Madhya Pradesh government is going to launch the ‘Mukhya Mantri Kisan Kalyan Yojana’ by following the path of Pradhan Mantri Kisan Samman Nidhi which is an initiative of the central government.

Highlights

=> Existing beneficiaries of Pradhan Mantri Kisan Samman Nidhi who are getting Rs. 6,000 per annum, will also be getting additional financial assistance of Rs. 4,000 under the announced scheme. Thus, in total, the farmers would be getting annual assistance to be Rs. 10,000.

=> Around 80 lakh farmers will be benefitted from the announced Chief Minister Kisan Kalyan Yojana.

=> The state government also plans to integrate the farmer-friendly schemes.

=> This announcement was made in the Sabko sakh- Sabka Vikas program that was attended by Chief Minister Shivraj Singh Chouhan.

Sabko Sakh- Sabka Vikas Program

Sabko Sakh-Sabka Vikas Program was organised under the Garib Kalyan Week in Bhopal on September 22, 2020. The Chief Minister of the state addressed the programme and deposited Rs. 800 crores in the accounts of the cooperative banks and societies. He also disbursed the credit cards and loans to the farmers. Kisan Credit Cards were also provided by the chief minister to 63,000 beneficiaries. Further, a loan of Rs. 122 crores were given to 35,532 farmers by cooperative societies.

Pradhan Mantri Kisan Sammann Nidhi

It is an initiative of the Indian government announced by the Union Minister Piyush Goyal during the interim Union Budget of India, 2019. It came into effect in December 2019. It provides all the farmers up to Rs. 6000 per year  in three installments as minimum income support. The support money is directly transferred to the farmer’s bank accounts. The total cost of the scheme is  Rs. 75,000 crores per annum.