PM Kisan 12th Installment Credited 

Written By

Avnish Singh

PM Narendra Modi announced the 12th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM Kisan) money benefit to qualified farmer households on October 17, 2022, ahead of Diwali.

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PM Modi awarded Rs 16,000 crore to PM Kisan beneficiaries via Direct Benefit Transfer during the two-day PM Kisan Samman Sammelan 2022 event.

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"PM Narendramodi distributes the 12th installment of Rs. 16,000 crores under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) through Direct Benefit Transfer," according to a PIB tweet.

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According to the tweet, over 8 crore farmers will receive the payment in their accounts.

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"The benefit is delivered directly to the bank accounts of qualified beneficiaries through Direct Benefit Transfer method," according to a PIB announcement dated October 15, 2022.

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So far, qualified farming families have received benefits totaling more than Rs. 2 lakh crore through 11 payments under PM-KISAN. During the COVID epidemic period, Rs 1.6 lakh crore was transferred.

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With the Prime Minister's delivery of the 12th instalment on October 17, 2022, the total money given to recipients is likely to exceed Rs 2.16 lakh crore."

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