New Delhi, March 11 -- The government has disbursed more than Rs 4.09 lakh crore to farmers under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme through 21 instalments since its launch in February 2019.
Minister of State for Agriculture and Farmers Welfare Bhagirath Chaudhary said in a written reply in the Lok Sabha that the scheme was introduced to supplement the financial needs of farmers with cultivable land holdings.
Under PM-KISAN, eligible farmers receive financial assistance of Rs 6,000 annually, which is transferred in three equal instalments directly into Aadhaar-seeded bank accounts through the Direct Benefit Transfer (DBT) system.
The scheme uses cultivable landholding as the primary eligibility criterion, subject...