PM Modi to release next instalment of financial benefit under PM Kisan Samman Nidhi on Friday

News Delhi: Prime Minister Narendra Modi will release the next instalment of financial benefit under Pradhan Mantri Kisan Samman Nidhi, PM-KISAN on Friday through video conferencing. With the push of a button, the Prime Minister will enable the transfer of more than Rs 18 thousand crore to more than 9 crores beneficiary farmer families.

The Prime Minister will also have a conversation with farmers from six different States during the event. The farmers will share their experiences about PM-KISAN and also on various other initiatives taken by the Government for the welfare of farmers. The Union Agriculture Minister will also be present on the occasion.

Under the PM-KISAN Scheme, a financial benefit of Rs 6 thousand per year is provided to small and marginal farmers, payable in three equal 4-monthly installments of Rs 2 thousand each. The fund is transferred directly to the bank accounts of the beneficiaries.

Speaking about the event, Agriculture Minister Narendra Singh Tomar said, on December 25, Atal Bihari Vajpayee’s birth anniversary is celebrated as Sushashan Diwas, good governance day. He said, after Mr Modi became Prime Minister, many steps have been taken to promote good governance, ease of living and transparency. He said, DBT is an important scheme for good governance and transparency. The Minister said, there was a time when out of Rs 100 sent by the government only Rs 15 used to reach villages but the Modi Government managed to send full Rs 100 to people directly through DBT.

Mr Tomar said, Modi government is committed to strengthening the agriculture sector. He said, representatives of the Confederation of NGOs of Rural India today met him and submitted 3,13,363 signatures taken across one lakh villages in support of the three farm laws enacted by the Centre recently.