As the central government will present its FY25 budget on July 23, 2024, many updates are expected on PM Kisan Samman Nidhi and Pradhan Mantri Awas Yojana.

Pradhan Mantri Kisan Samman Nidhi Scheme: Women and farmers will be the focus in the upcoming budget presented by Nirmala Sitharaman on July 23, 2024. In the results of the Lok Sabha elections, the BJP suffered a major setback in some states. Considering the upcoming assembly elections, the party may focus on different sections and states in the budget.

According to the Money Control report, Rs 1,000 per month could be the new installment amount while transferring the amount to farmers. PM Kisan Samman Fund. Also cash transfer for below poverty line women could be a focus area in Modi 3.0 budget.

' said two people with knowledge of the budget discussions Money Control The annual payout to farmers under the PM Kisan Samman Nidhi may go up to Rs 12,000,' the report states.

PM Kisan Samman Fund

At present, Rs 2,000-2,000 is given thrice a year to small landholding farmers, that is, every year the central government provides financial assistance of Rs 6,000 to farmers. Now the central government is thinking of increasing this amount to Rs 12,000 per annum. Also, instead of the current three-month installment cycle, farmers will be paid Rs 1,000 per month.

A scheme to transfer Rs 1 lakh to below poverty line women may also be announced in the budget.

Pradhan Mantri Awas Yojana, other schemes focusing on assembly elections

Pradhan Mantri Awas Yojana is a success story of rural housing scheme of Govt. The plan can be more focused in the budget. 2.94 crore houses have been sanctioned till 12 June 2024 and 2.62 crore houses have been completed.

At the same time, assembly elections will be held in the state in a few months from now. Elections will be held in Haryana and Maharashtra in November. Elections will be held in Jharkhand and Delhi in early 2025. So the government does not want to miss any opportunity.