May 14, 2026 05:01 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
ECI announces third phase of SIR; Himachal, J&K, Ladakh excluded for now | Storm fury in Uttar Pradesh: Death toll rises to 89 as rain, gale-force winds leave trail of destruction | Congress ends 10-day suspense, names V.D. Satheesan as new Kerala CM | Delhi woman allegedly gang-raped inside sleeper bus; 2 arrested | Vijay-led TVK wins Tamil Nadu floor test as AIADMK split plays out | Congress veteran Sonia Gandhi admitted to Medanta Hospital in Gurugram | PM Modi halves convoy size after austerity call | Mulayam Singh's younger son Prateek Yadav dies at 38 | Protests erupt in Delhi after NEET UG 2026 cancellation over alleged paper leak | AIADMK cracks widen after Tamil Nadu defeat; faction backs Vijay-led TVK government

FM Goyal promises Rs 6,000 a year for small farmers in Interim Budget

| @indiablooms | Feb 01, 2019, at 12:17 pm

New Delhi, Feb 1 (IBNS): Finance minister Piyush Goyal on Friday announced that the Centre would give Rs 6,000 a year to vulnerable farmers.

Speaking in Parliament delivering the current government's last budget before the general elections, Goyal said: "This amount will be transferred directly to the farmers' bank accounts in three instalments of Rs 2,000 each."

This will be come under the PM Kisan Samman Nidhi scheme and farmers with less than two hectares will be eligible for this.

"The government will form a list of beneficiaries and transfer the amounts at the earliest." he said.

The minister also announced setting up a separate fisheries department and subsidy and said the Narendra Modi government had increased minimum support price of farming products by 50 per cent, thereby increasing the income of farmers.

With an eye on the Lok Sabha polls and winning votes to return to power at the Centre, Congress President Rahul Gandhi last Monday promised that his party would ensure minimum income guarantee for every poor in the country if the Congress-led government was formed after the general elections this year.

Attacking Prime Minister Narendra Modi and his government, Rahul Gandhi said he was trying to create two India- 'one of the Rafale scam, Anil Ambani, Nirav Modi, Vijay Mallya, Mehul Choksi and the other of the poor farmers'.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.