Budget 2019: Farmers Raise Questions on Interim Budget

Farmers from Moradabad raise questions on the interim Budget 2019. 

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Presenting the Budget on 1 February, Piyush Goyal announced that Pradhan Mantri Kisan Samman Nidhi will help vulnerable farmers get direct income support of Rs 6,000 per year. However, farmers from Moradabad raise questions on the Budget.

A sum of Rs 6,000 per year will be given in three instalments and transferred directly to the farmers' bank accounts. The scheme is for farmers with landholding up to two hectares. This initiative will benefit 12 crore small and marginal farmers, at an estimated cost of Rs. 75,000 crore, said Goyal.

Goyal also announced that farmers who are severely affected by natural calamities will get 2% interest subvention and an additional 3% interest subvention upon timely repayment.

While allocating Rs 60,000 crore to MNREGA, Goyal said that efforts have been initiated to bring full representation for economically weak classes, by giving them reservation in jobs and education.

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