The nineteenth installment of PM Kisan Yojana is quickly to be transferred to farmers’ checking account. Prime Minister Narendra Modi will on Monday (February 24, 2025) will launch the nineteenth installment of PM-KISAN scheme, transferring round Rs 22,000 crore on to financial institution accounts of 9.8 crore farmers.
The variety of beneficiaries has elevated from 9.6 crore within the 18th installment.
Addressing a press convention right here, Union Agriculture Minister Shivraj Singh Chouhan on Friday mentioned, “Prime Minister will launch the nineteenth instalment of PM-KISAN on February 24 at a operate in Bhagalpur, Bihar. The quantity shall be straight credited to financial institution accounts of eligible farmers.”
He mentioned a complete quantity of Rs 22,000 crore shall be disbursed to 9.8 crore farmers.
What’s PM Kisan Yojana?
Pradhan Mantri Kisan Samman Nidhi is an initiative by the federal government that give farmers as much as Rs 6,000 per yr as minimal revenue assist. This scheme was launched in 2019 by Piyush Goyal in Interim Union Funds. Beneath this scheme, three equal installments of Rs 2,000 is given to farmers each month.
The Union Agriculture Minister mentioned that the federal government has disbursed complete Rs 3.46 lakh crore to this point beneath Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) and the quantity will rise to Rs 3.68 lakh crore after the discharge of nineteenth instalment subsequent week.
Requested concerning the talks with protesting farmers in Punjab, Chouhan mentioned the federal government has been holding talks with the farming neighborhood and can proceed to take action.
He mentioned the federal government is dedicated to rising manufacturing, cut back enter value, improve farmers’ revenue from their produce and encourage pure farming.
Chouhan mentioned the Congress social gathering talks so much about farmers welfare nevertheless it by no means gave any direct monetary help to farmers once they had been in energy.
Elaborating on the occasion at Bhagalpur, Chouhan mentioned round 2.5 crore farmers are anticipated to take part bodily and nearly.
He mentioned Bihar Governor, Chief Minister and the central ministers belonging to the state can even attend the occasion.
Chouhan knowledgeable that the Prime Minister can even inaugurate a dairy processing unit being established at Barauni and a centre of excellence beneath Gokul Mission, moreover a few rail initiatives within the state.
The minister mentioned the discharge of nineteenth instalment from Bhagalpur shouldn’t be linked to approaching meeting election in Bihar. He added that the Prime Minister has been releasing the instalments from completely different states.
Chouhan mentioned that he shall be assembly Makhana farmers at Darbhanga on February 23 to grasp the issues confronted by them. He mentioned the Makhana Board proposed on this yr’s Funds shall be quickly established.
With inputs from companies
