SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Govt releases the 17th instalment of about Rs 20,000 crore under PM-KISAN scheme

19 Jun 2024 Evaluate

The government has released the 17th instalment of about Rs 20,000 crore under PM-KISAN scheme and distributed certificates to over 30,000 self-help groups known as Krishi Sakhis. After depositing Rs 20,000 crore in the accounts of about 9.25 crore farmers, a total of about Rs 3,25,000 crore has been deposited in the accounts of farmers so far.

PM-KISAN scheme was launched on February 24, 2019 to supplement the financial needs of all land-holding farmers subject to certain exclusion criteria of higher income status. Financial benefit of Rs 6,000 per year in three equal instalments, every four months, is transferred into the bank accounts of farmers’ families across the country through Direct Benefit Transfer (DBT) mode. 

Meanwhile, Union Minister for Agriculture and Farmers Welfare and Rural Development Shivraj Singh Chouhan said that agriculture is the backbone of the Indian economy and the farmer is its soul. He added that continuous work has been done on the roadmap to double the income of farmers. For this, on one hand, efforts are being made to increase production by using new technology through irrigation schemes, while on the other hand, to reduce the cost of production, the government gives subsidy of billions of rupees, due to which the farmer gets cheap fertilizers.


About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×