PIB News Update: Prime Minister Shri Narendra Modi will release the next instalment of financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) on 25th December 2020 at 12 noon via video conferencing. With the push of a button, the Prime Minister will enable the transfer of more than Rs. 18,000 crores to more than 9 crores beneficiary farmer families.
Prime Minister will also have a conversation with farmers from six different States during the event. The farmers will share their experiences with PM-KISAN and also on various other initiatives taken by the Government for the welfare of farmers. Union Agriculture Minister will also be present on the occasion.
About PM KISAN
Under the PM-KISAN Scheme, a financial benefit of Rs.6000/- per year is provided to the eligible beneficiary farmers, payable in three equal 4-monthly installments of Rs.2000/- each. The fund is transferred directly to the bank accounts of the beneficiaries.