PM Modi Set to Unveil 15th Installment of PM-KISAN Scheme in Jharkhand Today
Today, Prime Minister Narendra Modi is set to unveil the 15th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in Jharkhand. Over eight crore farmers will collectively receive over ₹18,000 crore, with each farmer getting ₹2000 in this latest installment of the BJP's flagship initiative.
In a major event in Jharkhand, Prime Minister Narendra Modi is all set to unveil the 15th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme today. This occasion, known as 'Janjatiya Gaurav Diwas,' honors the efforts of tribal communities in preserving cultural heritage and upholding Indian values of national pride, courage, and hospitality.
Over eight crore farmers are to benefit from this installment, receiving a total of more than ₹18,000 crore, equating to ₹2,000 each, under the BJP's flagship initiative.
The PM-KISAN scheme is a major step towards agricultural progress in India. The PM-KISAN scheme was launched in 2019 to provide income support to all landholding farmers in the country. The scheme is helping to improve the lives of millions of farmers and is playing a vital role in the development of the Indian economy.
Highlighting the significance of this release, Senior Congress leader Jairam Ramesh pointed out the deliberate delay in the 15th installment to coincide with elections, contrasting with previous releases in 2022, 2021, and 2020 on different dates.
Also Read:- DeHaat Expands into Fruit and Vegetable Exports with $9.3M Acquisition of Freshtrop Fruits
As of July this year, the scheme has registered 83,70,263 beneficiaries from Madhya Pradesh, 63,98,381 farmers from Rajasthan, 21,70,541 from Chhattisgarh, 31,15,499 beneficiaries from Telangana, with a total of 92,520 under the scheme.
Emphasizing the continuity of the ongoing scheme, a senior Ministry official affirmed there were no restrictions on distributing PM Kisan Nidhi among farmers in states undergoing elections. The Ministry anticipates that the total amount transferred to beneficiaries since the scheme's inception will exceed ₹2.80 lakh crore, providing essential financial assistance to meet agricultural and other incidental needs.
Also Read:- Punjab Farmers to Get Stubble Management Machinery Subsidies Only After Physical Verification
Described as one of the world's largest Direct Benefit Transfer schemes, PM Kisan stands as a flagship initiative, reflecting the Government of India's commitment to boosting an inclusive and productive agricultural sector. The scheme delivers a financial benefit of ₹6,000 per year in three equal installments every four months, directly transferred into the bank accounts of farmers' families nationwide through the Direct Benefit Transfer (DBT) mode.
Also Read:- Escorts Kubota to Invest ₹400 Crore in Greenfield Manufacturing Unit in Ghiloth, Rajasthan
More News
-
VST Tillers Tractors Sold 2,110 Power Tillers, 473 Tractors in September 2024
-
Escorts Kubota Limited Reports August 2024 Tractor Sales of 5,614 Units
-
VST Tillers Tractors August 2024 Sales Report: 4,022 Power Tillers and 394 Tractors Sold
-
VST Tillers Tractors Ltd Reported Rs 22.85 Cr Net Profit for the Quarter Ended June 30, 2024