India, June 20 -- The Centre released the 23rd installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on June 20, with Prime Minister Narendra Modi transferring financial assistance to eligible farmers during an event in Tarakeswar, Hooghly district of West Bengal.

According to official information, more than 9.44 crore beneficiaries are to receive the installment under the scheme. The government disbursed around Rs.18,880 crore through Direct Benefit Transfer (DBT), crediting Rs.2,000 directly into the bank accounts of eligible farmers.

Under the PM-KISAN scheme, eligible farmer families receive income support of Rs.6,000 annually, paid in three equal installments of Rs.2,000 each.

The previous, 22nd installment was re...