According to the Ministry of Fisheries, Animal Husbandry and Dairying, this instalment, amounting to more than Rs 20,000 crore, will be disbursed through Direct Benefit Transfer (DBT) to over 9.4 crore farmers nationwide, ensuring financial support without the involvement of intermediaries.
The occasion is being marked as PM-KISAN Utsav Divas across India, with around 2.5 crore farmers expected to join the event via webcasts from over 732 Krishi Vigyan Kendras (KVKs), one lakh Primary Agricultural Cooperative Societies, and five lakh Common Service Centres.
Launched in February 2019, the PM-KISAN scheme provides an annual financial benefit of Rs 6,000 to landholding farmers, disbursed in three equal instalments.
With this 18th instalment, the total disbursement under the scheme will surpass Rs 3.45 lakh crore, benefiting more than 11 crore farmers across the country.
This story is from the October 05, 2024 edition of The Business Guardian.
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This story is from the October 05, 2024 edition of The Business Guardian.
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