Rajasthan CM Bhajan Lal launched 'Chief Minister Kisan Samman Nidhi Yojana'

Current Context: On June 30, 2024, Rajasthan Chief Minister Bhajan Lal Sharma inaugurated the Mukhya Mantri Kisan Samman Nidhi Yojana in Tonk.

• Objective: The scheme aims to provide financial assistance directly to farmers, ensuring their economic well-being and supporting agricultural activities.
• Eligibility Criteria:
• Farmers: Approximately 65 lakh farmers in Rajasthan are eligible to receive benefits.
• Landholding: The scheme covers small and marginal farmers with landholdings up to a certain limit (specific details may vary).
• Financial Aid:
• Direct Benefit Transfer: Under the scheme, eligible farmers will receive financial aid directly into their bank accounts.
• ₹650 Crore: The first installment of financial assistance amounts to ₹650 crore.
• Complementary Initiatives:
• The scheme complements existing programs such as crop insurance, electricity subsidies, and irrigation projects.
• It aims to enhance overall agricultural productivity and improve farmers’ livelihoods.

Question:

1 What is the objective of the Mukhya Mantri Kisan Samman Nidhi Yojana launched by Rajasthan Chief Minister Bhajan Lal Sharma?

• A) To promote agricultural exports
• B) To provide financial assistance directly to farmers
• C) To establish agricultural research institutes
• D) To implement organic farming techniques

Answer: B) The scheme aims to provide financial assistance directly to farmers, ensuring their economic well-being and supporting agricultural activities.