PM-Kisan support may zoom 50%
Financial Express Mumbai|August 22, 2023
FARMERS MAY GET UP TO ₹3,000 MORE | Procurement under MSP to be stepped up
SANDIP DAS & PRASANTA SAHU
PM-Kisan support may zoom 50%

THE CENTRE IS considering increasing the income support to farmers under the PMKisan scheme by ₹2,000-3,000 per farmer household, from ₹6,000 now, and stepping up procurement under the minimum support price (MSP) to ensure that rural income levels don't fall in real terms.

The proposals in this regard are before the Prime Minister's Office, senior officials told FE. On an annualised basis, the move could cost the exchequer ₹20,000-30,000 crore.

Though it is still not decided when the additional income support will be rolled out, it could be ahead of the Assembly elections in four states, including Rajasthan, Madhya Pradesh and Chattisgarh.

Agriculture contributes to 40% of Madhya Pradesh's gross state domestic product while it is around 27% each in case of Rajasthan and Chattisgarh. These states, with substantial agrarian population, will go to elections by November-December.

هذه القصة مأخوذة من طبعة August 22, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة August 22, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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