CURRENT AFFAIRS

Detailed explanation-1: -PM Modi transfers ₹1,000 crore to bank accounts of self-help groups.

Detailed explanation-2: -Prime Minister Shri Narendra Modi will inaugurate a two-day event titled “PM Kisan Samman Sammelan 2022” on 17th October 2022 at Mela Ground, IARI, Pusa, New Delhi. On this occasion, Shri Modi will release Rs. 16,000 Crores under the PM-KISAN flagship scheme as 12th instalment through Direct Benefit Transfer.

Detailed explanation-3: -16,000 crores under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) through Direct Benefit Transfer. Under the scheme, eligible farmer families are provided a benefit of Rs. 6000 per year in three equal instalments of Rs. 2000 each.

Detailed explanation-4: -It was launched by prime minister Narendra Modi-led government. Under the PM Kisan Yojana, income support of Rs 6000 per annum is provided to all eligible farmer families across the country in three equal installments of Rs 2,000 each every four months. The scheme defines family as husband, wife and minor children.

Detailed explanation-5: -Hon’ble Prime Minister has released the 12th instalment of the PM KISAN scheme on 17th Oct. 2022.