Prime Minister Shri Narendra Modi extended warm congratulations to farmers across the country on the 6th anniversary of the PM Kisan Samman Nidhi Yojana, a landmark initiative aimed at providing financial assistance to farmers.
Since its inception, the scheme has significantly contributed to the welfare and empowerment of the agricultural community. The Prime Minister expressed satisfaction that ~₹3.5 lakh crore has been transferred to farmers’ accounts under the scheme.
To mark the occasion, the 19th installment of PM-KISAN was released by Prime Minister Modi in Bhagalpur, Bihar, benefiting over 9.8 crore farmers, including 2.41 crore female farmers. A total of ₹22,000 crore was disbursed through Direct Benefit Transfer (DBT), ensuring transparency and eliminating middlemen.
Union Minister for Petroleum and Natural Gas, Shri Hardeep Singh Puri, while attending the event, emphasised that farmers’ welfare remains a top priority for the government. He lauded their role as the backbone of the economy and custodians of food security.
In a significant development, 30 lakh more farmers have been added as beneficiaries under PM-KISAN. The Union Minister also announced an increase in the Kisan Credit Card (KCC) limit from ₹3 lakh to ₹5 lakh, facilitating better access to credit. This enhancement will help farmers invest in modern agricultural techniques, buy better equipment, and improve productivity.
Union Minister Dr Jitendra Singh also introduced the PM Dhan Dhanya Krishi Yojana, a new initiative aimed at boosting agricultural advancement. The scheme focuses on 100 districts across India, ensuring targeted resource allocation, modern technology adoption, and increased productivity in these areas.
With the ₹3.46 lakh crore already disbursed in 18 installments, PM-KISAN continues to play a pivotal role in rural economic growth.
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Published on: Feb 25, 2025, 10:10 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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