In the general budget, the eyes of the farmers were fixed on the PM Kisan Yojana. Farmers were hoping that this time an increase in the amount of the scheme would be announced, but this has not happened. However, the Finance Minister informed that more than 11 crore farmers of the country get the benefit of PM Kisan Yojana and more than 4 crore farmers get the benefit of crop insurance scheme.

The general budget for the financial year 2024-25 has been presented in the Parliament. Finance Minister Nirmala Sitharaman has made many big announcements in this budget. Farmers had high expectations from the general budget. Farmers were hoping that the amount of PM Kisan Yojana would be increased in this budget, but no such announcement was made.

The government made several announcements for development in the agriculture sector, but the farmers were disappointed due to the lack of increase in the amount of PM Kisan Yojana. The farmers were hoping that this time the government would increase the amount of PM Kisan Yojana.

When was the plan started?

Let us tell you that the PM Kisan Yojana was announced in the budget in February 2019. The interim budget was presented in February this year and this budget was presented by the then Finance Minister Piyush Goyal. Currently, more than 9 crore farmers get the benefit of PM Kisan Yojana.

Under this scheme, farmers get an amount of Rs 6000 annually. This amount comes in the form of installments in the farmers' accounts. Every four months, Rs 2000 each is transferred to the farmers' accounts. In June this year, the government transferred the 17th installment to the farmers' accounts.

Finance Minister Nirmala Sitharaman said in the budget speech that 11.8 crore farmers have benefited from the PM Kisan Yojana. Apart from the PM Kisan Yojana, more than 4 crore farmers get the benefit of the Pradhan Mantri Fasal Bima Yojana. In last year's budget, Rs 13,625 crore was allocated for the Fasal Bima Yojana.

Big announcements made for farmers

The Finance Minister has made many big announcements for farmers in the General Budget 2024. The Finance Minister said that the government's focus is on the agriculture sector.

The Finance Minister said that the focus of the government will be on bringing productivity and flexibility in agricultural production. The government will help 1 crore farmers to do natural farming in the coming 2 years. The government will launch a mission for pulses and oilseeds. The Finance Minister said that digital public infrastructure will be created for farming. Kisan Credit Card will be launched in 5 states so that more and more farmers can get the benefit of the scheme.