New Delhi, June 18: Prime Minister Narendra Modi is set to release financial assistance of ₹18,880 crore under the PM-KISAN scheme, directly benefitting approximately 9.44 crore farmers across the country.
The latest installment under the Pradhan Mantri Kisan Samman Nidhi initiative underscores the government’s continued commitment to supporting farmers’ income and strengthening rural economic stability through direct benefit transfers.
The scheme provides eligible farmers with periodic financial assistance to help meet agricultural input costs and household needs, contributing to improved financial security in rural India.
Officials noted that the timely disbursement of funds is aimed at ensuring uninterrupted support to farmers ahead of the upcoming agricultural cycle, helping them manage expenses related to seeds, fertilizers, and other essential inputs.
The PM-KISAN program remains one of the largest direct income support schemes in the world, playing a key role in enhancing rural livelihoods and promoting inclusive growth in the agriculture sector.
The release is expected to further reinforce the government’s focus on farmer welfare and sustainable agricultural development.