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| PM releases 8th instalment of financial benefit under PM-KISAN |
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New Delhi: Prime Minister Narendra Modi on Friday released the 8th instalment of financial benefit of over Rs 20,000 crore to over 9.5 crore beneficiary farmers under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme via video conferencing.
Under the PM-KISAN scheme, a financial benefit of Rs 6000 per year is provided to the eligible beneficiary farmer families, payable in three equal 4-monthly installments of Rs 2000 each.
The fund is transferred directly to the bank accounts of the beneficiaries. In this scheme, Samman Rashi of over Rs 1.15 lakh crore has been transferred to farmer families so far.
The Prime Minister also interacted with farmer beneficiaries during the event.
Union Minister of Agriculture & Farmers' Welfare Narendra Singh Tomar was also present on the occasion.
On the occasion, the Prime Minister said for the first time, the farmers of West Bengal would be getting the benefit of this scheme.
He lauded the efforts of the farmers who have made record produce in food grains and horticulture amidst the difficulties during this pandemic.
The Prime Minister said Government is also setting new records in procurement at MSP every year. Paddy procurement at MSP had set new records and now wheat procurement at MSP is also setting new records.
He added that so far this year, about 10 percent more wheat has been procured at MSP, compared to last year. So far, about Rs 58,000 crore for wheat procurement has reached the farmers' account directly.
The Prime Minister remarked that the Government is constantly trying to provide new solutions and new options in farming. Promoting organic farming is also one of such effort. Organic farming delivers more profit and is now being practiced across the nation by young farmers. He said that now organic farming is being practised on both banks of Ganga and within a radius of about 5 kilometers, so that the Ganga remains clean.
The Prime Minister stressed that during this COVID-19 pandemic, Kisan Credit Card's deadline has been extended and instalments can now be renewed by June 30. He said more than 2 crore Kisan Credit Cards have been issued in recent years.
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