PM Modi releases the 10th Installment of PM KISAN

Tags: National News

Prime Minister Shri Narendra Modi released the  ₹20,900 crore to more than 10.09 crore farmers as the 10th instalment of financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on 1st January, 2022 via video conferencing.

  • Under the Pradhan Mantri Kisan Samman Nidhi (PM­KISAN) scheme, a financial benefit of ₹6,000 a year is provided to the eligible farmer families, payable in three equal instalments of ₹2,000.
  • The money is transferred directly to the bank account of the beneficiaries. 
  • During the virtual event, the Prime Minister also released an equity grant of more than ₹14 crore to about 351 Farmer Producer Organisations (FPOs), benefiting 1.24 lakh farmers.
  • The PM-KISAN scheme was announced in the February 2019 Budget and the total amount provided under the scheme has touched about ₹1.8 lakh crore.

For more information about PM-KISAN click here

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