As of now, there is no explicit information regarding late payments related to Pradhanmantri Kisan Samman Nidhi Yojna (PM-Kisan). The scheme was launched by the Government of India in February 2019, to provide financial assistance to the farmers of the country. Its primary objective was to aid farmers in coping with the increase in agricultural expenses and agricultural production, as their income has been severely impacted by crop failures and other natural disasters.
Under the scheme, eligible farmers receive financial assistance of Rs. 6,000 per annum, with the payment made in three instalments of Rs. 2,000 each. The beneficiary farmers’ details are registered through the PM-Kisan Portal, and the payment is transferred directly to their bank accounts. The payment cycle for PM-Kisan usually starts from the month of December every year.
Though there is no specific information available regarding late payment, the scheme is designed to cater to the farmers’ requirements. The Government of India has implemented several steps to ensure that the payment disbursal process is completed within the stipulated timeframe. Additionally, several measures have been taken to ensure that farmers who missed out on registration and payment in earlier cycles can benefit from the scheme.
Moreover, farmers who don’t receive their payments within the stipulated timeframe can register complaints on the PM-Kisan Portal. The portal’s complaint system ensures that all complaints are addressed within a reasonable timeframe, and the farmers receive the necessary assistance in case of any payment delays.
In conclusion, the PM-Kisan scheme has been designed to aid farmers and provide them with financial assistance. As there is no specific information available regarding late payments, it can be concluded that the scheme has been efficient and successful in providing financial aid to the beneficiaries. The government has taken numerous steps and ensured an efficient payment disbursal process to benefit farmers.