PM Modi releases 9th instalment of PM Kisan Samman Nidhi Scheme

New Delhi: Prime Minister Narendra Modi released the next instalment of financial benefit under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on Monday via video conferencing.

Under the PM-KISAN scheme, a financial benefit of Rs 6000 per year is provided to the eligible beneficiary farmer families, payable in three equal four-monthly installments of Rs 2000 each.

The fund is transferred directly to the bank accounts of the beneficiaries. In this scheme, Samman Rashi of over Rs 1.38 lakh crores has been transferred to farmer families so far.

PM @narendramodi releases 9th instalment of PM Kisan Samman Nidhi Scheme#PMKisan

Watch video to know more?️⬇️ pic.twitter.com/uuNclcSVj6

— PIB India (@PIB_India) August 9, 2021

Union Agriculture Minister Narendra Singh Tomar was also be present on the occasion.

Earlier, on May 14, Prime Minister Modi released the 8th instalment of financial benefit under the Pradhan Mantri Kisan Samman Nidhi scheme via video conferencing.