Mantri Kisan Samman Nidhi (PM-KISAN) scheme helps meet farmers’ expenses other
than agriculture such as education, medical, marriage, etc., a study conducted
by IFPRI (International Food and Policy Research Institute) has said. Replying
to a query on the impact of PM-KISAN scheme in the Lok Sabha on Tuesday, 21
March, Narendra Singh Tomar, Union Minister for Agriculture and Farmers’
Welfare, said IFPRI conducted a study on the scheme in Uttar Pradesh.
to the study, the funds received by
recipients under PM-KISAN are not only helping them with their agricultural
needs, but funds are also catering to their other expenses such as education,
medical, marriage, etc.
to the report, he said the funds disbursed under the initiative have acted as a
catalyst in rural economic growth, aided in alleviating the credit constraints
for farmers and increased investments in agricultural inputs.
The scheme has enhanced farmers’
risk-taking capacity, leading them to undertake riskier but comparatively
productive investments, he said.
farmer-centric digital infrastructure has ensured the benefits of the scheme
reach all the farmers across the country without any involvement of the
middlemen. Maintaining absolute transparency in the process of registration and
verification of beneficiaries, the Centre has so far disbursed over ₹2.41 lakh
crore to over 11 crore farmers in the country, he said.