PM Modi on Saturday said the govt is giving Rs 6.5 lakh crore to the agriculture sector every year with each farmer getting a benefit of Rs 50,000 annually in one form or the other.

”The govt is making sure that every farmer in the country receives around Rs 50,000 every year in some way or the other. This means, under the BJP government at the Centre, there is a guarantee that every farmer gets Rs 50,000 in various forms,” PM Modi said while addressing the 17th Indian Cooperative Congress in New Delhi.

The PM listed benefits provided to farmers mainly in form of fertiliser subsidy, foodgrains procurement and PM-KISAN and said, “This shows what a guarantee looks like and what massive efforts are needed to change the lives of farmers”.