Modi: PM Modi to release Rs 16,800 crore to over 8 crore farmers under PM-KISAN scheme tomorrow | India News – Times of India

NEW DELHI: Prime Minister Narendra Modi will release a total of Rs 16,800 crore for farmers under his flagship PM Kisan Samman Nidhi (PM-KISAN) scheme at an event to be held in Belagavi, Karnataka, on Monday. Over eight crore farmers will receive Rs 2,000 each directly in their bank accounts ahead of rabi harvesting under the 13th instalment of the scheme, an official statement said on Sunday.
This will be Prime Minister Modi’s fifth visit to poll-bound Karnataka this year, where he will also inaugurate Shivamogga airport, besides laying foundation for various development projects in Belagavi. According to an official statement, the PM will undertake a walkthrough and inspect the airport in Shivamogga.

WhatsApp Image 2023-02-26 at 6.00.58 PM.

The Shivamogga airport

Union minister of agriculture and farmers welfare Narendra Singh Tomar and secretary of the ministry, Manoj Ahuja, will be present at the Belgavi event, anticipated to draw an attendance of over one lakh, including Jal Jeevan Mission beneficiaries.
The 11th and 12th instalments under the scheme were given in May and October last year. Prime Minister Modi had launched the Pradhan Mantri Kisan Samman Nidhi scheme in 2019, aiming to provide income support to all landholder farmer families across the country with cultivable land, subject to specific exclusions.
Under the Pradhan Mantri Kisan Samman Nidhi, eligible farmers are provided with a financial benefit of Rs 6,000 per year in three equal instalments of Rs 2,000 each every four months.
Till now, over Rs 2.25 lakh crore of funds have been disbursed under the scheme to more than 11 crore farmer families, primarily small and marginal farmers.
Notably, during the Covid-19 lockdown, Rs 1.75 lakh crore were distributed in multiple instalments to support these farmers. The scheme has also benefited over three crore women beneficiaries who have collectively received over Rs 53,600 crore in funds, read the release.

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