PM Modi to release 18th installment of PM-KISAN today

Srinagar: Prime Minister Narendra Modi will release the 18th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme tomorrow (5th October) in Washim, Maharashtra, said the Ministry of Agriculture & Farmers Welfare on Friday.
As per the news agency CNS, the Ministry in an official communique said that this significant event will see over 9.4 crore farmers across the country receive direct financial benefits, amounting to more than ₹20,000 crore through Direct Benefit Transfer (DBT) without the involvement of any middlemen.
“Around 2.5 Cr. farmers will join the event including those at 732 Krishi Vigyan Kendras (KVKs), over 1 lakh Primary Agricultural Cooperative Societies and 5 lakh Common Service Centres across the country through webcast. Special events will also be organised in the States/UTs celebrating the day of the release as PM-KISAN Utsav Divas,” the Ministry said.
Launched on 24th February 2019, the PM-KISAN scheme provides Rs 6,000 annually to landholding farmers in three equal instalments. The Prime Minister will release the 18th instalment of PM-KISAN on 5th October. With the 18th instalment release, the total disbursement under the scheme will exceed ₹3.45 lakh crore, supporting more than 11 crore farmers nationwide and further reaffirming the government’s commitment to rural development and agricultural prosperity.
In Maharashtra, about ₹32,000 crores have been transferred to around 1.20 cr farmers in 17 instalments of the scheme which is the second highest among all the States in India. In the 18th instalment, around 91.51 lakh farmers will receive the benefits of over ₹1,900 crore.
“Alongside the PM-KISAN instalment distribution, the Prime Minister will also release the additional benefit of around ₹2,000 crore to the farmers of Maharashtra under the 5th instalment of the Namo Shetkari Mahasanman Nidhi Yojana, to further support their efforts,” the Ministry added. (CNS)

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