PM releases 8th installment worth over Rs 20,000 cr to 9.5 cr farmers under PM-KISAN

New Delhi : Prime Minister Narendra Modi released the 8th installment of financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) today via video conferencing.

PM digitally transferred the benefit of more than ₹19,000 crore directly to the bank accounts of more than 9.5 crore farmers

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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 4-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. 1.15 lakh crores has been transferred to farmer families so far.