Pradhan Mantri Kisan Samman Nidhi

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Pradhan Mantri Kisan Samman Nidhi (PMKISAN, translation: Prime Minister's Farmer's Tribute Fund) is an initiative by the government of India that give farmers up to ₹6,000 (US$62) per year as minimum income support. The initiative was announced by Piyush Goyal during the 2019 Interim Union Budget of India on 1 February 2019. The scheme has cost ₹75,000 crore (equivalent to ₹1.0 trillion or US$11 billion in 2026) per annum and came into effect December 2018.

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