PM Modi releases Rs 18,000 cr for farmers under Kisan Samman Nidhi scheme

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Prime Minister Narendra Modi released the newest installment of financial benefit to the farmers under the PM Kisan Samman Nidhi scheme. The amount exceeds Rs 18,000 crore and it’ll be delivered to over 90 million beneficiaries via direct benefit transfer.

With the push of a button, Modi enabled the transfer of money at an event which the ruling BJP has made into a mega exercise to achieve out to farmers by having its leaders interact with the farming community at more than 19,000 venues across the country and also listen to the prime minister’s address.


Modi released the instalment of Rs 2,000 to each and every farmer on the birth anniversary of former prime minister and BJP stalwart Atal Bihari Vajpayee, which is once a year celebrated as “Good Governance Day” by the ruling party.




Under the PM-KISAN scheme, a financial good thing about Rs 6,000 per year is given to small and marginal farmers, payable in three equal instalments of Rs 2,000 every. The fund is transferred directly to the bank accounts of the beneficiaries.








The programme comes amid protests by quite a lot of farmer unions against three farm laws recently enacted by the Modi government.



The government has insisted that these reforms are in the interest of farmers.


Union Agriculture Minister Narendra Singh Tomar said the government used to be self-assured that all of the amount would reach the farmers’ accounts directly and it would greatly benefit the farmers. He further added, “I appeal to the protesting farmers to end their protest and hold talks with the government. I am hoping they’ll understand the importance of the new farm laws, and the issue will be resolved soon.”



I received my Kisan Credit Card in 2019. I took an amount of Rs 27,000 on loan from the bank on a mere 4 per cent interest as in comparison to 20 per cent from intermediaries: Naveen, a farmer from Odisha all over interplay with PM Modi pic.twitter.com/ou8uJcJmJf


— ANI (@ANI) December 25, 2020


PM Narendra Modi, while addressing the people, said, “Happiness in the lives of farmers adds happiness to the entire people. I wish everyone a more than happy Christmas. Today is Geeta Jayanti. Today we also mark Madan Mohan Malviya’s birth anniversary, and also the birth anniversary of Bharat Ratna Atal Bihari Vajpayee. Hence, on this day we celebrate Good Governance Day.”



“Atal ji used to be the flagbearer of good governance. He laid the foundation stone for such a lot of welfare schemes for farmers and for development. Due to this fact, all of the nation pays tribute to him.”
He addes, “Ataj ji spoke against all sorts of corruption related to welfare schemes for farmers. Kisan Samman Nidhi scheme lives up to his expectations of Good Governance. This is good governance. No commission, no cut, no leakage, direct fund transfer to the farmers.”
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First Published: Fri, December 25 2020. 12:40 IST





























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