In a significant move ahead of the upcoming Bihar assembly elections, Prime Minister Narendra Modi disbursed ₹22,000 crore under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme. The funds were transferred directly to the bank accounts of 9.8 crore farmers nationwide, including 75 lakh beneficiaries in Bihar. This event, held in Bhagalpur, underscores the government’s commitment to farmer welfare and aims to bolster support in the region ahead of the elections.
Event Highlights
Massive Fund Transfer
During the event, Prime Minister Modi highlighted the seamless transfer of funds, emphasizing the government’s dedication to supporting the agricultural community. He stated, “Nearly ₹22,000 crore has been sent to bank accounts of farmers across the country in a single click.” This initiative ensures that financial aid reaches farmers without any intermediaries, promoting transparency and efficiency.
Focus on Bihar’s Agricultural Potential
The Prime Minister announced several initiatives aimed at enhancing Bihar’s agricultural landscape:
- National Institute of Food Technology and Entrepreneurship: To be established in Bihar, this institute will provide advanced training and support to food entrepreneurs, fostering innovation in the state’s food processing sector.
- Centers of Excellence in Agriculture: Three centers will be set up in Bhagalpur, Munger, and Buxar, focusing on crops like Jardalu mangoes, tomatoes, onions, and potatoes. These centers aim to provide research and development support to enhance crop yields and quality.
Promotion of Makhana (Fox Nut)
Recognizing the nutritional value and market potential of makhana, a popular produce in Bihar, PM Modi emphasized its promotion. He shared a personal anecdote, stating, “I eat makhana on at least 300 out of 365 days a year.” The government plans to establish a Makhana Board to support farmers in production, processing, and marketing, aiming to introduce this superfood to global markets.
Political Implications
Strategic Timing
The disbursement of funds and announcement of development projects come at a crucial time, with Bihar’s assembly elections on the horizon. By choosing Bhagalpur, a region traditionally considered an opposition stronghold, for this significant event, the Prime Minister aims to make inroads and garner support in areas where the ruling party seeks to strengthen its presence.
Critique of Opposition
In his address, PM Modi criticized previous administrations for neglecting Bihar’s development. He remarked, “The long rule of the Congress and the RJD did huge damage to Bihar.” This statement underscores the government’s narrative of bringing progress and prosperity to the state, contrasting it with past governance.
Economic Impact
Direct Benefit Transfer (DBT) Efficiency
The use of DBT ensures that financial assistance reaches farmers directly, minimizing leakages and delays. This method has been lauded for its effectiveness in delivering support to the intended beneficiaries promptly.
Boost to Local Economy
The infusion of ₹1,600 crore into Bihar’s rural economy is expected to stimulate economic activities, especially in the agricultural sector. Farmers can utilize these funds for purchasing seeds, fertilizers, and other essential inputs, leading to improved crop production and increased income.
Future Prospects
Infrastructure Development
The Prime Minister announced plans to allocate ₹1,100 crore for constructing four new bridges in Bihar. This infrastructure development is poised to enhance connectivity, facilitate trade, and contribute to the overall economic growth of the state.
Empowerment of Farmer Producer Organizations (FPOs)
The event also marked the formation of the 10,000th FPO in Bihar. These organizations play a pivotal role in aggregating small farmers, providing them with better access to markets, and enhancing their bargaining power. The government’s support to FPOs is expected to lead to more organized and profitable farming practices.
Prime Minister Narendra Modi’s recent visit to Bhagalpur, Bihar, underscores the government’s commitment to farmer welfare and state development. The disbursement of ₹22,000 crore under the PM-KISAN scheme, coupled with the announcement of various infrastructure and agricultural initiatives, aims to bolster the state’s economy and improve the livelihoods of its farmers. As Bihar approaches its assembly elections, these measures are poised to play a significant role in shaping the political and economic landscape of the region.
Follow Swadesi for more updates!
