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Record-Breaking ₹17,000 Cr Disbursed to 8.5 Crore Farmers Under PM-KISAN Scheme

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Friday, August 25, 2023
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Record-Breaking ₹17,000 Cr Disbursed to 8.5 Crore Farmers Under PM-KISAN Scheme
Historic Disbursement of ₹17,000 Cr to 8.5 Crore Indian Farmers Under PM-KISAN.

In a momentous event, the Honourable Chief Minister of HCM Dr. Himanta Biswa Sarma virtually participated in a programme celebrating the disbursement of the 14th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme. The Honourable Prime Minister also graced this joyous occasion in Sikar, Rajasthan.

Under this scheme, a whopping ₹17,000 crore was successfully transferred to the bank accounts of a staggering 8.5 crore farmers spread across the length and breadth of India.

The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) was launched with the primary aim of financially assisting farmers and ensuring their welfare. The scheme provides direct income support to small and marginal farmers by granting them financial assistance of ₹6,000 per year. The amount is transferred directly to the beneficiaries' bank accounts in three equal instalments.

The successful completion of the 14th instalment distribution underscores the government's commitment to supporting the backbone of India's economy - the hardworking farmers. By providing direct financial assistance, the PM-KISAN scheme aims to address the challenges faced by farmers and bolster their income to meet various agricultural expenses.

The virtual presence of HCM Dr. Himanta Biswa Sarma at the programme exemplifies the state's support and cooperation with the central government's efforts to uplift the farming community. His participation also signifies the importance of coordinated efforts between the centre and the states to ensure the effective implementation of welfare schemes.

Moreover, the presence of the Honourable Prime Minister at the celebration in Sikar, Rajasthan, not only reflects his unwavering commitment to the welfare of farmers but also acknowledges the invaluable contribution of farmers to the nation's growth and development.

By disbursing ₹17,000 crore to 8.5 crore farmers, the government aims to empower them with financial stability and promote agricultural growth. This infusion of funds is expected to enhance farmers' purchasing power, facilitate better access to modern agricultural practices, and ultimately lead to a prosperous agricultural sector.

It is worth mentioning that the successful implementation of the PM-KISAN scheme has been a result of a dedicated team of officials and their tireless efforts to ensure seamless fund transfers and accountability in the process.

This historic disbursement under PM-KISAN comes as a ray of hope for millions of farmers, especially during challenging times. The scheme continues to play a vital role in transforming the lives of farmers and driving India's progress towards agricultural self-sufficiency.

The 14th instalment distribution of ₹17,000 crore under the PM-KISAN scheme marks a moment of pride and celebration for the entire nation. It serves as a testament to the government's unwavering commitment to the welfare of farmers and its relentless pursuit of ensuring their prosperity and wellbeing.