Jharkhand: PM to launch Kisan Maan Dhan Yojana today in Ranchi

Prime Minister Narendra Modi will launch Kisan Maan Dhan Yojana (KMDY) here later today.

He will also inaugurate the new Jharkhand Vidhan Sabha building and lay the foundation stone for the New Secretariat building at Ranchi. The Prime Minister is also expected to launch 400 Eklavya Model Residential Schools here.

"The PM will launch the scheme -- Prime Minister Kisan Man Dhan Yojana and will also inaugurate 400 Ekalvya Model Residential schools to provide quality upper primary, secondary, and senior secondary level education to ST students in tribal-dominated areas," an official statement had said on Monday.

The KMDY will secure the lives of 5 crore small and marginal farmers by providing a minimum pension of Rs 3,000 per month to those who have attained the age of 60. The scheme has an outlay of Rs 10,774 crore for the next three years.

All the small and marginal farmers who are currently between the age of 18 to 40 years are eligible to avail the benefits.

The Eklavya Model Residential Schools are aimed at providing quality education to the students of Scheduled Tribes. This scheme will be implemented in blocks with a tribal population of at least 20,000.

The residential schools will have tribal students from Class 6 to 12. Around Rs 10,000 crore will be spent on the construction of these schools in Jharkhand, Odisha, Northeastern and other states in the next two years.