Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) is a government scheme launched in 2019 to provide financial assistance to farmers across the country. Under this scheme, eligible farmers are provided with a financial aid of Rs. 6,000 per year in three installments of Rs. 2,000 each.
The government has taken various measures to ensure that the payment of PM-Kisan installments is smooth and hassle-free. Farmers can receive their payments through DBT (Direct Benefit Transfer) into their bank accounts. The government has also issued guidelines to banks to ensure timely credit of the PM-Kisan installment amounts to the farmer’s bank account.
The PM-Kisan scheme is a huge relief for farmers who often face financial difficulties due to multiple factors like natural disasters, crop damage, and other unforeseen events. The scheme aims to provide financial support to farmers to meet the expected costs of agricultural practices like sowing, irrigation, and harvesting.
To receive the PM-Kisan installment payment, farmers have to meet certain eligibility criteria. The scheme is open to all farmers who own cultivable land up to two hectares. Farmers who are part of any institutional land-owning systems like public trusts, religious, or educational institutions are not eligible for the scheme.
The PM-Kisan installment payments are released by the government in three installments. The first installment is released between April and July, the second installment between August and November, and the third installment between December and March. Farmers who have registered for PM-Kisan can check the status of their payment on the official website.
In conclusion, Pradhan Mantri Kisan Samman Nidhi is a scheme that aims to provide financial aid to farmers across the country. The scheme has made it easier for farmers to meet their agricultural expenses and has had a positive impact on the agricultural sector. The timely payment of PM-Kisan installment is essential to ensure that farmers can rely on the scheme for their financial needs.