Karnataka govt transfers Rs 2,000 to account of one lakh farmers
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Karnataka govt transfers Rs 2,000 to account of one lakh farmers

By Money Control calender  15-Aug-2019

Karnataka govt transfers Rs 2,000 to account of one lakh farmers

The Karnataka government on August 14 transferred Rs 2,000 to each of the bank account of one lakh farmers as part of its announcement to provide additional financial assistance from the state to the beneficiaries of the Pradhan Mantri Kisan Samman Nidhi Scheme.
The scheme of the government of India was aimed at providing financial benefit of Rs 6,000 per year to eligible farmer families in three installments.
As soon as assuming charge as the Chief Minister, B S Yediyurappa had announced that the state government would provide Rs 4,000 to every farmer covered under PM-Kisan scheme, in two installments, in addition to the Rs 6,000 by the central government.
On Wednesday, the first installment of Rs 2,000 of the state's incentive was remitted to each of the one lakh farmers' bank accounts via aadhaar-based direct benefit transfer (DBT).

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