PM Kisan Yojana: Farmers' Await 22nd Installment
Indian farmers are eagerly awaiting the 22nd installment of the Pradhan Mantri Kisan Samman Nidhi (PM Kisan) scheme, an annual financial assistance of Rs 2,000 sent directly to their bank accounts. The government has disbursed over Rs 4 lakh crore so far, making PM Kisan one of the world's largest direct benefit transfer schemes for agriculture.
Highlights
- •Millions of Indian farmers are eagerly awaiting the 22nd installment of the PM Kisan scheme.
- •The last release of the 21st installment was in Tamil Nadu, benefitting over 9 crore farmers with Rs 18,000 crore.
- •Farmers need to ensure they are eligible, e-KYC compliant, and have the latest beneficiary status to receive their funds.
- •The 22nd installment is still pending as of the writing, making the current status unclear for farmers.
Millions of Indian farmers are eagerly awaiting the 22nd installment of the Pradhan Mantri Kisan Samman Nidhi (PM Kisan) scheme. Under this critically important government initiative, eligible farmers receive an annual financial assistance of Rs 2,000, sent directly to their bank accounts.
This installment comes at a crucial time, as farmers are working towards the upcoming monsoon season and the potential impact on their harvest and income. The last installment, the 21st, was released on November 19th in Tamil Nadu, with over 9 crore farmers receiving Rs 18,000 crore. Total disbursed amount under this scheme is Rs 4 lakh crore so far.
The initiative was announced with great promise in the 2019 interim budget. It has since become one of the world's largest direct benefit transfer schemes for the agricultural sector. Farmers receive Rs 2,000 every four months, with the first installment released between April and July, the second between August and November, and the third between December and March.
However, the exact date for the 22nd installment is still pending from the government. Many farmers are vigilant in ensuring they are eligible, e-KYC compliant, and have the latest beneficiary status. Farmers need only visit the official PMKisan.gov.in website to check if they are in the eligible and beneficiary category.
