PM Modi’s Latest Announcement Has 9.8 Crore Farmers Smiling—Find Out Why

Prime Minister Narendra Modi has transferred the 19th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, crediting over ₹22,000 crore to the bank accounts of 9.8 crore farmers. The huge financial support is aimed at boosting the income of Indian farmers. The PM-KISAN scheme provides ₹6,000 annually to eligible farmers in three instalments of ₹2,000 each. The program has disbursed approximately ₹3.5 lakh crore to farmers since its inception, rendering it the largest direct cash transfer program globally.

The funds are remitted directly into farmers' bank accounts, ensuring timely financial assistance for farm inputs and household needs.

Source: Indian Express, CNBC TV18