Modi releases eighth installment of PM-Kisan scheme; over 7 lakh Bengal farmers benefitted

Prime Minister Narendra Modi Friday launched the eighth installment of Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, giving over Rs 20,000 crore to about 9.5 crore farmer beneficiaries.
For the primary time, farmers in West Bengal have joined the scheme and about 7 lakh Bengal farmers acquired their first installment as we speak.
The installment is launched at a time when India continues combat the lethal Covid wave. “In these challenging times,” the prime minister at a digital occasion stated, “farmers have made records in agriculture and the government is also setting new records on procurement on MSP every year.” Modi stated that compared to 2020, 10 per cent extra wheat has been bought on MSP this yr.
At the occasion, PM Modi will work together with farmers from Uttar Pradesh, Maharashtra, Andhra Pradesh, Meghalaya, Jammu & Kashmir and Andaman and Nicobar. Union Agriculture minister Narendra Singh Tomar was additionally current on the event.

The PM-Kisan scheme, launched in February 2019, is offering Rs 6,000 in 3 installments to 14 crore farmers yearly. The quantity is straight transferred into the financial institution accounts of the beneficiaries by means of direct profit switch (DBT) mode.
Till now, over Rs 1.15 lakh crore has been transferred to farmer beneficiaries below the scheme.

While releasing the eighth installment, Modi additionally touched upon the continued covid-19 vaccination drive within the nation, saying that governments on all ranges are making efforts to vaccinate its residents. “About 18 crore vaccine doses have been given so far, both Centre and states are making efforts to vaccinate all citizens,” he stated. Modi additionally requested states to take motion towards these concerned in black-marketing of medicines and important provides.
(With inputs from businesses)