New Delhi: Prime Minister Narendra Modi on Monday virtually transferred about Rs 19,500 crore to over 9.75 crore beneficiaries farmers under the government’s PM-KISAN scheme.
With this, the government has so far transferred nine installments amounting around Rs 1.57 lakh crore to farmer families under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme.
After the release of the amount, the Prime Minister interacted with beneficiaries of this scheme from across the country.
An annual financial benefit of Rs 6,000 is provided to eligible beneficiary farmer families, payable in three equal four-monthly installments of Rs 2,000 each, under the PM-KISAN scheme.
The scheme was announced in February 2019 in the Budget. The first installment was for December 2018-March 2019 period. The fund is transferred directly to the bank accounts of the beneficiaries.
Addressing the virtual event in the presence of the Prime Minister, Agriculture Minister Narendra Singh Tomar said…