PM Modi To Release 3rd Installment Of PM-KISAN Scheme Today; To Benefit 8 Crore Farmers

A PMO release said that he will also give away Agriculture Minister's Krishi Karman Awards for progressive farmers.

New Delhi: Prime Minister Narendra Modi will distribute Krishi Karman Awards and Commendation Awards to states at a public meeting in Tumkur, Karnataka on Thursday and will release the third instalment of PM Kisan (Pradhan Mantri Kisan Samman Nidhi) of Rs 2000 for December 2019-March 2020.  The rs 11,000 crore amount will benefit about eight crore beneficiaries. A PMO release said that he will also give away Agriculture Minister's Krishi Karman Awards for progressive farmers. Prime Minister will hand over Certificates to beneficiaries under PM Kisan from eight states and union territories. Modi will also distribute Kisan Credit Cards (KCC) to select farmers of Karnataka and visit an exhibition at the venue and address the gathering. More than Rs 2,000 crore was released to over one crore farmers' families across the country in the first two instalments. The amount is being released in three four-monthly instalments of Rs 2,000 each to be credited into the bank accounts of the beneficiaries held in destination banks through direct benefit transfer mode. In February last year, the Union Cabinet chaired by the Prime Minister had approved the PM-KISAN scheme, seeking to provide income support to all small and marginal landholder farmers' families with cultivable landholding of up to two hectares across the country, by way of payment of Rs 6,000 per year.