PM to release next installment under PM-Kisan on 25 December

New Delhi: Prime Minister Narendra Modi will release the next installment of financial benefit under Prime Minister Kisan Samman Nidhi (PM-Kisan) through video conferencing at 12 noon on December 25, 2020. By pressing a button, the Prime Minister will transfer more than Rs 18,000 crore to more than 9 crore beneficiary farmer families.

During the event, the Prime Minister will also interact with farmers from six different states. Farmers will share their experiences about PM-Kisan and various other steps taken by the government for the welfare of farmers. The Union Minister of Agriculture will also be present on the occasion.

Under the PM-Kisan Yojana, a financial benefit of Rs 6,000 per year is provided to eligible beneficiary farmers, which is payable in three equal installments of Rs 2,000 every four months. The money is directly transferred to the bank accounts of the beneficiaries.