Government weighs doubling cash support for women farmers
The Business Guardian|January 10, 2024
Ahead of the impending general election, Indian Prime Minister Narendra Modi's government is reportedly contemplating a substantial increase in annual payouts to female landowning farmers, aiming to double the amount to Rs 12,000.
Government weighs doubling cash support for women farmers

Sources familiar with the matter revealed this potential move, suggesting it as a strategic step likely to resonate with women voters.

Aenea Expected to be formally announced during the upcoming budget on February 1, this proposal could incur an additional expenditure of Rs 12,000 crore for the government, as stated by the sources, who opted for anonymity while discussing a budgetary proposal.

This augmentation seeks to enhance an existing initiative, the "Pradhan Mantri Kisan Samman Nidhi" program, which currently disburses Rs 6,000 annually to both male and female farmers. Since its inception, this program has allocated over Rs 281,000 crore to more than 110 million farmers across 15 installments until November last year, as per government estimates.

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