PM Modi to launch eighth installment of PM-Kisan Yojana on Friday

Narendra Modi on Friday will launch the eighth installment of Rs 19,000 crore monetary profit below the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme to profit greater than 9.5 lakh farmers. The Prime Minister will launch the installments by means of video conferencing at 11 am. A press release issued from the Prime Minister’s Office mentioned, “With the installment, greater than Rs. 19,000 crore might be transferred to greater than 9.5 crore beneficiary farmer households.

“The Prime Minister may also work together with the farmers beneficiaries through the occasion. The Union Minister of Agriculture may also be current on the event. While giving details about this, Narendra Singh Tomar tweeted and wrote, Prime Minister Narendra Modi on 14 May 2021 at 11:00 am, because the eighth installment within the accounts of 9.5 crore farmers of the nation, below the #PMKisan scheme, Rs. 19,000 crore might be transferred by means of DBT.

Under the PM-Kisan scheme, eligible beneficiary farmer households are supplied with a monetary good thing about Rs 6,000 per 12 months, payable in three equal 4-monthly installments of Rs 2,000 every. The fund is straight transferred to the financial institution accounts of the beneficiaries. In this scheme, greater than Rs 1.15 lakh crore price of honors have been transferred to the farming households until now.