Bengaluru: Karnataka chief minister BS Yediyurappa on August 9 said the PM Kisan Scheme has benefited 52.5 lakh farmers in Karnataka. He added that the first instalment of Rs 1,049 crore will be credited into their accounts.

Today, Prime Minister Narendra Modi launched the financing facility of Rs 1 lakh crore under the Agriculture Infrastructure Fund via video conferencing. Yediyurappa tweeted, "PM Narendra Modi Govt believes India's future lies in the welfare of its farmers. Thanks to PM India for PM KISAN Scheme which has benefited over 52.50 lakh farmers in Karnataka, the first installment Rs 1,049 crore will now be credited into their accounts."

State agriculture minister BC Patil also thanked Modi for selecting Karnataka for launching the Agriculture Infrastructure Fund of Rs one lakh crore and releasing Rs 17,000 crore under PM Kisan scheme.

In a series of tweets, Patil said, "I express my sincere gratitude to our Honourable PM for identifying Ugane PACS in Hassan District of Karnataka for interaction."

He assured the Prime Minister of perfect implementation of Aatma Nirbhar Abhiyan Scheme in Karnataka, especially focussing on implementation of Alternative Investment Fund (AIF) and PM Formalisation of Micro Food Processing Enterprises Scheme in association with NABARD and other government departments.