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 stated, “Prime Minister will launch the nineteenth instalment of PM-KISAN on February 24 at a perform in Bhagalpur, Bihar. The quantity might be instantly credited to financial institution accounts of eligible farmers.”Â
He stated a complete quantity of Rs 22,000 crore might 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 12 months as minimal earnings help. This scheme was launched in 2019 by Piyush Goyal in Interim Union Finances. Underneath this scheme, three equal installments of Rs 2,000 is given to farmers each month.
The Union Agriculture Minister stated that the federal government has disbursed whole Rs 3.46 lakh crore to this point below 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 in regards to the talks with protesting farmers in Punjab, Chouhan stated the federal government has been holding talks with the farming group and can proceed to take action.
He stated the federal government is dedicated to growing manufacturing, scale back enter price, improve farmers’ earnings from their produce and encourage pure farming.
Chouhan stated the Congress get together talks loads about farmers welfare however it by no means gave any direct monetary help to farmers once they had been in energy.
Elaborating on the occasion at Bhagalpur, Chouhan stated round 2.5 crore farmers are anticipated to take part bodily and just about.
He stated 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 below Gokul Mission, apart from a few rail initiatives within the state.
The minister stated the discharge of nineteenth instalment from Bhagalpur shouldn’t be linked to imminent meeting election in Bihar. He added that the Prime Minister has been releasing the instalments from totally different states.
Chouhan stated that he might be assembly Makhana farmers at Darbhanga on February 23 to grasp the issues confronted by them. He stated the Makhana Board proposed on this 12 months’s Finances might be quickly established.
With inputs from companies
