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PM releases eight installment worth over Rs 20,000 cr for PM-Kisan Scheme

Friday, 14 May 2021
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Prime Minister Narendra Modi has  released the eighth installment of over Rs 20,000 crore to more than 9.5 crore farmer beneficiaries under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme on 14 May 2021.

Under the PM-KISAN Scheme, the government is providing Rs 6,000 in three equal installments to 14 crore farmers annually. The amount is directly transferred into the bank accounts of the beneficiaries through direct benefit transfer (DBT) mode.

An amount of over Rs 1.15 lakh crore has been transferred to farmer beneficiaries so far under the PM-KISAN Scheme, launched on 24 February 2019.

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