The Prime Minister additionally launched an fairness grant of greater than Rs 14 crores to about 351 Farmer Producer Organizations
New Delhi: Prime Minister Narendra Modi on Saturday launched the tenth installment of monetary profit underneath the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme by way of video conferencing within the nationwide capital.
Throughout the occasion, the Prime Minister additionally launched an fairness grant of greater than Rs 14 crores to about 351 Farmer Producer Organizations (FPOs), which is able to profit greater than 1.24 lakh farmers.
Prime Minister Narendra Modi launched the tenth instalment of monetary profit underneath the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on Saturday by way of video conferencing.
As per an official assertion from the Prime Minister’s Workplace, that is in keeping with the federal government’s continued dedication and resolve to empower grassroots-level farmers.
This may allow the switch of an quantity of greater than Rs 20,000 crore to greater than 10 crore beneficiary farmer households, stated PMO.
In the meantime, addressing the occasion, Union Agriculture and Farmers Welfare Minister Narendra Singh Tomar stated, “Underneath the PM Kisan Samman Nidhi Yojana, efficient from 1st December 2018, the Central Authorities has thus far despatched greater than Rs 1.61 lakh crore to greater than 11.5 beneficiary farmer households within the accounts of farmer households.”
“Within the present monetary yr 2021-22, an quantity of greater than Rs 65,800 crore has been transferred to the beneficiary farmers underneath the Pradhan Mantri Kisan Samman Nidhi PM Kisan Yojana,” added Tomar.
Underneath the PM-KISAN scheme, a monetary advantage of Rs 6,000 per yr is offered to the eligible beneficiary farmer households, payable in three equal four-monthly installments of Rs 2,000 every. The fund is transferred on to the financial institution accounts of the beneficiaries. On this scheme, Samman Rashi of over Rs 1.6 lakh crore has been transferred to farmer households thus far.