Pradhan Mantri Kisan Samman Nidhi Current Affairs - 2019

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B S Yeddyurappa sworn in as Chief Minister of Karnataka

State BJP President B.S. Yediyurappa (76) took oath as 31st Chief Minister of Karnataka by Governor Vajubhai Vala. His appointment comes 3 days after collapse of Congress-JD(S) government. He is set to take floor test on 31 July 2019 to prove his majority.

This is for 4th time Yediyurappa’s is being sworn as Chief Minister however he has never completed full term as CM.

Key Highlights

Swearing in came after weeks of political drama in Karnataka state politics and legal battle triggered by resignation of 15 rebel Congress and JDS MLAs that led to the fall of Congress-JD(S) coalition government led by HD Kumaraswamy as Chief Minister.

He was the lone person to be sworn in and is expected to decide on members of his Cabinet after consulting party president Amit Shah.

Chief Minister BS Yediyurappa would call Karnataka assembly session for moving motion of confidence and passage of finance bill on 29 July and legislative council would begin its proceedings on July 30.

Announcements Made:

After a Cabinet meeting, he announced loan waiver of ₹100 crore borrowed by weavers before 31 March 2019.

He also announced sops for farmers and weavers. It includes an additional sum of Rs.4,000 in 2 instalments would be given to farmers from State government under the Pradhan Mantri Kisan Samman Nidhi (PMKSM), which will take total benefit to Rs.10,000, including Rs.6,000 from Centre.

Bulletin: Cabinet extends PM-KISAN to all farmers

The Union Cabinet chaired by Prime Minister Narendra Modi has comprehensively extended ambit of Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) to all land holding eligible farmer families who will avail benefits under the scheme (but subject to existing exclusion factor).

The revised scheme is expected to cover around 2 crore more farmers and increase total coverage of PM-KISAN to around 14.5 crore beneficiaries. It also costs Central Government around Rs. 87,217.50 crores for year 2019-20.

Key Features of PM-KISAN

  • It was announced in interim Budget for the year 2019-2020 and launched on 24th February 2019 in Gorakhpur, Uttar Pradesh where the first rounds of instalments was paid to several farmers.
  • It provides beneficiary farmers income support of Rs. 6000. This amount is released in three four (quaterly)-monthly instalments of Rs.2000 each over the year. It is credited directly into the bank accounts of the beneficiaries held in destination banks through Direct Benefit Transfer mode.
  • The previsions criteria for small and marginal landholder farmer families to avail this benefit was cultivable land holding upto 2 hectare across the country.
  • So far, 1st instalment to 3.11 crore beneficiaries and 2nd instalment to 2.66 crore beneficiaries have been credited directly to the bank accounts of the farmer families.