Prime Minister Narendra Modi on Sunday launched the the election oriented Pradhan Mantri Kisan Samman Nidhi scheme or PM-Kisan scheme transferring the first instalment of ₹2,000 each to over one crore farmers.
PM Modi launched the scheme from Uttar Pradesh’ Gorakhpur,the PM said that the first instalment of the money will be deposited in accounts of 1.01 crore farmers.”This is your money and no one will be able to take it from you,” he told while addressing the farmers.
In the interim Budget 2019-20, the central government had announced the PM-Kisan scheme under which ₹6,000 per year will be given in three instalments to 12 crore small and marginal farmers holding cultivable land up to two hectares.
The PM also said in the evening, that those state governments who will try to take advantage of the new scheme will strictly restricted.
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