Prime Minister Narendra Modi in June granted Rs 21,000 crore to more than 10 crore farmers as assistance under the Pradhan Mantri Kisan Samman Nidhi (PM KISAN) scheme. That was the scheme’s eleventh installment and the next will be released in August.
Under PM KISAN, a farmer family is eligible for annual financial assistance of Rs 6,000 from the central government. The amount is paid in three equal installments of Rs 2,000 each and transferred directly to the bank accounts of beneficiaries.
Also Read | PM Kisan Yojana: A complete guide to availing
Also Read | PM Kisan Yojana: A complete guide to availing