The Karnataka government on Wednesday transferred Rs 2,000 to each of the bank account of one lakh farmers as part of its announcement to provide additional financial assistance from the state to the beneficiaries of the Pradhan Mantri Kisan Samman Nidhi Scheme.
The scheme of thegovernment of India was aimed at providing financial benefit of Rs 6,000 per year to eligible farmer families in threeinstallments.
As soon as assuming charge as the Chief Minister, B S Yediyurappa had announced that the state government would provide Rs 4,000 to every farmer covered under PM-Kisan scheme, in two installments, in addition to the Rs 6,000 by thecentral government.
On Wednesday, the first installment of Rs 2,000 of thestate's incentive was remitted to each of the one lakh farmers' bankaccounts via aadhaar-based direct benefit transfer (DBT).
"All the other eligible farmers under the scheme willbe getting the first installment amount (Rs 2000) in the coming days," Yediyurappa said, addingthat the next installment would be paid soon.
The Chief Minister claimed that no other state government in the country has taken a decision to give farmers additional benefits on its own under the PM-Kisan scheme.
"ours is a pro-farmer government," he added.
Details of the total of 44.93 lakh farmers from Karnataka have been sent to government of India to receive the financial benefit under the PM-Kisan scheme.
Of them, the Centre has approved 34.28 lakh farmers for giving financial benefit.
Karnataka government has earmarked Rs 2,200 crore forpaying each farmer Rs 4,000 per year as additional financialassistance under the PM-KISAN scheme.
The state government has developed a web portalfruitspmk.karnataka.gov.in for maintenance of farmers'database.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
