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₹2000 to be Credited to 9.34 Crore Farmers' Accounts; PM Kisan's 24th Installment to be Released Tomorrow
Sentiment: NeutralHigh Priority
What Happened?
Prime Minister Narendra Modi will release the 24th installment of the PM Kisan scheme on October 30 in Banaskantha, Gujarat. Over 9.34 crore farmers will receive ₹18,680 crore in financial assistance.
Key points
- The 24th installment will be released on October 30, 2026.
- Eligible farmers receive ₹6,000 annually in three installments.
- Gujarat's Agriculture Minister Jitu Vaghani announced over ₹1,051 crore for 52.33 lakh farmers in the state.
- The PM will also inaugurate two bio-CNG plants and the India Bovine Breeding and Research Center on the same day.
- Previous installments have distributed over ₹4.47 lakh crore nationwide.
Key insights
- The release of funds may improve agricultural productivity by providing farmers with necessary resources.
- Inauguration of bio-CNG plants could promote sustainable energy practices in agriculture.
- The establishment of the Bovine Breeding Center may enhance livestock quality and productivity.
Why it matters
This financial assistance could significantly support farmers' livelihoods across India.
Entities
Narendra Modi· PersonPM Kisan· ProgramGujarat· StateBanaskantha· CityJitu Vaghani· PersonIndia Bovine Breeding and Research Center· Organization
Source
India Today
