Varanasi, Aug. 2 -- Prime Minister Narendra Modi released the 20th instalment of PM Kisan Samman Nidhi, transferring an amount of more than Rs 20,500 crores, into the bank accounts of 9.7 crore farmers on Saturday.

With this release, the total disbursement under the scheme since its inception has surpassed Rs 3.90 lakh crore.

The PM-KISAN scheme is a central sector scheme launched in February 2019 by the Prime Minister to supplement the financial needs of land-holding farmers. Under the scheme, a financial benefit of Rs 6,000 per year is transferred in three equal instalments into the Aadhaar-linked bank accounts of farmers through the Direct Benefit Transfer (DBT) mode.

Meanwhile, PM Narendra Modi laid the foundation stone and inaugur...