Prime Minister to launch saturation drive to provide Kisan Credit Cards to all the PM Kisan beneficiaries

New Delhi: Prime Minister Shri Narendra Modi shall launch 10,000 Farmers Producer Organisations all over the country at Chitrakoot, 29th February 2020.

Nearly 86% of farmers are small and marginal with average land holdings in the country being less than 1.1 hectare. These small, marginal and landless farmers face tremendous challenges during agriculture production phase such as for access to technology, quality seed, fertilizers and pesticides including requisite finances. They also face tremendous challenges in marketing their produce due to lack of economic strength.

FPOs help in collectivization of such small, marginal and landless farmers in order to give them the collective strength to deal with such issues. Members of the FPO will manage their activities together in the organization to get better access to technology, input, finance and market for faster enhancement of their income.

Completion of One Year of PM-KISAN

The event shall also witness the completion of one year of the launch of PM-KISAN scheme.

Modi Government has launched the Pradhan MantriKisanSammanNidhi (PM-KISAN) Scheme as an income support scheme for farmers to enable them to take care of expenses related to agriculture and allied activities as well as domestic needs.

Under the Scheme, benefit is provided to the eligible beneficiary to the tune of Rs.6000/- per year. It is payable in three 4-monthly instalments of Rs.2000/- each. The payment is made online directly into the bank accounts of the eligible beneficiaries under Direct Benefit Transfer mode.

The Scheme was launched on 24th February, 2019 and has successfully completed one year of implementation on 24th February, 2020.

In a historic decision in its first cabinet meeting Modi 2.0 Government has decided to extend the PM-KISAN scheme to all the farmers.

Special drive to saturate PM-KISAN beneficiaries with Kisan Credit Cards (KCC)

The Prime Minister shall also be launching a saturation drive for distribution of Kisan Credit Cards (KCC) to all the beneficiaries under the PM-KISAN Scheme, on the 29th February 2020.

Over 6.5 Crore of the approximately 8.5 Crore beneficiaries under PM-KISAN Scheme, possess the Kisan Credit Cards.

The saturation drive shall ensure that the remaining about 2 Crore PM-KISAN beneficiaries are also distributed the Kisan Credit Cards.

A 15 day special drive has been launched from 12th February to 26th February to provide access to concessional institutional credit to all the PM-KISAN beneficiaries wherein a simple one page form has to be filled with the basic data including bank account number, land record details and a simple declaration that he is presently not a beneficiary of KCC from any other bank branch.

All PM-KISAN beneficiaries where applications are received till 26th February will be called to the bank branches on 29th February for handing over the Kisan Credit Cards.

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