4. PM Kisan Yojana

^{Farmers spraying fertiliser for their samba paddy crop in Trichy (Source: BCCL)}

The PM Kisan Yojana, the government’s plan to provide Universal Basic Income (UBI) to every farmer in the country kicked-off in 2019. The Indian government transferred the first instalment of payments — $3.5 billion — to 65 million farmers.

And, around 1.1 million beneficiaries withdrew their allocated ₹2,000 on the same day the money was credited into their accounts.

The aim of the scheme to provide income support of ₹6,000 per years to small and marginal farmer families — those that own less than 2 hectares of land.