the next two to three days. "This is just the beginning. Every year,...

The centre is also evaluating the scheme followed by the Telangana and Odisha governments wherein a fixed amount is transferred directly into the bank account of farmers, the report added.