PM Modi Grants Rs18000 Crore to the farmers on December 25 to over nine crore farmers after the protest against three farm laws.
PM Modi Grants Rs18000 Crore
The fund was released from the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on former PM Atal Bihari Vajpayee’s birthday.
The announcement was made through a video conference by PM Modi addressing the farmers after a massive protest by farmers in India.
The protest was to oppose the three farm laws that were issued by the Modi government. But, the government mentioned that the laws were to help the farmers.
Pm Modi’s Speech Over Video Conference
PM Modi grants Rs18000 crore to the farmers after a huge protest. PM Modi said, “Some are spreading rumours that land will be usurped by companies entering into contracts with farmers.”
“We have worked on mission mode to take the benefits of Kisan Credit Cards in the country.”
“I am satisfied that money is now being transferred directly to the bank accounts of the farmers without any cut, any commission and cheating. This is good governance.”
PM Modi Grants Rs 18000 Crores directly to the bank accounts of farmers.
The PM interacted to a few of the farmers who got a chance to discuss their problems.
He also said, “Bengal is the only state, which is not allowing benefits of the schemes to reach the farmers.”
He said, “Bengal is the only state, which is not allowing benefits of the schemes to reach the farmers.”
PM Modi deposited Rs 2,000 as an instalment to over 9 crore farmers on “Good Governance Day” celebrated on behalf of former PM Atal Bihari Vajpayee’s birth anniversary.
Over Rs 6,000 is given away per year to those who are small and minimal farmers as the payment is made in three instalments of ₹2,000 each.
PM Modi Grants Rs18000 Crore
PM Modi Grants Rs 18000 Crores and the funds are promised to be deposited directly to farmer’s accounts.
Union Home Minister Amit Shah also participated in the video conference where he spoke to selective farmers.
“No corporate can snatch away any farmer’s land as long as Narendra Modi is Prime Minister,” Union Home Minister Amit Shah.
Union Minister Narendra Singh Tomar spoke about the farm laws stating that farmers will learn about the new three farm laws and asked to move forward.
Three Farm Laws
PM Modi grants Rs18000 crores to the farmers after a massive protest against the recent farm laws.
- The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act
- The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Act
- The Essential Commodities (Amendment) Act.
The farm law was initially declared in June. The three Ordinances was conducted before the approval by Parliament.
The Farmers’ Produce Trade and Commerce Act
This law lets farmers sell their crop productions without involving the Agriculture Produce Market Committees (APMCs).
The traders with the licence can buy the produced crops from the farmers without any middle-men at the agreed cost.
The law has no mandi tax forced by the state governments.
Farmers Agreement of Price Assurance and Farm Services Act
This law allows the farmers in the country to contract their farming and market their crops and production freely.
The Essential Commodities Act
This law gives away free things like food grains, pulses, edible oils and onion for the trade only in crises.
The government mentioned that the three laws are to provide new opportunities for the farmers which will benefit them to earn more on their production.
Then Why Protest?
The MSP assurance has emerged as the main sticking point in the farmers’ protest.
There is an apprehension among the farmers that allowing outside-APMC trade of farm produces would lead to lesser buying by the government agencies in the approved mandis.
The MSP system will become pointless, as they fear not having a guaranteed income from their production.