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PM Modi to release next instalment of PM-KISAN on 9 August

This will enable the transfer of an amount of more than Rs 19,500 crores to more than 9.75 crores beneficiary farmer families.

SNS | New Delhi |

Prime Minister Narendra Modi will release the next instalment of financial benefit under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on 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. The 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 instalments 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.