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Interim Budget 2019: Income support scheme leaves farmers unhappy

Rs 6,000 a year being called a 'pittance'; land records another issue

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Interim Budget 2019  |  Budget 2019  |  Interim Budget

Sanjeeb Mukherjee 

Having lost three key state elections in the Hindi heartland on account of farmers’ anger over falling prices, Finance Minister Piyush Goyal announced that the government would transfer Rs 6,000 a year into the bank accounts of all eligible small and marginal farmers to meet their investment needs.

Titled PM-KISAN (Pradhan Mantri Kisan Samman Nidhi), the support will be provided in three equal instalments of Rs 2,000 each in a year. “There is a need for providing structured income support to the poor land-holder farmer families in the country for procuring inputs such as seeds, ...

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First Published: Fri, February 01 2019. 21:33 IST