At Khunti in Jharkhand, PM Modi will unveil the fifteenth installment of PM-KISAN, a cash-transfer program for underprivileged farmers, on Wednesday. According to an official announcement, Prime Minister Narendra Modi will unveil the fifteenth installment of PM-KISAN, a cash-transfer program for low-income farmers, at Khunti, Jharkhand, on Wednesday.
Modi would use direct benefit transfer at the occasion to provide 80 million farmers about ₹18,000 crores. In July, around 80.5 million farmers got ₹17,000 crore in their bank accounts as part of the 14th installment.
Farmers who have a valid enrollment are eligible for an annual income assistance of ₹6,000 from the government under PM-KISAN. Every four months, it is paid in three equal cash transfers totaling ₹2,000. The welfare program got underway on February 24, 2019.
In February, at Belagavi, Karnataka, Modi distributed ₹16,800 crores to about 80 million farmers as part of the 13th installment. In May and October of 2022, the eleventh and twelfth installments of the PM-KISAN program were made available.
According to the government, the plan has also helped over 30 million women farmers, who have received a total of over ₹53,600 crores. The government has given qualified farmers payments totaling more than ₹2.42 lakh crores since the program’s inception. It is a 100% central plan, PM-KISAN.
State governments are in charge of identifying the recipients. Subject to exclusions such as total asset value, tax payments, and income limitations, every landowning agricultural household may enroll itself.
