Release of the 22nd Installment
- The Central Government will release the next installment of funds under the PM-Kisan scheme on March 13. The Prime Minister of India will present the program's 22nd installment to the public.
- The program will deposit ₹2,000 in bank accounts of qualified farmers throughout the nation. The program will provide financial assistance to approximately 9.32 crore farmers.
Program to Be Held in Guwahati
- The special event in Guwahati Assam will serve as the official moment when funds become available. The Agriculture Department official explained that farmers would receive their payments through direct benefit transfer system during the event.
- The government will distribute approximately ₹19,000 crore in this particular installment to farmers throughout the entire country.
Overview of the PM-Kisan Scheme
The PM-Kisan scheme started in 2019 under the government led by Prime Minister Narendra Modi. The program provides farmers with financial support which they can use to buy agricultural equipment and cover essential farming expenses.
Under this scheme:
- Farmers receive ₹6,000 each year.
- The government transfers the amount in three installments.
- The government transfers ₹2,000 to the farmer's bank account through each payment.
- The program continues to support millions of farmers by offering regular financial assistance for agricultural activities.
