logo
PM Modi to release 20th installment of PM-KISAN from Varanasi on August 2

PM Modi to release 20th installment of PM-KISAN from Varanasi on August 2

Hans India19 hours ago
New Delhi: Prime Minister Narendra Modi will release the 20th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on August 2 from Varanasi, marking another significant step in the government's direct benefit transfer initiative for farmers.
The PM-KISAN scheme is a central sector scheme launched in February 2019 by Prime Minister Modi to supplement the financial needs of land-holding farmers. Under this scheme, the financial benefit of Rs 6,000 per year in three equal instalments is transferred into the bank accounts of farmers' families across the country through the Direct Benefit Transfer (DBT) mode. The PM-KISAN scheme is one of the largest DBT schemes in the world.
On Wednesday, a high-level meeting to finalise preparations for the nationwide event was held in Delhi, chaired by Union Agriculture and Farmers Welfare Minister Shivraj Singh Chouhan.
Chouhan described the PM-KISAN scheme as a "historic success", highlighting its role in directly supporting farmers' incomes. He announced that the distribution of the 20th instalment would be conducted as a nationwide campaign, with events organised across all states. These gatherings will witness participation from lakhs of farmers, along with Chief Ministers, Union Ministers, MPs, MLAs, and other public representatives.
The meeting also included a virtual session with 731 Krishi Vigyan Kendras (KVKs), over 100 institutes of the Indian Council of Agricultural Research (ICAR), and Vice Chancellors and officials from agricultural universities across India to coordinate efforts ahead of the Varanasi event.
"This is not just a financial transaction but a mission to empower our farmers and raise awareness," Chouhan said.
He urged that the programme be organised with enthusiasm and wide participation, ensuring it reaches farmers at the grassroots level.
The upcoming 20th instalment, amounting to approximately Rs 20,500 crore, will benefit around 9.7 crore farmers nationwide.
To ensure maximum participation and outreach, Minister Chouhan directed officials to engage rural networks, including Krishi Sakhis, Drone Didis, Bank Sakhis, Pashu Sakhis, Insurance Sakhis, and Gram Panchayat Sarpanches, to spread awareness about the event and mobilise local communities.
"I appeal to all farmer brothers and sisters to actively join these programmes on August 2 and make this a festival of gratitude and empowerment," he added.
Also present at the meeting were Union Agriculture Secretary Devesh Chaturvedi, ICAR Director General Dr Mangi Lal Jat, and other senior officials, who discussed logistical details and promotional strategies to ensure the programme's success.
Under PM-KISAN, the government provides Rs 6,000 annually to eligible farmers, transferred in three equal instalments of Rs 2,000 each. Since its inception in 2019, the scheme has disbursed over Rs 3.69 lakh crore across 19 instalments, directly into farmers' bank accounts.
On February 24, Prime Minister Modi had released the 19th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in Bihar's Bhagalpur. During the event, over 9.8 crore farmers, including 2.41 crore female farmers, across the country benefited, receiving direct financial assistance exceeding Rs 22,000 crore through DBT without involvement of any middlemen.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Asaduddin Owaisi's first reaction to 2008 Malegaon blast case verdict by NIA court: ‘Shoddy investigation'
Asaduddin Owaisi's first reaction to 2008 Malegaon blast case verdict by NIA court: ‘Shoddy investigation'

Hindustan Times

time13 minutes ago

  • Hindustan Times

Asaduddin Owaisi's first reaction to 2008 Malegaon blast case verdict by NIA court: ‘Shoddy investigation'

Asaduddin Owaisi of the AIMIM on Thursday expressed disappointment over the acquittal of all accused in the 2008 Malegaon blast case, calling it a result of a 'deliberately shoddy investigation and prosecution'. AIMIM chief Asaduddin Owaisi speaks to media.(ANI file) 'The Malegaon blast case verdict is disappointing. Six namazis were killed in the blast and nearly 100 were injured. They were targeted for their religion. A deliberately shoddy investigation/prosecution is responsible for the acquittal,' the All India Majlis-e-Ittehadul Muslimeen chief posted on X. Asaduddin Owaisi questioned whether the Centre and Maharashtra governments would challenge the verdict. 'Seventeen years after the blast, the Court has acquitted all of the accused for lack of evidence. Will the Modi & Fadnavis governments appeal the judgement the way they swiftly demanded stay in the Mumbai train blasts acquittals? Will Maharashtra's 'secular' political parties demand accountability? Who killed the 6 people?' Also Follow | Malegaon Blast Case Verdict LIVE Updates Owaisi also recalled former special public prosecutor Rohini Salian's allegation that she was asked to "go soft" on the accused. 'Remember, in 2016 the then prosecutor in the case Rohini Salian went on record to say that NIA had asked her to 'go soft' on the accused. Remember, in 2017, NIA had tried to get Sadhvi Pragya acquitted. The same person would go on to be a BJP MP in 2019.' Also Read | What is Malegaon blast case? Verdict today: What we know about 17-year-long probe He further mentioned slain ATS chief Hemant Karkare, who had initially probed the blast case before being killed in the 26/11 Mumbai attacks. 'Karkare had uncovered the conspiracy in Malegaon & was unfortunately killed by Pakistani terrorists in the 26/11 attacks. The BJP MP went on record saying that she had cursed him and his death was a consequence of his curse.' Taking aim at the current government, Owaisi asked, 'Will NIA/ATS officers be held accountable for their faulty investigation? I think we know the answer. This is the 'tough on terror' Modi government. The world will remember that it made a terror accused a Member of Parliament.' 2008 Malegaon blast case: Court acquits all 7 accused Nearly 17 years after the Malegaon blast claimed six lives, the special court acquitted all seven accused, including former BJP MP Pragya Singh Thakur and Lt Col Prasad Purohit, noting there was "no reliable and cogent evidence" against them. No religion teaches violence, the court said. Terrorism has no religion, but the court cannot convict on mere perception, it added. Special Judge AK Lahoti, assigned to hear cases of the National Investigation Agency (NIA) here, flagged several loopholes in the prosecution's case and the investigation carried out, and said the accused persons deserved the benefit of doubt. An explosive device strapped to a motorcycle went off near a mosque in the town, located about 200 km from Mumbai, on September 29, 2008 killing six persons and injuring 101 others. Besides Thakur and Purohit, the accused comprised Major Ramesh Upadhyay (retired), Ajay Rahirkar, Sudhakar Dwivedi, Sudhakar Chaturvedi and Sameer Kulkarni. Once the court acquitted the seven accused, they looked relieved with smiles on their faces. They thanked the judge and their lawyers. The court while reading out the judgment said there was no "reliable and cogent" evidence to prove the case beyond reasonable doubt. "Mere suspicion cannot take the place of real proof," the court said, adding that in the absence of any evidence, the accused persons deserve the benefit of doubt. "The overall evidence does not inspire confidence in the court to convict the accused. There is no reliable and cogent evidence to warrant conviction," the judge said while reading out the judgment. The court also said provisions of the Unlawful Activities (Prevention) Act (UAPA) were not applicable to the case.

Small-cap pharma stock edges higher despite stock market sell-off; here's why
Small-cap pharma stock edges higher despite stock market sell-off; here's why

Mint

time13 minutes ago

  • Mint

Small-cap pharma stock edges higher despite stock market sell-off; here's why

Stock Market Today: Small-cap pharma stock edged higher during the intraday trades on Thursday despite the stock market sell-off. Check details about Fredun Pharmaceuticals Q1 results. Fredun Pharmaceuticals Limited, a pharmaceutical formulation manufacturing company in India, reported its Q1 performance on Thursday, 31 July 2025. The Fredun Pharmaceuticals reported net profit at ₹ 6.77 Crore during the quarter ending June 2025, which was 63.82% higher compared to ₹ 4.13 crore in the year-ago quarter. As per its disclosed unaudited financials for the first quarter of fiscal year 26, the revenues at ₹ 119.86 crore grew 52.08% compared to ₹ 78.81 crore in the year-ago quarter. The boost to the bottom line was further provided by the improved operating performance. The Earnings before interest, tax, depreciation, and amortization, or EBITDA, at ₹ 16.99 crore grew 62.15% over ₹ 10.48 crore in the year-ago quarter Fredun Medhora, Managing Director, in a statement said that We are pleased to report a strong start to FY26 with a significant year-on-year growth in net profit and healthy improvement across all key financial metrics." The performance as per Medhora reflects the successful execution of our growth strategy and the continued demand for the company's diversified portfolio across domestic and international markets. The company's generics portfolio continues to strengthen, with over 1,200 products currently under registration. The current order book stands at over ₹ 200 crore, providing strong revenue visibility and momentum for the upcoming quarters. The company is diversified into generics, cosmetics, nutraceuticals, mobility, and animal healthcare products too. Fredun Pharmaceuticals share price opened at ₹ 1017.00 and gained further to RS 1020 levels on Thursday , marking intraday gains of 4.73% compared to previous day's closing price of ₹ 973.95 for the Fredun Pharmaceuticals share price The gains for the small-cap stock Fredun Pharmaceuticals share price were despite weak Indian stock markets on a day when Sensex corrected mor than 1% during intraday trades amid stock market sell-off. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Brigade Hotel Ventures shares drop nearly 10 pc in market debut trade
Brigade Hotel Ventures shares drop nearly 10 pc in market debut trade

Deccan Herald

time13 minutes ago

  • Deccan Herald

Brigade Hotel Ventures shares drop nearly 10 pc in market debut trade

New Delhi, Shares of Brigade Hotel Ventures Ltd on Thursday listed with a discount of nearly 10 per cent against the issue price of Rs stock began trading at Rs 82, down 8.88 per cent from the issue price on the the NSE, it started trading at Rs 81.10, a discount of 9.88 per company's market valuation stood at Rs 3,279.94 initial share sale of Brigade Hotel Ventures Ltd fetched 4.48 times subscription on the closing day of bidding on initial public offering (IPO) had a price band of Rs 85-90 per Hotel Ventures' IPO was entirely a fresh issue of equity shares worth Rs 759.6 crore with no offer-for-sale (OFS) from the issue to the tune of Rs 468.14 crore will be used for the payment of debt, Rs 107.52 crore will be utilised for the purchase of an undivided share of land from the promoter, BEL, and the remaining funds will support acquisitions, other strategic initiatives, and general corporate Hotel Ventures Ltd is a subsidiary of Bengaluru-based real estate company Brigade Enterprises Ltd (BEL)..BEL entered into the hospitality business in 2004 with the development of its first hotel, Grand Mercure Bangalore, which commenced operations in company has a portfolio of nine operating hotels across Bengaluru, Chennai, Kochi, Mysuru, and the GIFT City (Gujarat) with 1,604 hotels are operated by global marquee hospitality companies such as Marriott, Accor and InterContinental Hotels Group.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store