A day after being sworn as Prime Minister for the 3rd time, Narendra Modi today signed the first file authorizing the release of the 17th instalment of PM Kisan Nidhi. Th will benefits 9.3 crore farmers and distribute around Rs 20,000 crores, the PMO said in a statement.

After signing the file, PM Modi said “Ours is a Government fully committed to Kisan Kalyan. It is therefore fitting that the first file signed on taking charge is related to farmer welfare. We want to keep working even more for the farmers and the agriculture sector in the times to come.”

Launched on 24th February 2019, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) provides financial assistance to all cultivable landholding farmer families across the country, subject to certain exclusion criteria. Under the Scheme, an amount of Rs. 6000 is transferred annually in three equal installments of Rs.2000 directly into the Aadhaar Seeded bank accounts of the farmers.