So far, over Rs 2 lakh crore has been directly transferred to the bank accounts of farmers

Prime Minister Narendra Modi released the 12th instalment amount of Rs. 16,000 crores under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) through Direct Benefit Transfer at an event in New Delhi on Monday.

Highlighting the transformational initiative of PM-KISAN, the Prime Minister remarked that this is an example of how small farmers benefit from the use of modern technology.

“Since the launch of this scheme, more than Rs 2 lakh crore has been directly transferred to the bank accounts of farmers. For small farmers who are more than 85 percent of the country's farmers, this is a huge support," he said while inaugurating the PM Kisan Samman Sammelan 2022.

Under the scheme, eligible farmer families are provided benefits of Rs. 6000 per year in three equal instalments of Rs. 2000 each.

Prime Minister Modi also launched the Pradhan Mantri Bhartiya Jan Urvarak Pariyojana - One Nation One Fertiliser programme and inaugurated 600 Pradhan Mantri Kisan Samruddhi Kendras (PMKSK) under the Ministry of Chemicals & Fertilisers.

The Prime Minister talked about two new measures in the 'fertiliser reform story of India'.

Firstly, a campaign is being initiated today to develop more than 3.25 lakh fertiliser shops across the country as Pradhan Mantri Kisan Samruddhi Kendras. These will be centres where farmers can buy not only fertilisers and seeds but also implement soil testing and avail useful information about farming techniques.

Secondly, with One Nation, One Fertiliser, the farmer is going to get rid of all kinds of confusion about the quality of the fertiliser and its availability.

“Now the urea sold in the country will be of the same name, same brand and same quality and this brand is Bharat! Now urea will be available only under ‘Bharat’ brand name in the entire country," Prime Minister Modi remarked.

Highlighting the steps taken for the benefit of farmers, Prime Minister Modi remarked that India is rapidly moving towards self-sufficiency in liquid nano urea production.

He also referred to the scientific efforts that are being made for providing best quality seeds and said, “During the last 7-8 year about 1700 new varieties of seeds that are suited to the changed climate conditions have been made available to the farmers”.