The Kisan Samman Nidhi Yojana is a government program aimed at providing financial assistance to farmers across India. Under this scheme, eligible farmers receive monetary benefits in the form of annual installments. In this article, we will discuss all the information related to the installment process under this scheme.
The Kisan Samman Nidhi Yojana provides a financial benefit of Rs. 6000 per annum to small and marginal farmers. This amount is paid to the beneficiary in three four-monthly installments of Rs. 2000 each.
The first installment of Rs. 2000 is transferred directly to the beneficiary’s bank account in April every year. Similarly, the second installment is transferred in August and the third installment is transferred in December.
It is important to note that in order to receive the benefit under this scheme, the farmer must be listed in the land records of the respective state or union territory. Additionally, only one member of a family is eligible to receive the benefit.
To facilitate the process of transferring the installments directly to the beneficiary’s bank account, the government has launched a portal called the PM-Kisan portal. Farmers can register themselves on this portal by providing their Aadhaar card details and other relevant information.
The PM-Kisan portal also allows farmers to check their payment status and edit their details if required. The portal also provides various tools and information related to farming practices, crop insurance, and other relevant schemes.
In conclusion, the Kisan Samman Nidhi Yojana is a significant initiative by the government to provide financial assistance to farmers in India. The installment process under this scheme is designed to ensure that the beneficiaries receive timely and regular payments. By using the PM-Kisan portal, farmers can easily register themselves and track their payment status, making the entire process hassle-free.