Prime Minister Narendra Modi on Monday simply transferred approximately Rs 19,500 crore to over 9.Seventy five crore beneficiaries farmers beneath the government's PM-KISAN scheme.
With this, the government has to this point transferred nine installments amounting round Rs 1.57 lakh crore to farmer families beneath 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 throughout the united states.
An annual financial advantage of Rs 6,000 is provided to eligible beneficiary farmer households, payable in three equal 4-monthly installments of Rs 2,000 every, underneath the PM-KISAN scheme.
The scheme changed into announced in February 2019 within the Budget. The first installment changed into for December 2018-March 2019 period. The fund is transferred directly to the financial institution accounts of the beneficiaries.
Addressing the digital event in the presence of the Prime Minister, Agriculture Minister Narendra Singh Tomar stated that before the 9th installment, the relevant government had distributed approximately Rs 1.37 lakh crore to round 11 crore beneficiaries under the scheme.
The government has related 2.28 crore PM-KISAN beneficiaries with Kisan Credit Card scheme, beneath which they had been able to avail loan up to two.32 lakh crore up to now.
He additionally said the farmers have labored difficult despite challenges of COVID-19 and ensured bumper production remaining yr. Better output is anticipated in the coming days due to endured farmers' efforts.
Expressing concern over scarcity of suitable for eating oils and pulses, Tomar said the authorities is specializing in boosting the home production thru several schemes so that the country's dependence on imports
Union Ministers of State for Agriculture Kailash Choudhary and Shobha Karandlaje, as well as Agriculture Secretary Sanjay Aggarwal were among nation ministers and officials gift inside the occasion.
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