Lok Sabha Question No. 2001 (UNSTARRED), answered on 2023-08-01
Subject: Terms & Conditions of PM-KISAN
Ministry: AGRICULTURE AND FARMERS WELFARE
Asked by: Chandra Prakash Choudhary

## GOVERNMENT OF INDIA MINISTRY OF AGRICULTURE AND FARMERS WELFARE DEPARTMENT OF AGRICULTURE AND FARMERS WELFARE

## LOK SABHA UNSTARRED QUESTION NO. 2001

TO BE ANSWERED ON 1 ST  AUGUST, 2023

## TERMS & CONDITIONS OF PM-KISAN

2001. SHRI CHANDRA PRAKASH CHOUDHARY:

Will the Minister of Agriculture and Farmers Welfare क ृ िष एवं िकसान कʞाण मंũी be pleased to state:

(a)  the  details  including  the  benefits,  norms,  terms  and  conditions  of  the  ongoing Pradhan  Mantri  Kisan  Samman  Nidhi  Yojana  (PM-KISAN)  for  providing  financial assistance to the farmers by the Government;

(b) the rate of interest at which loans are provided by the Government to the farmers and the rules, terms and conditions and modalities for providing loans;

(c) the number of farmers to whom financial assistance is being provided through PMKISAN in Jharkhand, particularly in Bokaro, Giridih and Dhanbad districts under Giridih parliamentary constituency; and

(d) whether the applications of number of eligible farmers are pending till date and if so, the details thereof?

## ANSWER

## MINISTER OF AGRICULTURE AND FARMERS WELFARE क ृ िष एवं िकसान कʞाण मंũी (SHRI NARENDRA SINGH TOMAR)

(a):  The  Pradhan  Mantri  Kisan  Samman  Nidhi  (PM-KISAN)  is  a  Central  Sector Scheme,  being  implemented  since  1st  December,  2018.    The  Scheme  aims  at providing  financial  assistance  to  landholding  farmer  families  across  the  country, subject to certain exclusion criteria, to enable them to take care of expenses related to agriculture and allied activities as well as domestic needs.  Under the Scheme, an amount of Rs. 6000/- is transferred annually in three equal installments of Rs.2000/directly into the Aadhaar seeded bank accounts of the farmers.

(b): Government of India is implementing Modified Interest subvention Scheme (MISS) to provide short term agri loans availed by farmers through Kisan Credit Card (KCC) at  concessional  rate  of  interest  to  meet  their  working  capital  requirements.  The scheme has been renamed as Modified Interest subvention Scheme (MISS) from the scheme year 2021-22. Under this scheme, farmers are given KCC loan at subvented interest rate of 7%. For this, at present, interest subvention of 1.5% is being given to financial  institutions.  Therefore,  short  term  loans  for  Agriculture  and  other  allied activities  including  animal  husbandry,  dairy,  fisheries  etc.  upto  Rs.  3.00  lakh  is available to farmers at an interest rate of 7% per annum. Additional 3% subvention is also given to the farmers for prompt and timely repayment of loans; thus reducing the effective rate of interest to 4% per annum. In case of short term loan availed for allied activities  only  (other  than  crop  husbandry),  the  loan  amount  upto  Rs.  2.00  lakh  is available at the rate of 7%. Additional 3% interest subvention is also available on it.

(c):  The  number  of  beneficiaries  under  PM-KISAN  in  Jharkhand  including  Bokaro, Giridih and Dhanbad is enclosed as annexure-I.

(d): Under the scheme the State/UT Governments are responsible for identifying and verification of the beneficiaries as per the guidelines of the scheme and upload the correct data on the PM-KISAN portal. The Central Government releases the benefits to the eligible beneficiaries verified by the State/UT Governments.

In the Jharkhand State, 13,02,819 has been provided the benefits of the 14th instalment.

## Annexure -I

## Details of beneficiaries under PM-KISAN in Jharkhand

| S.No   | State Name   | District Name       | No. of Beneficiaries   |
|--------|--------------|---------------------|------------------------|
| 1      | JHARKHAND    | BOKARO              | 60,446                 |
| 2      | JHARKHAND    | CHATRA              | 1,87,975               |
| 3      | JHARKHAND    | DEOGHAR             | 2,51,457               |
| 4      | JHARKHAND    | DHANBAD             | 84,175                 |
| 5      | JHARKHAND    | DUMKA               | 1,21,097               |
| 6      | JHARKHAND    | EAST SINGHBUM       | 1,13,347               |
| 7      | JHARKHAND    | GARHWA              | 2,59,058               |
| 8      | JHARKHAND    | GIRIDIH             | 1,43,875               |
| 9      | JHARKHAND    | GODDA               | 1,19,551               |
| 10     | JHARKHAND    | GUMLA               | 92,213                 |
| 11     | JHARKHAND    | HAZARIBAGH          | 2,10,622               |
| 12     | JHARKHAND    | JAMTARA             | 1,00,934               |
| 13     | JHARKHAND    | KHUNTI              | 55,885                 |
| 14     | JHARKHAND    | KODERMA             | 47,804                 |
| 15     | JHARKHAND    | LATEHAR             | 85,358                 |
| 16     | JHARKHAND    | LOHARDAGA           | 45,258                 |
| 17     | JHARKHAND    | PAKUR               | 99,501                 |
| 18     | JHARKHAND    | PALAMU              | 2,06,806               |
| 19     | JHARKHAND    | RAMGARH             | 53,885                 |
| 20     | JHARKHAND    | RANCHI              | 1,71,358               |
| 21     | JHARKHAND    | SAHEBGANJ           | 62,152                 |
| 22     | JHARKHAND    | SARAIKELA KHARSAWAN | 74,197                 |
| 23     | JHARKHAND    | SIMDEGA             | 31,247                 |
| 24     | JHARKHAND    | WEST SINGHBHUM      | 1,07,705               |
| Total  | Total        | Total               | 27,85,906              |

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