New Delhi, Oct 13 (SocialNews.XYZ) In what could be a Diwali bonanza for millions of farmers, the Central government may release the 12th instalment of Rs 2,000 of PM Kisan Samman Nidhi Yojana next week, which is expected to benefit 10 crore farmers.
According to sources, the government may release the instalment on October 17.
Around 12 crore farmers are associated with PM Kisan Samman Nidhi scheme, under which a total of Rs 6,000 is transferred to their accounts in three instalments annually.
Till now, the government has disbursed 11 instalments to farmers and the 12th instalment is expected to be disbursed next week.
Farmers however have often complained that the amount doesn't reach them due to several technical glitches related to online transfer of instalments.
To ensure that the amount reaches them, the farmers have to complete e-KYC formalities.
The instalments are transferred to Aadhar linked bank accounts of farmers.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz