Under PM KISAN scheme, the Centre transfers an amount of Rs 6,000 per year, in three equal instalments, directly into the bank accounts of all landholding farmers irrespective of the size of their land holdings. It was launched in February 2019. Prime Minister Narendra Modi release the 11th installment of financial benefits worth Rs 21,000 crore under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme to more than 10 crore farmers on May 31 in Shimla, Himachal Pradesh. As part of a national event ‘Garib Kalyan Sammelan’, PM will also interact with beneficiaries of 16 schemes and programmes implemented by nine central ministries through video conferencing, the agriculture ministry said in a statement.
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