Prime Minister Narendra Modi will launch Rs 75,000 crore Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) during his visit to Gorakhpur in Uttar Pradesh today.
The scheme, which is seen by many as the game changer before the upcoming Lok Sabha poll, was announced by Finance Minister Piyush Goyal in the interim budget 2019-20.
The Prime Minister is set to launch the scheme, which is likely to benefit 12 crore farmers across the country, from the Fertilizer Corporation of India ground by pressing a button to transfer the first instalment of Rs 2,000 to selected farmers.