About 4.74 crore small and marginal farmers registered under the PM-Kisan scheme before the Model Code of Conduct (MCC) for general election came into effect on March 10 will get the second installment of Rs 2,000 each in their bank accounts, a senior government official said Saturday.
Of these 4.74 crore beneficiaries, 2.74 crore farmers have so far received the first installment and the rest will be covered by month-end, he said.
The Election Commission of India (ECI) has allowed the Union Agriculture Ministry to transfer the first and second tranche of the payment to all those beneficiaries registered under the scheme before March 10, the official added.
Ahead of the Lok Sabha polls, the Centre announced the Rs 75,000-crore Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme under which Rs 6,000 per year would be disbursed in three instalments to around 12 crore farmers who hold cultivable land up to 2 hectares.
In the budget, the NDA government allocated a sum of Rs 20,000 crore, to transfer Rs 2,000 each to farmers in the first installment by March-end, for the ongoing fiscal under the scheme.
The scheme was formally launched at national level by Prime Minister Narendra Modi on February 24 at Gorakhpur in Uttar Pradesh by transferring the first instalment to 1.01 crore farmers, amounting Rs 2,021 crore.
The government has already released the first installment of Rs 2,000 each to 2.74 crore beneficiaries and the remaining will be covered before this month-end, he said.
With regard to the payment of second tranche to begin from April 1, the official said the ECI has allowed to make the payment to all those beneficiaries registered before the MCC kicked in.
"We can go ahead and make the payment of first installment to the rest of the people whose names are on the portal. We can go ahead and make the payment for the second installment as well," the official said.
In Uttar Pradesh, the first installment has been released to around one crore farmers so far and the Centre has received data of additional 66 lakh farmers.
The official also mentioned that no fresh data has come from states after the MCC came into effect.