“PM MODI RELEASES 17TH PM-KISAN INSTALLMENT IN VARANASI VISIT”

Why in the news?

  • PM Modi released the 17th installment of PM-Kisan Samman Nidhi, providing over ₹20,000 crore to 92.6 million beneficiary farmers.
  • Visit to Varanasi marks his first after taking oath for a third consecutive term, focusing on agricultural support and self-help groups.
source:mygov

About Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana:

  • PM-KISAN: Central-Sector scheme with 100% funding from the Government of India.
  • Objective: Supplement financial needs of farmers for crop health and yields.
  • Operational since 1.12.2018.
  • Provides ₹6,000/year in three equal installments to land-holding farmer families.
  • Family definition: husband, wife, and minor children.
  • State Governments/UT administrations identify eligible farmer families.
Key facts about Varanasi:

  • Ancient City: Varanasi is one of the world’s oldest continually inhabited cities.
  • Spiritual Hub: Known as the spiritual capital of India, it is a major center for pilgrimage and worship.
  • River Ganges: The city is situated on the banks of the sacred river Ganges.
  • Ghats: Famous for its numerous ghats, steps leading to the banks of River Ganges, used for bathing and cremation rites.
  • Temples: Home to Kashi Vishwanath Temple, one of the most famous Hindu temples dedicated to Lord Shiva.
  • Silk Weaving: Renowned for its silk weaving industry and Banarasi sarees.
  • Education: Hosts the prestigious Banaras Hindu University, one of the largest residential universities in Asia.

Associated Article:

https://universalinstitutions.com/the-pm-kisan-model/

https://universalinstitutions.com/direct-income-transfer-to-farmers-can-improve-production-increase-resilience-to-market-volatility-and-encourage-adoption-of-new-farming-techniques-analyze-the-various-benefits-and-bottlenecks-of-the/