Modi releases 8th instalment of Rs 19,000 cr for PM-KISAN scheme


New Delhi, May 14 (IANS): Prime Minister Narendra Modi on Friday released the eighth instalment of financial benefits worth Rs 19,000 crore under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme to benefit more than 9.5 crore farmers that includes first-time beneficiaries in West Bengal.

The Prime Minister released the instalment through video conferencing, saying "farmers in West Bengal for the first time benefitted with the Central scheme and that more farmers will get the support as soon as the Centre receives it".

The instalment will enable the transfer of more than Rs 19,000 crore to over 9.5 crore beneficiary farmer families.

Modi also interacted with farmer beneficiaries during the event and said that around Rs 1.35 lakh crore has been transferred to the bank accounts of farmers under the PM-KISAN and Rs 60,000 crore during the Covid-19 pandemic.

So far this year, the Prime Minister said that "about 10 per cent more wheat has been purchased at Minimum Support Price (MSP) as compared to last year".

"So far, about 58,000 crore of wheat procurement has reached the farmers' account directly".

Under the PM-KISAN scheme, a financial benefit of Rs 6,000 per year is provided to the eligible beneficiary farmer families, payable in three equal 4-monthly instalments of Rs 2,000 each.

The fund is transferred directly to the bank accounts of the beneficiaries.

In this scheme, Samman Rashi of over Rs 1.15 lakh crore has been transferred to farmers' families so far.

 

  

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Comment on this article

  • Indian, Sharjah

    Sat, May 15 2021

    Later he will say it was just a jumla

    DisAgree Agree Reply Report Abuse

  • Samanth, Mlore

    Fri, May 14 2021

    We can understand your frustration Those who are still waiting Potato machine let them wait

    DisAgree Agree [2] Reply Report Abuse

  • ca girishkk, m'lore/dxb

    Fri, May 14 2021

    50% of this amount will be eaten by bank towards minimum balance maintenance charges..., less literate Jokara become hero.....

    DisAgree Agree [3] Reply Report Abuse

  • Jazz, Mangalore

    Fri, May 14 2021

    I'm releasing 90 billion, kehne mein kya jaata hai, everything is a lie, they spent 40 thousasand crore on election expenditure, and still lost, 30 thousand crore for vista, Nimmi aunty talked about 20 thousand crores, still people have no vaccines , no, oxygen! No hospitals, no transparency with self cares fund, why do we pay taxes, why gst? Full of lies, even when people are dying. This govt is absent, and people still support this?

    DisAgree [2] Agree [7] Reply Report Abuse

  • Omar, Mysore

    Fri, May 14 2021

    JUMLA is in the DNA of BJP and Andh Bhakts, just like how he got black money 15 days and gave 15 lacs

    DisAgree Agree [3] Reply Report Abuse

  • Samanth, Mlore

    Fri, May 14 2021

    We can understand your frustration

    DisAgree Agree [1] Reply Report Abuse

  • KARNA, MLore

    Fri, May 14 2021

    Thanks Modi 19000 Crores released 19000 crores directly going to farmers account. If congress released 19000 crores before 2014 . definitely 1900 out of 19000 crores will transfer to farmers account

    DisAgree [11] Agree [4] Reply Report Abuse

  • Concerned citizen, Mangalore

    Fri, May 14 2021

    Releasing from fuel hike fund. Isee ko kehte hai. " Aam aadmi ke bade jeb se kaat ke chote jeb me bharna aur baqi apne jeb me".

    DisAgree Agree [7] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Fri, May 14 2021

    Has he ever met a Covid Victim or Farmer in Hospital ...

    DisAgree [1] Agree [12] Reply Report Abuse


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Title: Modi releases 8th instalment of Rs 19,000 cr for PM-KISAN scheme



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