Prime Minister Narendra Modi will disburse the 13th installment of the income support programme PM-Kisan, totaling more than Rs 16,800 crore to more than eight crore beneficiary farmers in Belagavi, Karnataka.
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According to the ministry, the PM-Kisan funds have increased agricultural investments, loosened credit restrictions for farmers, and stimulated rural economic growth.
The ability of farmers to take risks has also increased, resulting in investments that are more fruitful. According to IFPRI, PM-Kisan payments assist users in paying for other expenses including education, marriage and healthcare as well as their agricultural needs.
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