First Day In Office: PM Modi signs file on Kisan Welfare

New Delhi: Prime Minister Narendra Modi kicked off his third term in office on Monday morning by authorising the release of the 17th instalment of PM Kisan Nidhi, which aims to benefit 9.3 crore farmers and distribute around Rs 20,000 crores.

PM Modi, who took oath of office for a historic third consecutive term on Sunday arrived at his office in South Bloc this morning and put his signature on the file pertaining to the instalment for the farmers under the flagship scheme that was launched in 2019.

Commitment to Farmers' Welfare

This gesture soon after swearing in as the prime minister for the third time shows his commitment and his government's commitment towards the welfare of the farmers.

Prime Minister's Statement

The Prime Minister asserted that his government was fully committed to farmers. 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."

Details of PM Kisan Nidhi Scheme

The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), a central sector scheme, aims at providing financial assistance to cultivable landholding farmer families across the country, subject to certain exclusion criteria, to enable them to take care of expenses related to agriculture and allied activities as well as domestic needs.

Scheme Benefits

Under the Scheme launched in February 2019 just ahead of the previous Lok Sabha elections, an amount of Rs 6,000 is transferred annually in three equal installments of Rs 2000 directly into the Aadhaar-seeded bank accounts of the farmers.

(With ANI inputs)