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PM Narendra Modi to disburse 15th PM-KISAN tranche in Jharkhand

Published on: Nov 14, 2023 04:28 PM IST

Under PM-KISAN, the government provides income support of ₹6,000 a year to farmers with a valid enrolment, paid in three equal cash transfers of ₹2,000—one every four months

Prime Minister Narendra Modi will on Wednesday release the 15th installment of PM-KISAN, a cash-transfer scheme for farmers, at Jharkhand’s Khumti, an official statement said on Tuesday.

PM-KISAN is a central sector scheme with 100 per cent funding from the central government. (Facebook | Narendra Modi)

At the event, the PM will disburse nearly 18,000 crore to 80 million eligible farmers through the direct benefit transfer mode.

In the 14th installment, nearly 80.5 million farmers had received a total of 17,000 crore in their bank accounts through electronic transfer made by Modi in July.

Under PM-KISAN, the government provides income support of 6,000 a year to farmers with a valid enrolment, paid in three equal cash transfers of 2,000—one every four months. It was launched on 24 February 2019, when the first installment was paid.

Modi had disbursed 16,800 crore to nearly 80 million farmers under the 13th installment in February this year at Karnataka’s Belagavi.

Also Read: Finance minister Nirmala Sitharaman launches key initiatives for farmers

 
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