Prime Minister Narendra Modi on June 10 signed his first file authorizing the release of the 17th installment of the PM Kisan Nidhi scheme.
The move will benefit over 9.3 crore farmers and will see the disbursement of over Rs 20,000 crore.
PM Modi on June 9 was sworn-in for the third term after being elected as the leader of the NDA parliamentary party. PM Modi-led Bharatiya Janata Party had secured 240 seats in the Lok Sabha results announced on June 4.
"Ours is a government fully committed to Kisan Kalyan. It is therefore fitting that the first file signed on taking charge is related to farmer welfare. We want to keep working even more for the farmers and the agriculture sector in the times to come, said PM Modi.
The party has received support from its NDA partners Janata Dal (United) and Telugu Desam Party (TDP) for the formation of the PM Modi’s third term.
“The PM today started his work with the signing of the file for the release of Rs 20,000 crores of Kisan Samman Nidhi. Our government is committed to farmers, the poor, the women and the youth. Our government will run based on our ‘Sankalp Patra’ and fulfil the promises made. Our alliances are together. It is not like Congress and its allies – they neither have a leader nor unity. We have a leader, agenda and commitment. Our government will be there for the next 5 years and we will continue to serve the nation after that as well,” Union Minister G Kishan Reddy told news agency ANI.
The PM Kisan Nidhi scheme was launched ahead of 2019 Lok Sabha elections. Under the scheme, which is funded by the Centre, farmers receive Rs 6,000 annually in three installments of Rs 2,000 each every four months and through direct benefit transfer.
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