✎ CM-KISAN provides Rs 2,000/year to Odisha farmers via DBT, reducing financial distress.
Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance
Odisha Chief Minister Mohan Charan Majhi recently disbursed over Rs 833 crore as the fifth installment of financial assistance under the CM-KISAN scheme, benefiting more than 41 lakh farmers through direct benefit transfer (DBT). The scheme provides Rs 2,000 each to eligible beneficiaries, including small, marginal, and landless farmers, as well as particularly vulnerable tribal groups (PVTGs), for the Rabi season. The Chief Minister highlighted that no farmer suicides have been reported in Odisha in the last two years, attributing this to the combined benefits of the PM-KISAN and CM-KISAN schemes, along with the state’s minimum support price (MSP) of Rs 3,100 per quintal for paddy.
This initiative is significant for banking, SSC, and RBI Grade B exam aspirants as it underscores the role of government welfare schemes in rural development and financial inclusion. Understanding such schemes helps candidates grasp the interplay between fiscal policies, direct benefit transfers, and socio-economic welfare, which are often tested in exams. Additionally, the mention of MSP and DBT mechanisms reflects broader themes of agricultural policy and poverty alleviation, relevant for both prelims and mains stages of these examinations.
Source: orissapost.com
Generated by AanyaAi for educational purpose.
