One of the most significant allocations in the Indian government’s budget for the fiscal year starting 1 April was made to the Pradhan Mantri Kisan Samman Nidhi Yojana, or PM KISAN, a programme that came into effect from December 2018 to boost farmers’ income support. At Rs 75,000 crore (~$10.5 billion), it is almost 2.5% of the entire budget and is larger than the government’s outlay for the entirety of some sectors, such as healthcare.
Under PM KISAN, farmers are supposed to get Rs 6,000 (~$85) each year in three instalments. Initially, it was only meant for small and marginal …
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