New Delhi: The PM Kisan 23rd Installment will arrive on June 20, bringing major relief to millions of farmers across India. On the same day, Prime Minister Narendra Modi will transfer ₹2,000 directly into the bank accounts of more than 9.44 crore eligible farmers under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme.
According to the Ministry of Agriculture and Farmers Welfare, the government will transfer ₹18,880 crore through the Direct Benefit Transfer (DBT) system. As a result, eligible farmers will receive financial assistance directly in their bank accounts.
PM Modi to Release the 23rd Installment from West Bengal
Prime Minister Narendra Modi will release the PM Kisan 23rd Installment during a national event in Tarakeswar, Hooghly district, West Bengal, on June 20.
Besides releasing the installment, he will inaugurate several development projects. Additionally, he will lay the foundation stones for new infrastructure projects during the event.
Over 9.44 Crore Farmers to Receive ₹2,000
The PM Kisan 23rd Installment will benefit more than 9.44 crore farmers across the country.
Each eligible farmer will receive ₹2,000 directly in a bank account. Furthermore, the government will transfer a total of ₹18,880 crore under this installment.
Moreover, the Ministry of Agriculture has officially confirmed the payment schedule. Therefore, eligible beneficiaries can expect the amount on June 20.
West Bengal Farmers to Get ₹907 Crore
Farmers in West Bengal will also receive significant financial support through the latest installment.
More than 45.35 lakh farmers in the state will receive nearly ₹907 crore. Consequently, the total amount distributed under the PM Kisan Scheme in West Bengal will exceed ₹15,055 crore.
Total PM Kisan Transfers to Cross ₹4.46 Lakh Crore
The PM Kisan Scheme continues to support millions of farming families across India.
After the government releases the PM Kisan 23rd Installment, the total amount transferred under the scheme will cross ₹4.46 lakh crore.
Moreover, the scheme provides ₹6,000 every year to eligible farmers. The government pays this amount in three equal installments of ₹2,000 every four months.
How the PM Kisan Scheme Helps Farmers
The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) provides direct financial assistance to eligible farming families.
Under the scheme:
- Farmers receive ₹6,000 annually.
- The government credits ₹2,000 every four months.
- The DBT system transfers the money directly into beneficiaries’ bank accounts.
- The scheme helps farmers manage agricultural expenses and household needs.
Complete e-KYC Before the Installment
Eligible farmers should complete their e-KYC, verify their Aadhaar details, and update their bank account information before June 20.
Additionally, beneficiaries should check their PM Kisan status online to avoid payment delays. If they update their records on time, they can receive the PM Kisan 23rd Installment without any interruption.
Overall, the upcoming installment will provide timely financial support to millions of farmers. At the same time, it highlights the government’s continued focus on strengthening agriculture and improving rural livelihoods.
Key Points of the news:
- PM Kisan 23rd Installment will be released on June 20.
- Prime Minister Narendra Modi will transfer ₹2,000 directly into the bank accounts of over 9.44 crore farmers.
- The government will transfer ₹18,880 crore under the PM Kisan Scheme.
- The national event will take place in Tarakeswar, Hooghly district, West Bengal.
- After this payment, total transfers under the PM Kisan Scheme will exceed ₹4.46 lakh crore.
