Prime Minister Narendra Modi will release the 10th installment of financial benefit under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on January 1, 2022, via video conferencing, the Prime Minister's Office (PMO) informed on Wednesday.
According to the PMO release, this will enable the transfer of an amount of more than Rs 20,000 crore to more than 10 crore beneficiary farmer families.
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 installments of Rs 2000 each.
The fund is transferred directly to the bank accounts of the beneficiaries.
In this scheme, Samman Rashi of over Rs 1.6 lakh crore has been transferred to farmer families so far, the press said in a statement.
During the program, Prime Minister will also release an equity grant of more than Rs 14 crore to about 351 Farmer Producer Organizations (FPOs), which will benefit more than 1.24 lakh farmers, the release read.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
PR Sreejesh To Face First Test As India Hockey U21 Coach Like Ananya Panday's Walk On The Wild Side In Tanzania, Top 3 Wildlife Safaris At Serengeti National Park Nearly 100% Of Gaza Now Lives In Poverty, UN Sounds Alarm Over Unemployment Hamas Confirms Yahya Sinwar Killed By Israel, Won't Free Hostages Until... MK Stalin Asks Centre To Recall Tamil Nadu Governor In Row Over Anthem Drone Footage Of Hamas Chief Yahya Sinwar's Last Moments Released By Israel UPSC ESE 2025: Application Window Reopens, Check Deadline And Key Details Australia's Northern Territory To Soon Resume Jailing 10-Year-Olds If You Doing Things After Eating A Meal, You Must Stop Right Away Track Latest News Live on NDTV.com and get news updates from India and around the world.