<p>Prime Minister Narendra Modi on Sunday transferred Rs 17,000 crore directly into the bank accounts of 8.5 crore farmers under the PM-KISAN scheme.</p>.<p>He said the scheme has been successful in its objective to provide financial support to farmers without any involvement of middlemen.</p>.<p>The Centre provides Rs 6,000 per year in three equal installments under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme that was launched in December 2018.</p>.<p>The prime minister "released the 6th installment under the PM-KISAN scheme of Rs 17,000 crore to nearly 8.5 crore farmers. The cash benefit was transferred directly to their Aadhaar verified bank accounts with the press of a button", an official statement said.</p>.<p>The amount was transferred to farmers at a function organised through video conference to launch a financial facility of Rs 1 lakh crore under the Agriculture Infrastructure Fund.</p>.<p>"No middlemen, no commission. The amount was transferred directly to farmers," Modi said.</p>.<p>The scheme has been successful in its objective to provide direct help to farmers and when needed, he added.</p>.<p>Modi said the government has transferred Rs 75,000 crore to farmers under this scheme in the last one-and-a-half years, of which Rs 22,000 crore was remitted during the lockdown period.</p>.<p>The PM-KISAN scheme was launched to provide income support by way of a cash benefit to all landholding farmers (subject to certain exclusion criteria) to enable them to fulfill their agricultural requirements and support their families.</p>.<p>With this transfer, the scheme has provided over Rs 90,000 crore in the hands of more than 10 crore farmers since its launch on December 2018, the statement said.</p>
<p>Prime Minister Narendra Modi on Sunday transferred Rs 17,000 crore directly into the bank accounts of 8.5 crore farmers under the PM-KISAN scheme.</p>.<p>He said the scheme has been successful in its objective to provide financial support to farmers without any involvement of middlemen.</p>.<p>The Centre provides Rs 6,000 per year in three equal installments under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme that was launched in December 2018.</p>.<p>The prime minister "released the 6th installment under the PM-KISAN scheme of Rs 17,000 crore to nearly 8.5 crore farmers. The cash benefit was transferred directly to their Aadhaar verified bank accounts with the press of a button", an official statement said.</p>.<p>The amount was transferred to farmers at a function organised through video conference to launch a financial facility of Rs 1 lakh crore under the Agriculture Infrastructure Fund.</p>.<p>"No middlemen, no commission. The amount was transferred directly to farmers," Modi said.</p>.<p>The scheme has been successful in its objective to provide direct help to farmers and when needed, he added.</p>.<p>Modi said the government has transferred Rs 75,000 crore to farmers under this scheme in the last one-and-a-half years, of which Rs 22,000 crore was remitted during the lockdown period.</p>.<p>The PM-KISAN scheme was launched to provide income support by way of a cash benefit to all landholding farmers (subject to certain exclusion criteria) to enable them to fulfill their agricultural requirements and support their families.</p>.<p>With this transfer, the scheme has provided over Rs 90,000 crore in the hands of more than 10 crore farmers since its launch on December 2018, the statement said.</p>