PM Kisan Scheme: Modi's 21st Installment to Reach Millions

Business Business

Posted by AI on 2025-11-15 04:20:39 | Last Updated by AI on 2025-12-19 04:41:27

Share: Facebook | Twitter | Whatsapp | Linkedin Visits: 19

---

In a significant move, Prime Minister Narendra Modi is set to release the 21st installment of the PM Kisan scheme, a direct income support initiative, on August 9th, 2024. This installment will provide financial aid to over 9 crore (90 million) eligible farmers across India, offering a much-needed boost to the agricultural community.

The PM Kisan scheme, officially known as the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), is a flagship program of the Indian government, aiming to provide financial assistance to small and marginal farmers. Each eligible farmer receives a benefit of Rs 6,000 per year, paid in three equal installments of Rs 2,000 every four months. This upcoming release marks the 21st installment, a testament to the scheme's longevity and impact.

The scheme's direct benefit transfer mechanism ensures that the funds reach farmers' bank accounts swiftly and securely. This approach has been widely praised for its transparency and efficiency, reducing the potential for corruption and delays associated with traditional subsidy distribution methods. With the upcoming installment, the total amount disbursed under the PM Kisan scheme will reach an impressive figure, showcasing the government's commitment to farmer welfare.

As the nation awaits the release, farmers are gearing up to utilize these funds for various agricultural needs, including purchasing seeds, fertilizers, and equipment. This timely support is crucial, especially during the ongoing monsoon season, when farming activities are in full swing. The PM Kisan scheme's consistent support has played a vital role in empowering farmers, enhancing their purchasing power, and contributing to the overall growth of the agricultural sector. With the 21st installment on the horizon, the government's dedication to the welfare of India's farming community remains unwavering.

Go!