Prime Minister Narendra Modi will release the 8th installment of financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme tomorrow at 11 A.M. This will enable the transfer of more than 19 thousand crore rupees to more than nine crore 50 lakh families of farmers. The Prime Minister will also interact with the beneficiaries during the event. The Union Agriculture Minister will also be present on the occasion.
Under the PM-KISAN scheme, a financial benefit of six thousand rupees per year is provided to the eligible beneficiaries. This amount is being transferred in three installments every four month. In every installment, two thousand rupees will be transferred to farmers. The fund is directly transferred to the bank accounts of the beneficiaries. In this scheme, Samman Rashi of over one lakh 15 thousand crore has been transferred to farmer families so far.