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.