PM Kishan 12th Installment to be Credited in Kishan account before Diwali

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PM Kishan 12th Installment to be created in Farmers account before Diwali

PM Kishan 12th Installment to be Credited to Farmer’s account before Diwali: Indian PM Narendra Modi will transfer the 12th installment of PM-Kishan to the farmers’ accounts before Diwali. Most Indian farmers are eagerly waiting for the 12th installment.

As per IndiaToday, the Modie government might transfer the PM Kishan 12th installment of Rs 2000 in the bank accounts of eligible farmers during the inauguration of the two-day summit of Agri Startup Conclave & Kishan Sammelan being organized by the Department of Agriculture & Farmers Welfare.

While some media reports had previously reported that the government might credit Rs 2000 in beneficiary farmer’s accounts on October 2 (Gandhi Jayanti).

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These are however just initial reports, while the government has not officially confirmed anything regarding the transfer of Rs 2,000 to beneficiary accounts of PM-KISAN scheme.

PM released the 11th installment of financial benefits under the PM-KISAN scheme on May 31.

PM Modi transferred an amount of around Rs 21,000 crore to more than 10 crore beneficiary farmer families.

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Under the Scheme, an amount of Rs 6000 per year is released in three 4-monthly installments of Rs 2000 each directly into the bank accounts of the beneficiaries. In a financial year, PM Kisan installment is credited thrice through –Period 1 from April-July; Period 2 from August to November; and Period 3 from December to March.

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With Input From Zeenews

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