PM Kisan 17th installment: Prime Minister Narendra Modi released the 16th installment of the PM KISAN scheme on February 28, 2024 to all eligible farmers. Under the PM-KISAN initiative, qualifying farmers get Rs 2,000 every four months, totaling Rs 6,000 per year. Check when the next installment is due.
With the 16th instalment amount included, the scheme has benefitted more than 11 crore eligible farmer families with Rs 3 lakh crore transferred directly to their accounts in the last five years
The Indian government will release the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana (Scheme) 16th instalment on February 28, 2024, according to the PM Kisan website.
PM Kisan 16th installment: Prime Minister Narendra Modi released the 16th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme worth over Rs 21,000 crore to more than 9 crores farmers today.
Prime Minister Narendra Modi participates in a public programme in Maharashtra's Yavatmal district. He inaugurates various development projects, releases benefits under PM KISAN, launches multiple schemes, and improves rail and road connectivity for the region.
Farmers protest: Hours before farmers resume their march to Delhi, sources in the Centre have said that the Narendra Modi government has taken several pro-farmer steps during its 10 years in power, including a hike in budget allocation.
PM Modi led government has taken several important steps for the improvement of living standards of farmers and the upliftment of agriculture sector since coming to power in 2014.
Agriculture Minister Arjun Munda said in a written reply to Lok Sabha said that there is No proposal is under consideration to increase PM KISAN amount to Rs 8,000-12,000 per year.
The government has no proposal to increase the financial benefit to farmers under PM-KISAN scheme to Rs 8,000-12,000 per year, including for women farmers. Launched in 2019, PM-KISAN provides eligible farmers a financial benefit of Rs 6,000 per year. The government has disbursed over Rs 2.81 lakh crore to more than 11 crore farmers. PM-KISAN is one of the largest Direct Benefit Transfer (DBT) schemes.