New
GS Foundation (P+M) - Delhi: 30 July, 11:30 AM Raksha Bandhan Offer UPTO 75% Off, Valid Till : 6th Aug 2025 GS Foundation (P+M) - Prayagraj: 30th July, 8:00 AM Raksha Bandhan Offer UPTO 75% Off, Valid Till : 6th Aug 2025 GS Foundation (P+M) - Delhi: 30 July, 11:30 AM GS Foundation (P+M) - Prayagraj: 30th July, 8:00 AM

20th installment of Pradhan Mantri Kisan Samman Nidhi Yojana released

Why in news ?

  • Prime Minister Narendra Modi released the 20th installment of Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana from Varanasi.
  • In this installment, an amount of ₹20,500 crore was given to more than 9.7 crore farmers.

 

Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana

  • Pradhan Mantri Kisan Samman Nidhi Yojana is a central sector scheme launched by the Government of India.
  • The scheme was announced in the interim budget on 1 February 2019.
  • It was formally launched by Prime Minister Narendra Modi from Gorakhpur (Uttar Pradesh) on 24 February 2019.
  • Main objectives
    • To provide financial assistance to all landholding farmers of the country.
    • To assist in agricultural costs and reduce dependence on loans.
    • To increase the income of farmers and strengthen the rural economy.
  •  Every eligible farmer is given ₹6000 per year.
  • This amount is given in three equal installments (₹2000 per installment) at an interval of four months.
  • This assistance amount goes directly to the beneficiary's bank account through Direct Benefit Transfer (DBT).
  • A total of ₹3.90 lakh crore has been distributed under the scheme so far.

Q. In which year was the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme launched ?

(a) 2018

(b) 2019

(c) 2020

(d) 2021

« »
  • SUN
  • MON
  • TUE
  • WED
  • THU
  • FRI
  • SAT
Have any Query?

Our support team will be happy to assist you!

OR