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PM-Kisan scheme: Govt so far transferred Rs 5,215 cr to about 2.6 cr farmers

Press Trust of India  |  New Delhi 

The central government has so far transferred Rs 5,215 crore to over 2.6 crore small and marginal farmers under the PM-Kisan scheme announced in the last month's interim budget.

Ahead of the general election, the Centre announced the Rs 75,000-crore (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 on February 24 at in by transferring the first instalment to 1.01 crore farmers, totalling Rs 2,021 crore.

"Under PM Kisan Samman Nidhi: Benefit of over Rs 5,215 crore transferred directly into the of more than 2.6 crore small and marginal farmers within 37 days of announcement of the scheme!, the (PMO) said in a tweet on Sunday.

"Would be first scheme where such an amount has been transferred to so many beneficiaries in such a short span of time," the PMO further said.

Last week, the had said that Uttar Pradesh, and have taken a lead in taking benefit under the PM-Kisan scheme.

Till March 7, as many as 74.71 lakh farmers in received the first installment, while 32.15 lakh farmers were benefitted in

Around 25.58 lakh farmers in Gujarat, 11.55 lakh farmers in Maharasthra, 14.41 lakh farmers in Telangana and 14.01 lakh farmers in got the first payment.

Among other states, 8.34 lakh farmers in had received the first installment, followed by 8.09 lakh farmers in and 8.07 lakh farmers in Odisha, the ministry data had showed.

The Centre is transferring the money directly into the of eligible farmers, being identified by states and union territories (UTs).

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, March 11 2019. 13:00 IST