Over 18 thousand crore rupees to be transferred to farmer's account under PM-KISAN scheme today

Prime Minister Narendra Modi will release the next instalment of financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) at 12 noon today through video conferencing. With the push of a button, the Prime Minister will enable the transfer of more than 18 thousand crore rupees to over nine crores beneficiary farmer families.

he Prime Minister will also have a conversation with farmers from six different States during the event. 

The farmers will share their experiences about PM-KISAN and also on various other initiatives taken by the government for the welfare of farmers. Union Agriculture Minister Narendra Singh Tomar will also be present on the occasion.

Under the PM-KISAN Scheme, a financial benefit of six thousand rupees per year is provided to small and marginal farmers, payable in three equal four-monthly installments of two thousand rupees each. The fund is transferred directly to the bank accounts of the



beneficiaries.

Speaking about the event, the Agriculture Minister said, on December 25, Atal Bihari Vajpayee's birth anniversary is celebrated as Sushashan Diwas, good governance day. He said, after Mr Modi became Prime Minister, many steps have been taken to promote good governance, ease of living and transparency. He said, DBT is an important scheme for good governance and transparency. 

The Minister said, there was a time when out of 100 rupees sent by the government only 15 rupees used to reach villages but the Modi Government managed to send full 100 rupees to people directly through DBT.  

Mr Tomar said the Modi government is committed to strengthening the agriculture sector. He said, representatives of the Confederation of NGOs of Rural India on Wednesday met him and submitted three lakh 13 thousand three hundred 63 signatures taken across one lakh villages in support of the three farm laws enacted by the Centre recently.