PM-KISAN: PM Modi releases 8th instalment worth over Rs 20,000 cr to 9.5 cr farmers

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PM Modi will also interact with five farmers from states like Uttar Pradesh, Maharashtra, Andhra Pradesh, Meghalaya, Jammu and Kashmir and Andaman and Nicobar on the occasion.

New Delhi: Prime Minister Narendra Modi on Friday released the eighth instalment of Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on Friday via video-conferencing.

PM Modi released over Rs 20,000 crore to more than 9.5 crore farmer beneficiaries under PM-KISAN scheme.

PM Modi will also interact with five farmers from states like Uttar Pradesh, Maharashtra, Andhra Pradesh, Meghalaya, Jammu and Kashmir and Andaman and Nicobar on the occasion.

The last or 7th instalment of PM Kisan was paid on Christmas, December 25, which is also the birth anniversary of former PM Atal Bihari Vajpayee.

The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme was launched by PM Modi in 2019. The Scheme aims to provide income support to all landholder farmer families across the country with cultivable land, subject to certain exclusions.

Under the Scheme, an amount of Rs 6000 per year is released in three 4-monthly instalments of Rs 2000 each directly into the bank accounts of the beneficiaries. In a financial year, PM Kisan installment is credited thrice through –Period 1 from April-July; Period 2 from August to November; and Period 3 from December to March.

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