Shimla: PM Modi transfers Rs 21,000 cr to over 10 cr farmers

So far, the govt has transferred a respect amount of Rs 1.8 lakh crore to the bank account of farmers under the PM Kisan scheme.

NewsBharati    31-May-2022 15:54:21 PM
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Shimla, May 31: Prime Minister Narendra Modi on Tuesday, released Rs 21,000 crore to more than 10 crore beneficiary farmers under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme. The Tuesday transfer is the 11th instalment under the PM-KISAN scheme.

PM Modi
 
PM Modi arrived in Shimla on Tuesday to participate in the 'Garib Kalyan Sammelan'. He interacted with beneficiaries of different government schemes at the event to mark the 8th anniversary of the NDA government at the Centre.
 
 
The event is being held at Ridge Maidan in Shimla. During the Sammelan, Prime Minister sought feedback about the various welfare programmes being run by the government from public representatives across the country.
 
According to Prime Minister's Office, the endeavour of the Sammelan was to make the reach and delivery of government programmes more efficient so as to improve the ease of living of the citizens of the country. Prime Minister Narendra Modi-led BJP government completed its eight years at the Centre on May 30.
 

Also Read | PM Modi distributes Rs 20,000 cr under PM-KISAN scheme for farmer families across India
 
Under the PM Kisan Yojana, financial assistance of Rs 6,000 is given every year to eligible farmer families. This amount is transferred to the account of farmers in 3 equal installments of 2000 rupees each. These installments come every four months i.e. thrice a year, 2000-2000 rupees are sent to the farmers' account under the scheme. 
 
Till now, 10 installments of Rs 2000 each have been transferred to the farmers' accounts. The 10th installment was transferred to the farmers' bank account on January 1, 2022. This money is directly transferred to your bank account. So far, the govt has transferred a respect amount of Rs 1.8 lakh crore to the bank account of farmers under this scheme.