PIB News Update: Prime Minister Shri Narendra Modi will release the next instalment of financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme today i.e. 9th August, 2021 at 12:30 PM via video conferencing. This will enable the transfer of an amount of more than Rs. 19,500 crores to more than 9.75 crores beneficiary farmer families. Prime Minister will interact with farmer beneficiaries during the event and will also address the nation.
About PM-KISAN
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. 1.38 lakh crores has been transferred to farmer families so far.
Union Agriculture Minister will also be present on the occasion.