agencies
NEW DELHI, Dec 29: Prime Minister's Office (PMO), on Wednesday (December 29), announced that Prime Minister Narendra Modi will release the 10th installment under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on January 1, 2022, via video conferencing.
PMO said that PM Modi will transfer Rs 20,000 crore directly to the bank accounts of more than 10 crore beneficiary farmer families. "In line with the continued commitment and resolve to empower grassroots level farmers, Prime Minister Shri Narendra Modi will release the 10th instalment of financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on 1st January 2022 at 12:30 PM via video conferencing. This will enable the transfer of an amount of more than Rs. 20,000 crore to more than 10 crore beneficiary farmer families," PMO said
For the unversed, eligible farmers receive Rs 6000 annually in three separate installments of Rs 2000 each. So far, the government has transferred nine installments directly to the bank accounts of the eligible farmers.
"The fund is transferred directly to the bank accounts of the beneficiaries. In this scheme, Samman Rashi of over Rs. 1.6 lakh crore has been transferred to farmer families so far," PMO said in its statement.
During the program, Prime Minister will also release an equity grant of more than ? 14 crore to about 351 Farmer Producer Organizations (FPOs), which will benefit more than 1.24 lakh farmers, the release read. |
