PM-KISAN completes three years of implementation; Rs 1.82 lakh crore transferred in farmers accounts through DBT

The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme celebrated its third anniversary on February 24, 2022.

PM-KISAN was launched on February 24, 2019, to provide financial assistance to the farmers. Under this scheme, the financial benefit of Rs 6000 yearly in three equal installments of Rs. 2000 is transferred into the bank accounts of farmers’ families across the country through Direct Benefit Transfer (DBT) mode.

As on February 22, 2022, the scheme has provided benefits to about 11.78 Crore farmers and funds amounting to Rs 1.82 lakh crore in various installments have been released to the eligible beneficiaries. Out of which Rs. 1.29 lakh crore has been released during the current Covid 19 pandemic period.