Prime Minister, Narendra Modi is going to launch Kisan Man Dhan Yojana(KMDY) scheme and also 400 Ekalvya Model Residential School in his Jharkhand visit on Thursday. The KMDY will secure the lives of five crore small and marginal farmers by providing a minimum pension of Rs 3,000 per month to those who have attained the age of 60. The scheme has an outlay of Rs 10,774 crore for the next three years.