New Delhi: An official publish from the Prime Minister’s Office (PMO) said that PM Narendra Modi will issue the next installment of financial benefit under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) policy via video conferencing on August 9 at 12:30 PM.
“This will access the transfer of an amount of more than Rs 19,500 crores to over 9.75 crores beneficiary farmer families. The Prime Minister will talk with farmer beneficiaries during the occasion and will also direct the nation,” read the official release by the PMO.
It is to be noted that the PM-KISAN plan furnishes a financial benefit of Rs 6000 per year to the eligible beneficiary farmer families. This amount is refundable in three equal four-monthly installments of Rs 2000 each.
The fund from the PM-KISAN policy is directly passed on to the bank accounts of the beneficiaries. So far, Samman Rashi of over Rs 1.39 crores has been remitted to beneficiaries’ accounts under the PM-KISAN scheme.
According to an ANI report, Union Agriculture Minister Narendra Singh Tomar will also be present at the event.
Earlier, on May 14, PM Modi offered the 8th installment of financial benefit under the Pradhan Mantri Kisan Samman Nidhi scheme via video conferencing.