Assam CM Himanta Biswa Sarma Thanks PM Modi for Helping Farmers with PM-KISAN Scheme
Assam Chief Minister Himanta Biswa Sarma expressed his gratitude to Prime Minister Narendra Modi for releasing the 17th instalment of the PM Kisan Samman Nidhi on June 18th. This release benefited a total of 9.26 crore farmers nationwide.
In Assam alone, Rs 350 crores were disbursed to 17.5 lakh beneficiaries of the scheme. The Chief Minister mentioned that more farmers will be included as beneficiaries in the coming days.
On June 18, PM Narendra Modi released the 17th instalment of the PM-KISAN scheme in Varanasi. More than 9.26 crore farmers received benefits amounting to over Rs 20,000 crore. After assuming office for the third term, PM Modi authorized this release to benefit 9.3 crore farmers and distribute around Rs 20,000 crore.
The PM-KISAN scheme, launched in 2019, aims to supplement the financial needs of all land-holding farmers, subject to certain exclusion criteria of higher income status. The scheme provides a financial benefit of Rs 6,000 per year in three equal installments, every four months, transferred directly into the bank accounts of farmers’ families through Direct Benefit Transfer (DBT) mode.
Since its inception, over Rs 3.04 lakh crores have been disbursed to more than 11 crore farmers across the nation. With this latest release, the total amount transferred to beneficiaries will exceed Rs 3.24 lakh crores.