PM Modi To Release 17th Installment Of PM-KISAN Scheme On June 18

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By  News On Air   Jun 17, 2024

Prime Minister Narendra Modi will release the 17th installment of the PM-KISAN scheme on 18th June at Varanasi. More than 9.26 crores farmers will receive the benefits amounting to over Rs.20,000 crore.

Prime Minster will also distribute the certificates to more than 30,000 SHGs trained as Krishi Sakhis to work as para extension worker. On the 50 selected Krishi Vikas Kendras (KVKs), special event is being organized.

PM-KISAN scheme launched on 24th February 2019 to supplement the financial needs of all land-holding farmers subject to certain exclusion criteria of higher income status.

Financial benefit of Rs 6,000/- per year in three equal installments, every four months, is transferred into the bank accounts of farmers’ families across the country through Direct Benefit Transfer (DBT) mode.

Till now over Rs 3.04 lakh crores has been disbursed to more than 11 Crore farmers across the nation. The total amount transferred to the beneficiaries since the inception of the scheme will cross well over Rs 3.24 lakh crores.