Varanasi , Aug. 2 -- Prime Minister Narendra Modi today released the 20th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, transferring over Rs 20,500 crore directly into the bank accounts of 9.7 crore farmers across the country.

With this disbursement, the total amount transferred under the scheme since its launch in February 2019 has surpassed Rs 3.90 lakh crore.

PM-KISAN is a centrally sponsored scheme aimed at supplementing the financial needs of landholding farmers. Under the scheme, eligible farmers receive Rs 6,000 annually, credited in three equal instalments directly to their Aadhaar-linked bank accounts via Direct Benefit Transfer (DBT).

In addition to the fund release, Prime Minister Modi also laid the fo...