West Bengal Cabinet approves doubling financial aid to farmers to Rs 10,000

The Trinamool Congress (TMC) election manifesto had promised to increase the annual financial aid to farmers from Rs 5,000 to Rs 10,000 under the Krishak Bandhu scheme.

  • Publish Date - 2:10 pm, Fri, 11 June 21
West Bengal Cabinet approves doubling financial aid to farmers to Rs 10,000
Mamata Banerjee headed a Cabinet meeting where it was decided to double the farmer's financial aid under the state's Krishak Bandhu scheme. (Picture Credit: PTI)

Kolkata: The West Bengal Cabinet on Thursday gave its nod to increase the assistance to farmers from Rs 5,000 per acre per year to Rs 10,000 under the Krishak Bandhu scheme, an official said. The decision is expected to benefit around 68.38 lakh small and marginal farmers across the state. The move is in line with the promise made in Trinamool Congress (TMC) election manifesto

“The Cabinet today agreed to increase the assistance to Rs 10,000 for small and marginal farmers under the Krishak Bandhu scheme,” an official in the secretariat said.

The farmers will receive the amount in two instalments during the year while those who were eligible for Rs 2000, will now get Rs 4,000. However, there is no change in the scheme’s death benefit.

What is the Krishak Bandhu scheme?

Launched in January 2019, it aims to provide assured financial assistance and a sense of financial security to all farmers and their families of the state. It provides farmers having one or more acres of landholding with an annual amount of Rs 5,000 assistance with a minimum of Rs 2,000 per annum assistance on a pro-rata basis.

Other benefits of the scheme

Under its ‘Death Benefit Scheme’, in the event of the death of a farmer, the bereaved family will be provided with a one-time grant of Rs 2 lakh.

The Cabinet meeting in which the move was passed, was chaired by Chief Minister Mamata Banerjee and saw the participation of several senior ministers, according to an official.

(With inputs from PTI)

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