Will PM Modi Unveil the 20th PM-KISAN Installment from Varanasi on August 2?

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Will PM Modi Unveil the 20th PM-KISAN Installment from Varanasi on August 2?

Synopsis

On August 2, PM Modi will launch the 20th installment of PM-KISAN in Varanasi, an essential part of the government's initiative to provide direct financial support to farmers. This event is expected to engage millions across India, highlighting the administration's commitment to empowering the agricultural sector.

Key Takeaways

  • PM-KISAN scheme launched in February 2019
  • Annual financial support of Rs 6,000
  • 20th installment to benefit 9.7 crore farmers
  • Direct Benefit Transfer mode used for disbursement
  • Significant impact on rural economies

New Delhi, July 30 (NationPress) - Prime Minister Narendra Modi is set to unveil the 20th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on August 2 from Varanasi, representing a pivotal advancement in the government's direct benefit transfer initiative aimed at farmers.

The PM-KISAN initiative, a central sector program initiated in February 2019 by Prime Minister Modi, seeks to alleviate the financial pressures faced by land-holding farmers. Eligible farmers receive an annual benefit of Rs 6,000, distributed in three equal installments via Direct Benefit Transfer (DBT), making it one of the largest DBT schemes globally.

A preparatory meeting was convened on Wednesday in Delhi, led by Union Agriculture and Farmers Welfare Minister Shivraj Singh Chouhan, to finalize arrangements for the forthcoming nationwide event.

Chouhan characterized the PM-KISAN scheme as a “historic success”, underscoring its importance in bolstering farmers' incomes directly. He revealed plans for the 20th installment's distribution as part of a widespread campaign, featuring events across all states. These gatherings are anticipated to attract lakhs of farmers, alongside Chief Ministers, Union Ministers, MPs, MLAs, and other public figures.

The meeting also involved a virtual session with 731 Krishi Vigyan Kendras (KVKs), over 100 Indian Council of Agricultural Research (ICAR) institutions, as well as Vice Chancellors and officials from agricultural universities nationwide to ensure coordinated efforts leading up to the Varanasi event.

Chouhan stated, “This is not merely a financial transaction; it is a mission to empower our farmers and raise awareness.” He urged for enthusiastic organization of the program, ensuring it reaches farmers at the grassroots level.

The upcoming 20th installment, totaling around Rs 20,500 crore, will provide support to approximately 9.7 crore farmers across the nation.

To maximize engagement and outreach, Minister Chouhan directed officials to collaborate with rural networks, including Krishi Sakhis, Drone Didis, Bank Sakhis, Pashu Sakhis, Insurance Sakhis, and Gram Panchayat Sarpanches, to enhance awareness of the event and mobilize local communities.

“I encourage all farmer brothers and sisters to actively participate in these programs on August 2, transforming it into a festival of gratitude and empowerment,” he added.

Present at the meeting were Union Agriculture Secretary Devesh Chaturvedi, ICAR Director General Dr Mangi Lal Jat, and other senior officials, who deliberated on logistical and promotional strategies to ensure the program's success.

Through PM-KISAN, the government allocates Rs 6,000 annually to qualifying farmers, distributed in three installments of Rs 2,000 each. Since its launch in 2019, the scheme has dispensed over Rs 3.69 lakh crore across 19 installments, directly into the bank accounts of farmers.

On February 24, Prime Minister Modi unveiled the 19th installment of the PM-KISAN scheme in Bihar's Bhagalpur. This event benefited over 9.8 crore farmers, including 2.41 crore female farmers, who collectively received direct financial assistance exceeding Rs 22,000 crore through DBT, free from intermediaries.

Point of View

I affirm that the PM-KISAN scheme stands as a testament to the government's commitment to empowering farmers. By facilitating direct financial support, it enhances agricultural productivity and supports rural livelihoods. The upcoming launch marks a significant moment in this journey, reinforcing the importance of agricultural initiatives in national development.
NationPress
31/07/2025

Frequently Asked Questions

What is the PM-KISAN scheme?
The PM-KISAN scheme is a government initiative that provides financial assistance of Rs 6,000 annually to land-holding farmers, disbursed in three installments through Direct Benefit Transfer.
When will the 20th installment be released?
The 20th installment of the PM-KISAN scheme will be released on August 2, 2023.
How many farmers will benefit from this installment?
Approximately 9.7 crore farmers across India are expected to benefit from the 20th installment.
What is the total amount allocated for the 20th installment?
The total amount for the 20th installment is approximately Rs 20,500 crore.
How does the PM-KISAN scheme support farmers?
The PM-KISAN scheme supports farmers by providing direct financial assistance, thereby enhancing their income and improving their livelihoods.