Doubling Farmers’ Income Current Affairs - 2020

PM Modi launches 10,000 Farmer Producer Organizations

On February 29, 2020, PM Modi shall launch 10,000 Farmer Producer Organizations at Chitrakoot. The event is being organized to commemorate the successful completion of Pradhan Mantri Kisan Samman Nidhi Yojana.

Significance

There are more than 86% of small and marginal farmers that hold less than 1.1 hectares of land. They face challenges in buying fertilizers, quality seed, pesticides. The Farmer Producer Organization help farmers in addressing these challenges. They help farmers gain better access to market, technology and finance. Therefore, launching more and more of these organizations will help in betterment of life of the farmers.

This will also help GoI in achieving its target of doubling farmers’ income by 2022.

Kisan Credit Card

The PM will also launch a saturation drive on Kisan Credit Card to the beneficiaries PM Kisan Samman Nidhi Yojana. The motive of the drive is to distribute 2 crore cards to the beneficiaries of the scheme. Today, over 6.5 crore cards have been issued under the scheme.

PM Kisan Mobile App launched to succeed “Doubling Farmer Income by 2022”

The successful completion of one year of Pradhan Mantri Kisan Samman Nidhi is being celebrated on February 24, 2020. In order to commemorate its success, PM Kisan Mobile app was launched by the Minister of Agriculture and Farmer Welfare Narendra Singh Tomar.

Highlights

The application helps farmers to learn about their payment status, their eligibility towards a scheme and several other information. The application will help the government to reach farmers easily. It will also act as a platform to deliver information about government schemes and other beneficiaries. This overall will help GoI achieve its goal of “Doubling Farmers’ Income by 2022” easily.

PM Kisan Samman Nidhi

The small and marginal landholders are eligible to receive Rs 6,000 per year under the scheme. The following higher economic status of agricultural sector are not eligible

  • Institutional Land Holders
  • Retired pensioners whose pension is more than Rs 10,000
  • Persons who paid income tax in the last year
  • Professional persons such as lawyer, doctor, engineer, architect, charted accountants, etc.