Key Points
The government announced an important scheme, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana, to provide assured income support of Rs 6,000 to the small and marginal farmers..
Siddarth Bhamre, EVP and Head of Research, Religare Broking, believes that PM Kisan Yojana was one of the prominent announcements in the last interim budget, which may inspire the present government. This government is confident of winning the coming general election but we still believe that there will be some announcement which will benefit rural masses, especially farmers, Bhamre said...
The government aimed to aid further growth over 7 per cent to promote the livelihood of about 1.45 crore people dependent on the sector, via a new ministry.. Further, the 2019 interim budget also announced Women development to women-led development which also became the Modi governments prime agenda for the next few years...
The last interim budget had several women-centric schemes including Ujjwala Yojna which seeks to provide free LPG gas connections; Pradhan Mantri Matru Vandana Yojana where financial support is provided for pregnant women; the government also announced that at least 3 per cent of the 25 per cent sourcing for the Government undertakings will be from women-owned SMEs...
A paper titled The Rural Vote in the 2019 Indian General Elections by Vani Swarupa Murali and Diego Maiorano from the Institute of South Asian Studies finds that the governments growing efforts to address, albeit partially, rural distress in the last part of its term enabled the party to gain rural attraction despite the major farmers protests against the MSP...
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