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Budget 2019: Piyush Goyal Announces Rs 6,000 Per Year Direct Cash Transfer to 12 Crore Farmers

Feb 01, 2019 11:57 AM IST India India
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Among the first major announcements in budget speech 2019, Finance Minister Piyush Goyal announces Rs 6,000 per annum direct cash transfer to farmers owning less than 2 hectares of land. The move, months before general elections, is likely to benefit 12 crore farmers. Rs 60,000 crore has also been set aside for MGNREGA, the rural employment scheme, with Piyush Goyal adding that the allocation can be increased further.