Seven lakh Bengal farmers received the first instalment of funds from the Pradhan Mantri Kisan Samman Nidhi on Friday, ending a deadlock for over two years with both the Trinamul Congress and the BJP claiming victory over the release of the funds to farmers.
“Due to demand and actions of CM and government of West Bengal, seven lakh farmers of West Bengal got their due entitlement, the first instalment of Kisan Samman Nidhi today by direct transfer as per data submitted by state. State will fight for its farmers,” read a tweet by the Bengal home department on Friday.
Under the PM-Kisan scheme, a financial benefit of Rs 6,000 per year is provided to beneficiaries, payable in three four-monthly instalment of Rs 2,000 each, which is transferred directly to their bank accounts.
Read more about Modi releases 8th installment worth over Rs 20,000 cr for PM-Kisan scheme on Business Standard. Prime Minister Narendra Modi on Friday released eighth installment of over Rs 20,000 crore to more than 9.5 crore farmer beneficiaries under the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme
India: Modi releases 8th instalment of PM-KISAN benefits
IANS/New Delhi
The fund is transferred directly to the bank accounts of the beneficiaries. Indian Prime Minister Narendra Modi on Friday released the eighth instalment of financial benefits worth Rs 19,000 crore under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme to benefit more than 9.5 crore farmers that includes first-time beneficiaries in West Bengal.
The Prime Minister released the instalment through video conferencing, saying farmers in West Bengal for the first time benefitted with the Central scheme and that more farmers will get the support as soon as the Centre receives it .
Highlights
It aims to provide income support farmers.
Certain exclusions are also listed.
New Delhi: The wait for the 8th instalment of the Prime Minister Kisan Samman Nidhi Scheme (PM-KISAN) will get over today (Friday), as it on the auspicious occasion of Akshaya Tritiya, PM Modi will release latest tranche.
The 8th instalment of financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme will be released by PM Modi at 11 AM via video conferencing. This will enable the transfer of more than Rs. 19,000 crores to more than 9.5 crores beneficiary farmer families, confirmed the PMO.
The last or 7th instalment of PM Kisan was paid on Christmas, December 25, which is also the birth anniversary of former PM Atal Bihari Vajpayee.