PM Modi transfers Rs 19,000 crores directly to the accounts of 10 crore farmers under PM-KISAN

Prime Minister Narendra Modi on Friday conducted a direct transfer of nearly Rs 19,000 crore to the bank accounts of around 10 crore farmers of the country who are the rightful beneficiaries following the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).

While addressing the occasion of transferring the eight installment under PM-KISAN, PM Modi stated that the farmers from the state of West Bengal will be benefiting for thevfirst time from the scheme.

PM Modi stated, “On this auspicious day of Akshaya Tritiya, around Rs 19,000 crores have directly been transferred to the banks of farmers. It would benefit close to 10 crore farmers. For the first time, farmers from West Bengal will be benefitted from this scheme.”

Prime MInister further appreciated the efforts of the country’s farmers who even through the ongoing pandemic created records in agriculture and gardening. Modi added that the government had bought 10 per cent additional wheat on minimum support price (MSP) this year.

He said, “Amid the difficult challenges of COVID-19, farmers have made records in agriculture and gardening while the government is also setting new records on procurement on MSP every year. In comparison to last year, 10 per cent more wheat has been purchased on MSP this year.”

He further added, “The government is constantly striving to provide new solutions, new options in farming. Such efforts are to promote organic farming. The cost of such crops is also low, they are beneficial to the soil, are healthy, can fetch a higher price.”

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