Rs 2.2 lakh crore cash transfer done under PM-KISAN scheme: Sitharaman


New Delhi: Finance Minister Nirmala Sitharaman on Wednesday mentioned that the federal government has made a money switch of Rs 2.2 lakh crore below the PM-Kisan scheme. Presenting the final full finances of the second time period of the BJP-led NDA authorities forward of the 2024 normal elections, he mentioned the federal government’s mission is to advertise a knowledge-based financial system.

He additional mentioned that the Indian financial system has turn into extra organized because of the vital improve in digital funds. Institutional credit score to agriculture sector elevated to Rs 18.6 lakh crore in FY 2021-22 from Rs 15.8 lakh crore in 2020-21. He mentioned that initiatives like PM-Kisan, PM-Crop Insurance Scheme and creation of Agriculture Infrastructure Fund have helped the sector.
With this, the position of digital infrastructure in socio-economic growth has elevated and India has firmly established itself as a data hub, he added.

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