The Prime Minister Kisan Samman Nidhi Yojana is a scheme of Indian government that has helped improve the financial condition of farmers immensely. Under this scheme, central government provides the farmers a financial assistance of Rs 6,000 annually through their bank accounts in three instalments of Rs 2,000 each.
The first instalment is transferred between 1st December to 31st March, second between 1st April to 31st July, while the third is given between 1st August to 30th November.The farmers have already been given six instalments, while the government has begun the preparations for seventh instalment, which is expected be transferred to the bank account of farmers by November-end.
The Ministry of Agriculture released the data for PM Kisan Yojana a few days ago, according to which nearly 11 crore farmers have been benefitted by the scheme until now costing the Centre nearly Rs 95,000 crore.According to the government figures, 11, 19, 474 farmer families in Jammu and Kashmir have been benefitted from this scheme, whereas 1,74,105 farmers in Meghalaya and 31, 16, 920 in Assam have received the benefits.
