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PM Modi releases Rs 16,000 crore from Kisan Fund to farmers across country

Prime Minister Narendra Modi.

Prime Minister Narendra Modi inaugurated the two-day PM Kisan Samman Sammelan 2022 on Monday and announced that the 12th instalment of funds to the tune of Rs 16,000 crore has been sent to farmers nationwide.

“Under PM Kisan Fund the 12th instalment worth Rs 16,000 crore has been sent to farmers across India and they will also be provided good quality fertilizer at a lower cost under ‘One nation, one fertilizer’ scheme, PM Modi said.

The ‘Pradhan Mantri Bhartiya Jan Urvarak Pariyojana – One Nation, One Fertilizer’ has been launched with Bharat urea bags, which will help companies market fertilizers under the single brand name ‘Bharat’.

The Prime Minister also pointed out that India had made rapid progress in urea production.

“Today, India is working towards Aatmanirbharta in urea production through the use of nano-urea. This will be a major milestone for the agriculture sector in India. Nano Urea will emerge as a cost-effective medium for farming purposes,” he explained.

PM Modi also said,” From today, work will start to convert over 3.15 lakh fertilizer shops into Pradhan Mantri Samruddhi Kendras. These Kendras will be a one-stop solution catering to all requirements of our Annadatas.”

Prime Minister Modi also inaugurated the Agri Startup Conclave and Exhibition.

About 300 startups showcased their innovation related to precision farming, post-harvest and value-add solutions, allied agriculture, waste to wealth, mechanization for small farmers, supply chain management, and agri-logistics, among others.

The platform will facilitate startups to interact with farmers, farmer-producer organizations, agri-experts, corporates etc. Startups will also share their experience and interact with other stakeholders in technical sessions.

Besides, PM Modi launched ‘Indian Edge’, an e-magazine on fertilizer. It will provide information on domestic and international fertilizer scenarios, including recent developments, price trend analysis, availability and consumption, and success stories of farmers.