{"id":2594,"date":"2020-02-04T17:14:46","date_gmt":"2020-02-04T11:44:46","guid":{"rendered":"https:\/\/www.grainmart.in\/news\/?p=2594"},"modified":"2020-02-04T17:14:46","modified_gmt":"2020-02-04T11:44:46","slug":"pm-kisan-scheme-allocation-cut-in-budget-2020","status":"publish","type":"post","link":"https:\/\/www.grainmart.in\/news\/pm-kisan-scheme-allocation-cut-in-budget-2020\/","title":{"rendered":"PM-Kisan Scheme Allocation Cut in Budget 2020"},"content":{"rendered":"\n<p>Government has cut PM-Kisan <a href=\"https:\/\/www.pmkisan.gov.in\/\">scheme <\/a>allocation in budget 2020 by almost 27.5%. It has proposed a lower allocation of Rs 54,370.15 crores for the next fiscal as against allocation of Rs 75,000 crores this year. <\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>PM-Kisan Budget 2020 Cut<\/strong><\/h5>\n\n\n\n<p>PM-Kisan scheme pays Rs 6,000 per year in three equal installments to eligible farmers. Besides, the government relaxed the landholding limit to be eligible for the benefits to large farmers. The government has distributed around Rs 43,000 crores to eight crore farmers under the PM-Kisan scheme so far. Also, the government has lowered its estimation for beneficiary farmers from 14.5 crores to 14 crores. Sources confirmed that the reduction is under a revised estimate for the current year as several have not rolled out for the scheme. <\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>Reasons for Reduction<\/strong><\/h5>\n\n\n\n<p>Out of 95 million\nfarmers registered for the benefits, only 75 million have been Aadhar verified\nso far. However, the government aimed to transfer money to around 145 million\nfarmers. Agriculture Minister, Narender Singh Tomar, stated that the government\nhas asked for data from state governments. In other words, the transfer of\nmoney to Aadhar verified accounts depends on data furnished by state\ngovernments. <\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>Refusal by States<\/strong> on PM-Kisan<\/h5>\n\n\n\n<p>The central government blamed states for not keeping up with them. Apart from West\u00a0 Bengal, some other states are also slow in implementing the scheme. While Chhattisgarh has identified half of its farmers, <a href=\"https:\/\/www.grainmart.in\/news\/bihar-farmers-await-payments-under-pm-kisan-samman-nidhi-yojana\/\">Bihar <\/a>has determined only one-third of farmers eligible for the scheme. Similarly, Madhya Pradesh, Rajasthan, Maharashtra, Andhra Pradesh, and Karnataka have recognized around 55% of its farmers beneficiaries. On the other hand, UP has verified 85% of 25 million farmers whereas Rajasthan identified 80% of its farmers as beneficiaries. <\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>Challenges<\/strong> of PM-Kisan<\/h5>\n\n\n\n<p>The former agriculture secretary stated that the success of the scheme depends on timely <a href=\"https:\/\/www.grainmart.in\/news\/12000-crores-disbursed-to-6-crore-farmers-pm-kisan\/\">disbursal<\/a>. The money must get transferred before sowing so that farmers can invest properly. Besides, lack of cooperation from states is also a hurdle as West Bengal with around 70 lakh potential beneficiaries refused to participate. Apart from this, collecting reliable data is also a <a href=\"https:\/\/www.grainmart.in\/news\/challenges-pm-kisan-samman-nidhi-scheme\/\">challenge<\/a> for the government.<\/p>\n\n\n\n<p>In conclusion, the center has done a great job through this scheme to uplift farmers. Now it is states turns to cooperate with the center to aid farmers. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Government has cut PM-Kisan scheme allocation in budget 2020 by 27.5%. It has lowered the allocation to Rs 54,370.15 crores for next fiscal<\/p>\n","protected":false},"author":13,"featured_media":2072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10247,2874,9485,197,10248,5293,8515,10286,10289,195,202,196,206,2983,199,3844,5152,10288,10287,209],"class_list":["post-2594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-aadhar-verified","tag-agriculture","tag-agriculture-budget-2020","tag-andhra-pradesh","tag-beneficiary-farmers","tag-bihar","tag-budget-2020","tag-budget-cut","tag-challenges-pm-kisan","tag-farmer","tag-farmers","tag-india-farmers","tag-karnataka","tag-madhya-pradesh","tag-maharashtra","tag-pm-kisan-scheme","tag-pm-kisan","tag-pm-kisan-challenges","tag-pm-kisan-cut","tag-rajasthan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PM-Kisan Scheme Allocation Cut in Budget 2020 - Grainmart News<\/title>\n<meta name=\"description\" content=\"Government has cut PM-Kisan scheme allocation in budget 2020 by 27.5%. 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