Prime Minister Modi to inaugurate PM Kisan Samman Sammelan 2022 on October 17

Tags: Economy/Finance Government Schemes National News

Prime Minister Narendra Modi will inaugurate PM Kisan Samman Sammelan 2022 on 17th October, 2022 at Mela Ground, Indian Agriculture Research Institute, Pusa in New Delhi.

Important facts

• On this occasion, the Prime Minister will release Rs 16,000 Crores under the PM-KISAN flagship scheme as 12th instalment through Direct Benefit Transfer.

• The Prime Minister will also inaugurate the Agri Start-up Conclave and Exhibition.

• He will also inaugurate 600 PM Kisan Samridhi Kendras (PM-KSKs) of the Union Ministry of Chemicals and Fertilizers.

• On this occasion he will also launch Bharat Urea Bags, India’s biggest move in fertilizers-One Nation One Fertilizer Scheme for Farmers.

• During this event, the Prime Minister will launch an international weekly fertilizer e-magazine Indian Age.

Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)

• It was launched on 24 February, 2019 by PM Modi to supplement financial needs of land holding farmers.

• Under the scheme financial benefit of Rs 6000 per year in three equal instalments, every four month is transferred into the bank accounts of farmers’ families across the country through Direct Benefit Transfer (DBT) mode.

• It is a central sector scheme with 100% funding by the Government of India.

• It is being implemented by the Ministry of Agriculture and Farmers Welfare.

• So far, eligible farmer families have received benefits of more than Rs 2 lakh crore under PM-KISAN through 11 instalments.