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MGNREGS mess: Job card holders awaiting incentives

MGNREGS mess: Job card holders awaiting incentives
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PM Kisan Beneficiaries Can Now Get Loans at Low Interest Rate

PM Kisan Beneficiaries Can Now Get Loans at Low Interest Rate Jul 25, 2021, 13:17 IST The PM Kisan, a Central Sector scheme is providing income support of Rs 6,000 per year to farmers for crop investment.PM Kisan beneficiaries can now avail of low-interest loans through Kisan Credit Cards(KCC).   The PM Kisan Samman Fund is a scheme that benefits farmers by the Central government. It is known that Rs. 6,000 is being provided to the farmers for agricultural investment in three installments per year. However, PM Kisan Credit Cards are also easily available to PM Kisan beneficiaries. Through the PM Kisan scheme, farmers can avail of loans at very low interest rates. This eliminates the need for farmers to borrow money at high interest rates in the market. Besides this, the farmers will be given a loan up to Rs 3 lakh without any security and complimentary insurance coverage is also available.

Cabinet approves draft ordinance

Cabinet approves draft ordinance Updated: Updated: Welfare fund board for MGNREGS workers Share Article Welfare fund board for MGNREGS workers The State Cabinet on Wednesday decided to recommend the Governor to promulgate an ordinance for the setting up of a welfare fund board for Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS) and Ayyankali Employment Guarantee Scheme workers. As per the ordinance, the workers will get pension, medical assistance, educational aid for their children and other benefits. The Cabinet has approved a draft in this regard, which has provision to provide pension for those who have completed the age of 60 and have paid their contributions continuously till that age, for not less than five years. If a member passes away, the family will get the financial aid. Around 12 lakh workers, with 11 lakh of them from MGNREGS, stand to benefit from the scheme.

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