Every section of the country has high expectations from the Union Budget to be presented on 1 February 2025, but the eyes of the farmer class are especially on this budget. There has been a demand for increasing the amount of installment received under the Prime Minister Kisan Samman Nidhi Nidhi (PM KISAN) scheme for a long time. At present, farmers get Rs 6,000 annually, which has intensified the demand for Rs 10,000. If the government announces this in this budget, then it will be a big relief for the farmers.
Will Modi government give gift to farmers in the budget?
This budget will be the first full budget of the third term of the Modi government. Therefore, it is expected that Finance Minister Nirmala Sitharaman may make some big announcements. There has been talk of increasing the amount of PM Kisan Yojana earlier, but this time there are more expectations that the government can take some concrete steps on it.
PM Kisan Samman Nidhi Yojana: boon for farmers
The Pradhan Mantri Kisan Samman Nidhi Yojana was started on 1 December 2018. Its purpose is to provide financial help to small and marginal farmers. Under this scheme, the government gives farmers Rs 6,000 annually in three installments. This money is transferred directly to the bank account of the farmers, so that there is no scope for corruption.
So far, the government has released 18 installments, and the 19th installment is expected to come in February 2025. If this budget announces to increase the amount of the scheme, then it will be like a golden opportunity for the farmers.
Why is more financial assistance to farmers?
Farmers say that the amount of Rs 6,000 is not sufficient due to rising expenses of inflation and farming.
- Prices of fertilizer, seeds, pesticides and agricultural equipment are continuously increasing.
- Due to change in weather and natural disasters, farmers have to suffer major losses.
- Rising prices of diesel and electricity are also making farming expensive.
If the government pays this amount at Rs 10,000 per year, then farmers will be able to invest more in their farming and their financial condition will be strong.
Increased installment will directly benefit farmers
If the amount of PM Kisan scheme is increased in the budget 2025, then millions of farmers will benefit from it.
- Farmers will be helped to increase investment in farming.
- There will be facility to buy better manure and seeds.
- The improvement of the quality of the crop will also increase their income.
- The rural economy will be strengthened.
What do farmers have expectations from budget 2025?
The biggest hope of farmers is that the government should increase their financial help. If the government increases the amount of PM KISAN scheme from 6,000 to 10,000 rupees, then it can bring a big change in the lives of farmers. This will not only strengthen their economic condition, but will also strengthen the entire agricultural sector.
Now everyone is eyeing the Union Budget to appear on 1 February 2025. It will be seen what special gifts the government gives to the farmers and will this budget actually be able to take the agricultural sector to new heights.