Centre Releases 17th Instalment Of PM-Kisan Samman Nidhi Worth Rs 20,000 Crore For Farmers.

June 10, 2024 10:15 PM.

Mr. Narendra Modi today took charge as Prime Minister for the third time. After assuming the charge, Mr Modi signed the first file authorising release of 17th instalment of PM-Kisan Samman Nidhi.

This will benefits nine crore 30 lakh farmers by distributing around twenty thousand crore rupees. Mr Modi said, his first decision of the new government shows commitment of government to farmer welfare. Prime Minister Modi said, his government will keep working even more for the farmers and the agriculture sector in the times to come. 

The PM-KISAN Scheme was launched in 2019 with an aim to provide income support to all landholder farmer families across the country. Under the scheme, the financial benefit of six thousand rupees per year is provided to the eligible family of farmers. The scheme is being implemented as Central Sector Scheme with 100 per cent financial support by the Central government. The amount is being transferred directly to the bank accounts of the beneficiaries, in three installments of two thousand rupees. The scheme has benefited more than 11 crore farmer families and over three lakh crore rupees has been transfered in their account till date.