PM Modi To Interact With Farmers From Six States On 25 December, To Release Rs 18,000 Crore To PM-KISAN Beneficiaries

Prime Minister Narendra Modi will release the next instalment of financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) on 25th December 2020 at 12 noon via video conferencing, said an official release on Wednesday (23 December).

With the push of a button, the Prime Minister will enable the transfer of more than Rs 18,000 crores to more than 9 crores beneficiary farmer families, the release said.

Union Agriculture Minister Narendra Singh Tomar will also be present on the occasion, it said.

Under the PM-KISAN Scheme, a financial benefit of Rs 6000 per year is provided to the eligible beneficiary farmers, payable in three equal four-monthly installments of Rs 2000 each. The fund is transferred directly to the bank accounts of the beneficiaries.