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PM-KISAN Installment To 9 Crore Farmers On Dec 25, Announces PM Modi

New Delhi: Prime Minister Narendra Modi will launch the following instalment of the monetary advantages underneath the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) on December 25 through video-conferencing, his workplace mentioned on Wednesday.

With the push of a button, Modi will allow the switch of greater than Rs 18,000 crore to over 9 crore beneficiary farmer households, it added.

Modi may even work together with farmers from six states in the course of the occasion, the Prime Minister’s Workplace (PMO) mentioned.

“The farmers will share their experiences with PM-KISAN and also on various other initiatives taken by the government for the welfare of farmers,” it mentioned.

Below the PM-KISAN scheme, a monetary advantage of Rs 6,000 per yr is supplied to small and marginal farmers, payable in three equal instalments of Rs 2,000 every. The fund is transferred on to the financial institution accounts of the beneficiaries.

The programme comes amid protests by numerous farmer unions towards three farm legal guidelines just lately enacted by the Modi authorities.

The federal government has insisted that these reforms are within the curiosity of farmers.

(PTI)

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