PM will also release an equity grant of more than Rs 14 crore to about 351 Farmer Producer Organizations
Prime Minister, Narendra Modi has planned to release the 10th installment of financial benefit under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on January 1, 2022, on an online mode via video conferencing.
Moving ahead, the scheme will also enable the transfer of Rs 20,000 crore or more to the 10 crore plus beneficiary farmer families. The main agenda of this scheme was to empower the grassroots level farmers, by hearing and resolving the problems they face.
PM-KISAN scheme provides a yearly benefit of Rs 6000 to the eligible beneficiary farmer families, payable in three equal four-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 1.6 lakh crore has been transferred to farmer families so far.
During the programme, PM will also release an equity grant of more than Rs 14 crore to about 351 Farmer Producer Organizations (FPOs), which will benefit more than 1.24 lakh farmers. Prime Minister will also interact with FPOs during the event while addressing the nation.
