PM Modi releases 24th PM-KISAN instalment for 9.34 crore farmers

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New Delhi: Prime Minister Narendra Modi on Friday, October 30, released the 24th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme during a public event in Banaskantha, Gujarat.

More than ₹18,690 crore has been transferred directly to the bank accounts of over 9.34 crore eligible farmers across the country.

Addressing the gathering, Modi described farmers as one of the strongest pillars of the country and said the government had consistently prioritised their empowerment.

He referred to farmers as Annadatas and highlighted the importance of financial assistance in supporting their livelihoods.

Under the PM-KISAN scheme, eligible farmer families receive ₹6,000 annually in three equal instalments of ₹2,000 each through Direct Benefit Transfer (DBT).

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With the latest release, the scheme has completed 24 instalments. More than ₹4.47 lakh crore had already been disbursed through the first 23 instalments.

Alongside the financial assistance, the Prime Minister dedicated 521 units developed under the Agriculture Infrastructure Fund to the nation. These facilities are aimed at strengthening agricultural storage, processing and related infrastructure.

He also inaugurated 12 horticulture clusters to encourage the cultivation of high-value crops and improve farmers’ income opportunities.

The initiatives are part of the Centre’s broader efforts to strengthen the agricultural sector through financial support, improved infrastructure and crop diversification.

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