Prime Minister Narendra Modi on Monday virtually transferred about Rs 19,500 crore to over 9.75 crore beneficiaries farmers under the government's PM-KISAN scheme.
With this, the government has so far transferred nine installments amounting around Rs 1.57 lakh crore to farmer families under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme.
An annual financial benefit of Rs 6,000 is provided to eligible beneficiary farmer families, payable in three equal four-monthly installments of Rs 2,000 each, under the PM-KISAN scheme.
After the release of the amount, the Prime Minister interacted with beneficiaries of this scheme from across the country.
Addressing the virtual event in the presence of the Prime Minister, Agriculture Minister Narendra Singh Tomar said the farmers have worked hard despite challenges of COVID-19 and ensured bumper production last year. Better output is expected in the coming days due to continued farmers' efforts.