Prime Minister Narendra Modi will release the next instalment of financial benefit under Pradhan Mantri Kisan Samman Nidhi, PM-KISAN on Friday through video conferencing. With the push of a button, the Prime Minister will enable the transfer of more than Rs 18 thousand crore to more than 9 crores beneficiary farmer families.
The Prime Minister will also have a conversation with farmers from six different States during the event. The farmers will share their experiences about PM-KISAN and also on various other initiatives taken by the Government for the welfare of farmers. The Union Agriculture Minister will also be present on the occasion.
Under the PM-KISAN Scheme, a financial benefit of Rs 6 thousand per year is provided to small and marginal farmers, payable in three equal 4-monthly installments of Rs 2 thousand each. The fund is transferred directly to the bank accounts of the beneficiaries.