financetom
Economy
financetom
/
Economy
/
Farmers receive first installment of PM Kisan Scheme: Here's what experts have to say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Farmers receive first installment of PM Kisan Scheme: Here's what experts have to say
Mar 9, 2019 7:15 AM

A controversy has erupted after FM Arun Jaitley tweeted that Karnataka has sent only 60,000 names to the centre so far, for the PM Kisan scheme. Karnataka government has disputed that statement and has said that it has already updated 3 lakh names on the national portal. CNBC-TV18 spoke to Siraj Hussain, former agri secretary to discuss the PM Kisan scheme.

Hussain said, "I think coverage of 2.3 crore farmers in such a short period of time is a great achievement for the government and it will surely be used during the election campaign, especially in major states of UP, Maharashtra, Madhya Pradesh etc. Also I find that my ex-colleagues in the UP cadre of IAS have done a very good job because in a very short period of time they have been able to collate the records of land holding with the bank accounts and other details of various beneficiaries, even the Aadhaar number has been linked even though government of India did not make it mandatory. So, all this work has been done by the revenue department of UP government in collaboration with agriculture department in a very short period of time. Some 75 lakh farmers in UP have received the money according to a report in Business Line, you have said 80 lakh farmers. So, well done UP and I only hope that other states will also do it fast enough."

He further added, "It is very clear that several states do not want to share this data with the central government because they may be thinking that the credit for this will then go to the central government and they are right in assuming that. I wrote an article in Mint last week in which I said very clearly that in this scheme there is no share of the state government. This very government in 2015-16 had changed the funding pattern of a large number of schemes when the allocation on the recommendation of the 14th Finance Commission was increased from 32 percent to 42 percent. In PM Kisan for political reasons, if I may say so, it was decided that the states will not have any share. So, it is very clear that the states see that if the money is actually transferred then all the credit will be taken by the central government. So, that is perhaps explaining the reluctance of several states in sharing the data with the central government. I am sure they have the data but they do not want to share it."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
India's digital advancements | Full Q&A with Rajeev Chandrasekhar, MoS Electronics & IT
India's digital advancements | Full Q&A with Rajeev Chandrasekhar, MoS Electronics & IT
Aug 19, 2023
India's impressive trajectory of bilateral engagements, combined with the nation's notable advancements in the past nine years and Prime Minister Narendra Modi's vision for digital public infrastructure and governance digitization, has garnered significant global interest. Rajeev Chandrasekhar, MoS-Electronics and IT, highlighted that various countries are increasingly eager to adopt, replicate, and incorporate these innovative concepts within their own governmental and national frameworks, as he shared in an interview with CNBC-TV18.
Apple’s production in India set to increase fivefold to $40 billion over the next five years
Apple’s production in India set to increase fivefold to $40 billion over the next five years
Sep 24, 2023
Apple manufacturers iPhones in India and has plans to start manufacturing Airpods from next year. The officer said that Apple has no immediate plans to make iPads or its laptops in India.
India offers bigger digital growth opportunity, says Mastercard's CEO
India offers bigger digital growth opportunity, says Mastercard's CEO
Aug 26, 2023
India's digital transformation journey, as discussed at the B20 Summit 2023, is a testament to the nation's dedication to innovation and its potential to shape the global digital landscape. The collaborative efforts of the public and private sectors, coupled with the empowerment of women entrepreneurs, make India a dynamic force in the digital world. Companies like Mastercard continue to play a vital role in driving this transformation, ensuring that India's digital journey remains an inspiring success story for the world to emulate.
Digital Competition Law panel's term extended till October 31: Regulator
Digital Competition Law panel's term extended till October 31: Regulator
Oct 10, 2023
Competition Commission of India (CCI) Chairperson Ravneet Kaur also said the watchdog is keeping a close eye on Big Tech, global players, and gatekeeper platforms; and that changes in deal value thresholds are coming soon.
Copyright 2023-2025 - www.financetom.com All Rights Reserved