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CliQ INDIA > National > PM Modi’s Third Term Begins: Release of ‘Kisan Nidhi’ Fund Marks First Decision
National

PM Modi’s Third Term Begins: Release of ‘Kisan Nidhi’ Fund Marks First Decision

cliQ India
cliQ India
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Highlights
  • Diverse representation: 72-member council formed smoothly despite coalition dynamics.
  • PM Modi prioritizes farmer welfare: 17th Kisan Nidhi instalment released.

Prime Minister Narendra Modi commenced his historic third term by swiftly taking action on farmer welfare, signing the release of the 17th instalment of the Kisan Samman Nidhi scheme. This pivotal decision, amounting to around Rs 20,000 crores, aims to benefit 9.3 crore farmers across the nation. With a resolute commitment to the prosperity of farmers and the agricultural sector, PM Modi emphasized the government’s unwavering dedication to ‘Kisan Kalyan’ (farmer welfare), setting a tone for future endeavors.

BulletsIn

  • PM Modi assumes office for his third term, signing the release of the 17th instalment of the Kisan Samman Nidhi scheme.
  • The initiative targets to aid approximately 9.3 crore farmers with an allocation of around Rs 20,000 crores.
  • Modi reaffirms his government’s dedication to farmer welfare, prioritizing agricultural sector development.
  • The swift action underscores the administration’s commitment to address agricultural challenges promptly.
  • Modi’s third-term swearing-in ceremony witnesses a substantial turnout, including top leaders from neighboring countries and the Indian Ocean region.
  • Notable attendees include leaders from Maldives, Bangladesh, Nepal, Sri Lanka, Mauritius, Bhutan, and Seychelles.
  • The expanded council of ministers, comprising 72 members, reflects diverse representation and broad support.
  • Despite coalition government dynamics, the council formation proceeds smoothly, with minimal haggling.
  • Special recognition is extended to marginalized communities, including the transgender community and sanitation workers.
  • Nearly 9,000 attendees gather at Rashtrapati Bhavan to witness the swearing-in ceremony, symbolizing widespread public interest and support

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