Pension for small scale farmers increased to Rs 400

Monday, December 19, 2011: Minister for Finance and Law KM Mani has said that the government has decided to increase the pension to small and marginal farmers to Rs 400 a month.
Mani had announced a pension of Rs 300 to farmers who owned less than a hectare of farm land in his Budget for 2010-11. This is proposed to be increased now.
The Minister said that small and marginal farmers were financially backward with many of them living below the poverty line. Though they contributed significantly to the economy, they did not get benefits or recognition on par with that.