Budget: PM-KISAN fund allocation may be trimmed by 20%


Date & Time: 2020-02-20 16:20:16

Agriculture ministry seeks Rs 60,000 cr for FY21 against Rs 75,000 cr in FY20 budget. NEW DELHI: The agriculture ministry has sought 20% less funds for the PM-KISAN scheme — that pays farmers Rs 6,000 a year — for 2020-21 because some states have been slow in identifying beneficiaries, and many existing recipients are yet to be Aadhaar verified. The ministry has sought Rs 60,000 crore for the Pradhan Mantri Kisan Samman Nidhi Yojana for the next fiscal while the government had allocated Rs 75,000 crore for this year, an official familiar with the development told ET.