New Delhi, Dec 23: Prime Minister Narendra Modi will release the next instalment of financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) on December 25, 2020 via video conferencing, officials said on Wednesday.
“With the push of a button, the Prime Minister will enable the transfer of more than Rs. 18,000 crores to more than 9 crores beneficiary farmer families,” PMO said.
The Prime Minister will also interact with farmers from six different States during the event.
“The farmers will share their experiences with PM-KISAN and also on various other initiatives taken by the Government for the welfare of farmers. Union Agriculture Minister will also be present on the occasion,” it added.
Under the PM-KISAN scheme, a financial benefit of Rs 6,000 per year is provided to small and marginal farmers, payable in three equal instalments of Rs 2,000 each. The fund is transferred directly to the bank accounts of the beneficiaries.
The announcement comes amid protests by various farmer unions against three farm laws recently enacted by the Modi government.