Modi government will release the 18th installment of Kisan Samman Nidhi today

Delhi/UP. PM Modi will release the 18th installment of Kisan Samman Nidhi today at a special event organized in Washim, Maharashtra. With this, an amount of Rs 4,985.49 crore will be transferred to the accounts of 2,25,91,884 farmers of Uttar Pradesh. The Pradhan Mantri Kisan Samman Nidhi Yojana has played an important role in strengthening the economic condition of the farmers. With the coordination of the central and state government, the farmers of Uttar Pradesh are continuously taking advantage of this scheme, increasing their income and bringing stability in the agriculture sector.

The Yogi government in Uttar Pradesh has made tremendous progress by promptly implementing the schemes of the central government. State Agriculture Minister Surya Pratap Shahi said that from the beginning of the scheme in the state till July this year, a total of Rs 74,492.71 crore has been paid to the farmers so far through all 17 installments. During this period, 2.76 crore farmers of the state have received the benefit of this scheme at least once. The 17th installment of Pradhan Mantri Kisan Samman Nidhi was distributed by the Prime Minister during a program organized in Varanasi on June 18, 2024.

During this, an amount of Rs 4,831.10 crore was distributed to 2,14,55,237 farmers. Along with this, the farmers whose installments were stopped due to some reason were given an amount of Rs 46.70 crore after their data correction. About 9.51 crore farmers across the country will benefit from the 18th installment of PM Kisan Samman Nidhi. An amount of Rs 20,552 crore will be transferred directly to the bank accounts of the farmers.

The Pradhan Mantri Kisan Samman Yojana was launched in December 2018 with the aim of increasing the income of farmers. Under this scheme, farmers are given an installment of Rs 2,000 every four months as financial assistance. This gives them a financial aid of Rs 6,000 in a year.

–IANS