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The Pradhan Mantri Kisan Samman Nidhi Yojna, also known as PM Kisan Yojna, is a government scheme aimed at providing financial support to small and marginal farmers across the country. Under this scheme, eligible farmers receive installment payments of Rs. 6000 per year in three equal installments of Rs. 2000 each.
The scheme was launched by the Government of India in December 2018 with the objective of ensuring a minimum income support to farmers to help them meet their agricultural needs and improve their livelihoods. The scheme has been a major success since its inception, benefiting millions of farmers across the country.
The PM-Kisan Samman Nidhi Yojna installment payments are made directly into the bank accounts of the beneficiaries through the Direct Benefit Transfer (DBT) mode. The installment payments are typically disbursed in April, August, and December of each year.
In order to avail the benefits of the PM-Kisan Samman Nidhi Yojna, farmers need to fulfill certain eligibility criteria such as owning up to 2 hectares of agricultural land, being a resident of India, and not being a beneficiary of any other government agricultural scheme. Farmers can check their eligibility and register for the scheme through the official PM-Kisan portal.
It is important for farmers to keep their bank account and Aadhaar details updated in order to receive timely installment payments under the scheme. The government has made efforts to streamline the disbursement process to ensure that the benefits reach the intended beneficiaries without any delays.
Overall, the PM-Kisan Samman Nidhi Yojna has been a game-changer for small and marginal farmers in India, providing them with much-needed financial assistance to support their agricultural activities and improve their livelihoods. The timely installment payments under the scheme have been instrumental in empowering farmers and boosting rural development in the country.