PM Modi releases the 8th installment of the financial benefit under the PM-Kisan scheme | India News
The Prime Minister also interacted with beneficiary farmers during the event.
NEW DELHI: Prime Minister Narendra modi released the eighth installment of the financial benefit under Pradhan mantri Kisan Samman Nidhi (PM-KISAN) via videoconference on Friday.
This enabled the transfer of more than Rs 20 billion to more than 9.5 million beneficiary farming families.
The Prime Minister also interacted with beneficiary farmers during the event. Union Minister of Agriculture, Narendra Singh Tomar He was also present on the occasion.
Under the PM-KISAN program, a financial benefit of Rs 6,000 per year is provided to eligible beneficiary farming families, payable in three equal quarterly installments of Rs 2,000 each.
The fund is transferred directly to the bank accounts of the beneficiaries. In this scheme, Samman Rashi of more than Rs 1.15 million lakh has been transferred to farming families so far.