New Delhi, Feb 20 : Prime Minister Narendra Modi is expected to inaugurate the direct income support scheme - PM KISAN - on Sunday by releasing the first instalment to the beneficiary farmers, an official said.
Modi will address the two-day national conclave of the BJP Kisan Morcha on Sunday and later release the money - Rs 2,000 per land holding - electronically to the bank accounts of farmers, mostly from Uttar Pradesh, with the click of a button.
The UP government is working on war-footing to upload details of eligible farmers on the central database by Friday.
The BJP government intends to ensure release of first instalment to all eligible farmers - small and marginal - before the model code of conduct kicks in.
In the interim budget, the Modi government announced direct income support of Rs 6,000 per year to 12.5 crore small and marginal farmers with land holding up to 2 hectares under the PM Kisan Samman Nidhi Yojana.