Hi, NewsWrap for December 24, 2023

24-December-2023: PM Kisan Yojana, SBI Fixed Deposits, PM-KUSUM, Indian Wheat Cultivation Surpasses Normal Acreage

24 December 2023

  • Need Assistance with PM Kisan Yojana Application? Check Out the Helpline Numbers Below

    Across the nation, various governmental initiatives aim to support those in need. If you are part of any government scheme, then you are most likely receiving the benefits it offers. One such program catering to farmers is the Pradhan Mantri Kisan Samman Nidhi Yojana (PM Kisan Yojna). Established in December 2018, this scheme promises an annual income support of Rs 6,000 distributed in three equal installments (₹2,000 each) to all land-holding farmer families. The scheme defines a family unit as comprising the husband, wife, and minor children.

  • SBI Fixed Deposits Can Double Your Investment Securely, Check Here

    While the market fluctuations often evoke apprehension among investors, the allure of fixed and secure returns remains a first choice for many investors. For people looking for safe investment opportunities, the State Bank of India (SBI), India's largest public lender, has stood out with its Fixed Deposit (FD) schemes, offering a sanctuary for risk-averse investors seeking reliable growth opportunities.

  • CM Yogi Pushes PM-KUSUM for Mission-Mode Implementation

    Chief Minister Yogi Adityanath has urged officials to expedite the implementation of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan Scheme, popularly known as PM-KUSUM in a mission-mode approach, aiming to extend its benefits to a larger number of farmers. The PM-KUSUM Scheme, primarily designed to ensure energy security for farmers across India aims to increase the share of non-fossil-fuel energy sources to 40 percent by 2030, as outlined in India's Intended Nationally Determined Contributions (INDCs).

  • Indian Wheat Cultivation Surpasses Normal Acreage, Narrowing Year-on-Year Gap to 2%

    The ongoing agricultural season in India has seen a noteworthy surge in wheat cultivation, surpassing the normal acreage by a significant margin. As per the latest media reports, the sowing deficit under wheat has decreased to 2 percent, down from the previous 3 percent, marking a positive trajectory compared to last year's coverage. Current statistics reveal that the expense dedicated to wheat cultivation stands at 308.667 lakh hectares, demonstrating a substantial recovery from the 314.42 lakh hectares recorded a year ago. 

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24 December 2023

That's it for for 24 December 2023