PM Modi releases over ₹20,000 crore as 8th installment of PM Kisan scheme to 9.5 crore farmers

Prime Minister Narendra Modi on May 14, 2021, on the occasion of Akshay Tritiya, transferred the 8th installment of the PM Kisan Samman Nidhi Yojna to over 9.5 crore of farmers. In the 8th installment, the government transferred over Rs 20,000 crore to farmers. Following this transfer, PM Narendra Modi also interacted with farmers across the country. West Bengal government led by chief minister Mamata Banerjee, has also joined the cash-transfer scheme. Under PM Kisan Samman Nidhi Yojana, the government transfers Rs 6,000 a year to small and marginal farmers in their accounts. This financial assistance from the government to farmers comes in three installments of Rs 2000.

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