Krishi VaartaKrishi Jaagran
Prime Minister Favours Transfer of 5,000 INR to Farmers’ account
The Central Government has instructed the Ministry of Agriculture to submit a relief formula for farmers until 9th January. Sources from the Ministry of Agriculture said that the Prime Minister is in favour of directly sending money to the farmers' account in order to prevent intermediaries. The government is in the process of providing farmers with an average of four to five thousand rupees during the cultivated season. It is estimated to cost approximately 122,000 crore rupees. To avoid any deficiencies in the Center’s formula, the Cabinet Secretary has ordered the ministry's officials to examine the various schemes of the state's agricultural relief schemes. The Cabinet Secretary asked the Member States to assess the expenditure and relief in the farmers' relief schemes and to collect data from across the country. Currently, the
Telangana model is considered to be the best, in which the lump sum is given to farmers by land. Together with the Kisan Kalyan Yojana running in Odisha and Jharkhand and the Bhavantar Yojana of the previous Shivraj Sarkar of Madhya Pradesh, the Universal Basic Scheme has also been included. The central government is not in favour of debt waiver for farmers. He believes that debt relief benefits only those farmers who have received a loan from the bank. Farmers in the country account for about 50% to 55% of the land or land under contracts that do not receive bank loans. In such a situation, the public debt waiver benefits do not reach them. Source: Krishi Jagran, 7 January 2019
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