PM-Kisan Scheme: About 4.74 crore Farmers To Get 2nd Installment From Next Month

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(PTI)

About 4.74 crore small and marginal farmers registered under the PM-Kisan scheme before the Model Code of Conduct (MCC) for general election came into effect on March 10 will get the second installment of Rs 2,000 each in their bank accounts, a senior government official said.

Of these 4.74 crore beneficiaries, 2.74 crore farmers have so far received the first installment and the rest will be covered by month-end, he said. The Election Commission of India (ECI) has allowed the Union Agriculture Ministry to transfer the first and second tranche of the payment to all those beneficiaries registered under the scheme before March 10, the official added.

Ahead of the Lok Sabha polls, the Centre announced the Rs 75,000-crore Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme under which Rs 6,000 per year would be disbursed in three instalments to around 12 crore farmers who hold cultivable land up to 2 hectares .

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