Tribune News Service

New Delhi, August 7

Prime Minister Narendra Modi will release the next installment of financial benefit under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on August 9, 2021, at 12.30 pm via video conferencing.

This will enable the transfer of an amount of more than Rs 19,500 crore to more than 9.75 crore beneficiary farmer families, according to the PMO.

The Prime Minister will interact with farmer-beneficiaries during the event and will also address the nation.

Under the PM-KISAN scheme, a financial benefit of Rs 6,000 per year is provided to the eligible beneficiary farmer families, payable in three equal 4-monthly installments of Rs 2,000 each. The fund is transferred directly to the bank accounts of the beneficiaries. In this scheme, Samman Rashi of over Rs 1.38 lakh crore have been transferred to farmer families so far.

Union Agriculture Minister Narendra Singh Tomar will also be present on the occasion.