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COMPENDIUM, IEEC-2023   ( ISBN : 978-81-967860-4-5 )
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Theme- 5: Capacity Building to Address Diverse Resource Management Issues towards Sustainable Agri-food Systems

Assessment of Utilization Pattern of the money received by beneficiary farmers in PM-Kisan Samman Nidhi Scheme

Rishabh Singh Gaur, Arun Kumar Paswan, Srishti Paliwal & Hardeep Singh

ICAR-NDRI, Karnal, Jewels Road, Haryana, 132001
rishabhsg98@gmail.com

Abstract

The Indian economy is based mostly on agriculture. For Indian households, it serves as their main source of income. Indian agriculture is presently facing enormous difficulties, and farmer despair and suicides have greatly grown since the early 1990s. To address this dreadful situation, the government modifies a number of laws and initiatives pertaining to farmer welfare. In order to help farmers purchase different agricultural supplies, the national government launched the PM-Kisan Samman Nidhi plan in December 2018. The program started paying out in February 2019. It provides each qualifying farmer with 6,000 rupees (Rs) each year, distributed in three installments of 2,000 rupees each. The PM-Kisan Samman Nidhi proposal is an obvious departure from the conventional means of aiding farmers and goes far beyond them, especially in the case of farmers with limited resources and serious financial problems. The results may, in principle, be related to the choice of technology and practices, which may have a significant effect on farmers' welfare and income. A direct credit transfer technique like PM-Kisan can revolutionize the game and have a significant influence if implemented appropriately. The study's objective was to look at how recipient farmers in PM-Kisan Samman Nidhi used the funds they received and how that usage related to the socioeconomic and individual elements that were chosen for the investigation. The investigation is focused on the Kanpur Dehat area of Uttar Pradesh. Kanpur Dehat district is composed of eleven blocks. There were 10 blocks altogether, and only two were chosen on purpose. The study's objectives included 120 PM-Kisan individuals as its sample. The data were gathered by personally interviewing respondents and going to their farms and homes.

IEEC-2023 at RARI (SKNAU, Jobner), Jaipur, Rajasthan organised by Society of Extension Education, Agra, India