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Prime Minister Kisan Samman Nidhi

Prime Minister Kisan Samman Nidhi:

Prime Minister Narendra Modi recently released the eighth instalment of Prime Minister Kisan Samman Nidhi.

  • Under the Scheme, the Government of India transfers Rs 6,000 to the account of small and marginal farmers.
  • These funds are transferred in three instalments. The first instalment of Rs 2,000 is made between April and June.
  • The second Instalment is made between August and November. The third instalment is made between December and March.
  • The scheme was begun in 2018.
  • The scheme provides financial support to farmers who hold land ownership up to two hectares.
  • Since its inception, the government has provided Rs 75,000 crores.
  • It aims to cover 125 million farmers irrespective of their land size.