Centre pays Rs 50,850 crore to farmers under PM-KISAN scheme

The Centre on Saturday said it has disbursed Rs 50,850 crore to farmers so much underneath its landmark scheme PM-KISAN, enabling them to satisfy farm input value and house expenses.

The Agriculture Ministry shared the development manufactured underneath the scheme, forward of its very first anniversary on February 24.

The PM-KISAN was formally released on February 24 final yr by Primary Minister Narendra Modi at Gorakhpur, Uttar Pradesh.

Under the scheme, the Centre transfers an quantity of Rs 6,000 for each yr, in a few equal instalments, instantly into the bank accounts of the farmers, subject to specified exclusion standards relating to bigger revenue position.

“February 24, 2020 is the 1st anniversary of setting up of a new Central Sector Plan, specifically, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN),” an official assertion said.

The scheme was released to offer revenue help to all landholding farmers’ families throughout the region and

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IRCTC jumps 12.5% on strong Q3 nos; Co announces interim dividend of Rs 10

Indian Railway Catering and Tourism Corporation (IRCTC), the lately-outlined on-line ticketing, tourism and the catering arm of railways, jumped more than 12 for each cent on Thursday, a day just after the firm posted solid established of quantities for the quarter ended December 31, 2019.

At 09:28 am, the inventory was quoting around ten for each cent larger at Rs 1,559 apiece on the BSE. It strike a high of Rs 1,596.ninety five in the early trade in opposition to prior near of Rs 1,418.ninety five. In comparison, the S&P BSE Sensex was buying and selling .fourteen for each cent reduce at 41,508 stages.

For the quarter underneath evaluation, IRCTC posted a whopping 178 for each cent year-on-year (YoY) jump in its internet earnings at Rs 206 crore in opposition to Rs seventy four crore earnings in the corresponding quarter of the prior fiscal.

Full revenue throughout the period of

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