Govt disburses Rs 15,841 cr to 7.92 cr farmers under PM-KISAN during lockdown

Image
Press Trust of India New Delhi
Last Updated : Apr 10 2020 | 7:42 PM IST

The government has disbursed the first instalment of Rs 15,841 crore to 7.92 crore farmers under the PM-KISAN scheme, since March 24, the day lockdown was announced to curb COVID-19.

Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, the Centre transfers an amount of Rs 6,000 per year, in three equal instalments, directly into the bank accounts of farmers, subject to certain exclusion criteria relating to higher income status.

"During the lockdown period from March 24, about 7.92 crore farmer families have been benefited (under PM-KISAN) and an amount of Rs 15,841 crore has been released so far," the agriculture ministry said in a statement on Friday.

In order to give immediate relief to farmers affected by the nationwide lockdown, the government had on March 27 promised to transfer the first installment of Rs 2,000 to each of 8.69 crore beneficiaries under the scheme, in the first week of April.

The country is under a lockdown till April 14 to prevent the spread of coronavirus that has impacted more than 190 countries in the world.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 10 2020 | 7:42 PM IST

Next Story