PRIME MINISTER RELEASES 10TH INSTALMENT OF AID UNDER PM-KISAN SCHEME

PRIME
MINISTER RELEASES 10TH INSTALMENT OF AID
UNDER PM-KISAN SCHEME
Prime
Minister Narendra Modi on 01.01.2022 released over ₹20,900 crore to more than
10.09 crore farmers across India as the 10th instalment of financial aid under
the PM-KISAN scheme.
Under the Pradhan
Mantri Kisan Samman Nidhi (PM-KISAN) scheme, a financial benefit of ₹6,000 per
year is provided to the eligible farmer families, payable in three equal
installments of ₹2,000. The money is transferred directly to the bank account
of the beneficiaries.
The PM-KISAN
programme was launched as part of the government’s effort to help double the
income of farmers.
The 9th
instalment of PM-KISAN was released in August 2021.
With the released
latest tranche, the total amount provided under the scheme has touched about
₹1.8 lakh crore.
PM-KISAN
scheme was announced in the February 2019 Budget. The first instalment was for
the period December 2018 to March 2019.