PM KISAN Yojana: 11.8 Crore Farmers Get Financial Aid - Sitharaman
By Rediff Money Desk, NEWDELHI Feb 01, 2024 11:29
Finance Minister Nirmala Sitharaman states 11.8 crore farmers have received financial assistance under PM KISAN Yojana, a direct benefit transfer scheme providing Rs 6,000 annually.
![PM KISAN Yojana: 11.8 Crore Farmers Get Financial Aid - Sitharaman](https://im.rediff.com/money/2014/aug/28pm1.jpg)
New Delhi, Feb 1 (PTI) Finance Minister Nirmala Sitharaman on Thursday said as many as 11.8 crore farmers were provided financial assistance under the PM KISAN Yojana.
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is one of the world's largest Direct Benefit Transfer (DBT) schemes.
Under the PM-KISAN scheme, the government provides a financial benefit of Rs 6,000 per year in three equal four-monthly instalments. The money is transferred into the bank accounts of farmers' families across the country through DBT mode.
Announced in February 2019 in the interim budget, the scheme was effective from December 2018.
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is one of the world's largest Direct Benefit Transfer (DBT) schemes.
Under the PM-KISAN scheme, the government provides a financial benefit of Rs 6,000 per year in three equal four-monthly instalments. The money is transferred into the bank accounts of farmers' families across the country through DBT mode.
Announced in February 2019 in the interim budget, the scheme was effective from December 2018.
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