PM Modi releasing Rs 18,680 crore under PM-Kisan signals major farmer payout catalyst.
Context
What happened: PM Modi is scheduled to visit Gujarat on October 30 and 31 and release the 24th instalment of PM-Kisan at an event in Bhildi town.
Key numbers: Over Rs 18,680 crore to more than 9.34 crore farmer families. In Gujarat, over 52.33 lakh families to receive more than Rs 1,051 crore. Rs 6,000 annually per family in three instalments.
Why it matters: The event also includes foundation stones for two CBG plants, inauguration of the BBBRC, and Banas Dairy's potato processing expansion and UHT facility storage system, alongside National Unity Day celebrations on October 31.
Why it matters
The event also includes foundation stones for two CBG plants, inauguration of the BBBRC, and Banas Dairy's potato processing expansion and UHT facility storage system, alongside National Unity Day celebrations on October 31.