Certainly, I’d be happy to provide information on the installment of Prime Minister Kisan Samman Nidhi.
The Prime Minister Kisan Samman Nidhi (PM-Kisan) is a scheme launched by the Government of India in February 2019. Under this scheme, small and marginal farmers with less than 2 hectares of land receive a minimum of Rs. 6,000 annually in three equal installments of Rs. 2,000 each. The aim of the scheme is to provide financial assistance to farmers for their agricultural needs and to ensure the economic stability of farmers in the country.
Farmers who are eligible for the PM-Kisan scheme can receive the first installment in the month of April, the second installment in the month of August, and the third installment in the month of December. The scheme is administered by the Ministry of Agriculture and Farmers’ Welfare and the funds are directly transferred to the bank accounts of the eligible farmers.
Eligibility criteria for the PM-Kisan scheme include the following:
1. The farmer should be a citizen of India.
2. The farmer should own or cultivate land of up to 2 hectares.
3. The farmer should have a valid bank account.
4. The farmer should not be a member of any other social security scheme.
5. The farmer should not be a government employee.
6. The farmer should not belong to any institutional landholding.
The PM-Kisan scheme has been a great support for small and marginal farmers who lack resources and struggle to manage their farm expenses. The scheme has benefited over 9 crore farmers since its launch and has provided a substantial boost to the agricultural sector in India.
In conclusion, the PM-Kisan scheme provides a much-needed financial boost to small and marginal farmers in the country. The timely distribution of the three installments ensures that farmers are able to meet their agricultural expenses and improve their livelihood. The scheme has been highly successful in achieving its goal of ensuring the economic stability of farmers in India.