Modi released the instalment of Rs 2,000 to every farmer on the birth anniversary of former prime minister and BJP stalwart Atal Bihari Vajpayee, which is every year celebrated as “Good Governance Day” by the ruling party.
Under the PM-KISAN scheme, a financial benefit of Rs 6,000 per year is provided to small and marginal farmers, payable in three equal instalments of Rs 2,000 each. The fund is transferred directly to the bank accounts of the beneficiaries.
The programme comes amid protests by various farmer unions against three farm laws recently enacted by the Modi government.
The government has insisted that these reforms are in the interest of farmers.