Prime Minister additionally interacted with farmer-beneficiaries in the course of the occasion.
NEW DELHI: Prime Minister Narendra Modi launched the eighth instalment of over Rs 20,000 crore to greater than 9.5 crore farmer beneficiaries beneath the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme on Friday through video-conferencing.
Prime Minister additionally interacted with farmer-beneficiaries in the course of the occasion. Union agriculture minister, Narendra Singh Tomar was additionally current on the event. Tomar stated West Bengal has joined the scheme with greater than 7 lakh farmers of the state getting the profit at this time.
Underneath the PM-KISAN scheme, a monetary advantage of Rs 6000 per 12 months is supplied to 14 crore eligible beneficiary farmer households yearly, payable in three equal 4-monthly installments of Rs 2000 every.
The fund is transferred on to the financial institution accounts of the beneficiaries. On this scheme, Samman Rashi of over Rs 1.15 lakh crores has been transferred to farmer households thus far.
PM Modi can even work together with 5 farmers from states like Uttar Pradesh, Maharashtra, Andhra Pradesh, Meghalaya, Jammu and Kashmir and Andaman and Nicobar on the event.
(With inputs from businesses)