On February 1, Finance Minister Nirmala Sitharaman announced that PM KISAN Yojana had provided financial assistance to up to 11.8 crore farmers. (Image: PTI)
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The previously mentioned direct benefit transfer of Rs 34 lakh crore via Jan Dhan accounts resulted in savings of Rs 2.7 lakh crore. (Image: PTI)
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The PM-KISAN initiative gives a monetary incentive of Rs 6,000 per year in three equal four-monthly instalments. The funds are sent into the bank accounts of farming families across the country via DBT. The initiative went into effect in December 2018 after being announced in the interim budget in February 2019. (Image: PTI)
