Rapid Fire
PM Kisan Nidhi
- 13 Jun 2024
- 1 min read
Recently, the Union Government released the seventeenth instalment of the PM Kisan Nidhi in the first decision of the newly sworn-in government.
- Under the PM Kisan Nidhi scheme, the centre transfers an amount of Rs 6,000 per year, in three equal instalments, directly into the bank accounts of all landholding farmers irrespective of the size of their land holdings.
- Launched in February 2019, it is a Central Sector Scheme with 100% funding from the Government of India.
- It is being implemented by the Ministry of Agriculture and Farmers Welfare, however the entire responsibility of identification of beneficiary farmer families rests with the State / UT Governments.
Read more: PM-Kisan Scheme