Rs 12,305cr disbursed so far to farmers under PM-KISAN scheme

The Centre has disbursed Rs 12,305 crore so far to beneficiaries under the PM-KISAN programme that aims to boost farmers income by providing them Rs 6,000 per year in three equal instalments.

"Recently, the government has initiated the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme effective from February 1 to enable farmers to take care of expenses related to agriculture and allied activities as well as domestic needs," Agriculture Minister Narendra Singh Tomar said in a written reply to the Rajya Sabha.

The scheme provides a payment of Rs 6,000 per year in three equal instalments of Rs 2,000 to beneficiaries.

Recently, the Centre decided to extend the benefit of this scheme to all 14.5 crore farmers, irrespective of the size of their landholding, costing Rs 87,217.50 crore annually to the exchequer.

Giving an update on disbursement, Tomar, in a reply to a separate query, said, "Till date, the first installment to 3,29,52,568 beneficiaries and the second installment to 2,85,73,889 beneficiaries have been credited directly to the bank accounts of farmers' families under the PM-KISAN scheme."