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Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme
Why is it in the news?
- To provide an assured income support to the small and marginal farmers, the Government while presenting the Interim Budget 2019-20 announced the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).
- Pradhan Mantri Kisan Samman Nidhi is a modification of the Rythu Bandhu scheme of the Telangana government, which provides assistance on a per-acre basis (Rs 8,000 per acre per year) without any holding size limit.
More about the scheme
- The programme would be made effective from 1st December 2018 and the first installment for the period upto 31st March 2019 would be paid during this year itself.
