- The primary goal of PM-KISAN is to provide income support to all landholding farmer families in the country to supplement their financial needs for procuring various inputs related to agriculture and allied activities, as well as to support their household needs.
- Key Features and Benefits:
- Direct Income Support:
Under the PM-KISAN scheme, eligible farmers receive direct cash transfers of ₹6,000 per year. - Three Installments:
The amount is paid in three equal installments of ₹2,000 each, directly into the bank accounts of beneficiaries via Direct Benefit Transfer (DBT), ensuring transparency and minimizing leakages. - Eligibility:
Initially, the scheme targeted small and marginal farmers with up to 2 hectares of landholding. However, it was later expanded to cover all farmers, irrespective of the size of their landholding. - Exclusions:
Certain categories of beneficiaries, such as institutional landholders, government employees, income taxpayers, and professionals like doctors, engineers, and lawyers, are excluded from the scheme. - Easy Registration:
Farmers can register for the scheme through the PM-KISAN portal, Common Service Centres (CSCs), or by contacting local revenue officials, village patwaris, or nodal officers designated by the state governments. - Use of Funds:
The funds can be used by farmers to purchase seeds, fertilizers, and other essential inputs needed for farming, or for other domestic needs, thus reducing their dependency on informal loans. - Grievance Redressal:
A transparent grievance redressal mechanism is available to address the issues of beneficiaries related to payments, eligibility, and other aspects of the scheme.
- Direct Income Support:
- Impact:
- PM-KISAN has provided much-needed financial support to millions of farmers across India, helping them manage the financial challenges of farming.
- It has also played a significant role during tough times, such as during the COVID-19 pandemic, when timely financial assistance was crucial for rural households.
This scheme is a key part of the government’s efforts to uplift the agricultural sector, providing a safety net for farmers and supporting their livelihood.
The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme continues to provide financial support to eligible farmers across India, offering Rs 6,000 per year in three installments of Rs 2,000 each. As of 2024, 17 installments have been distributed, and the 18th installment is expected to be released around mid-October 2024.
Key Updates for the 18th Installment:
- eKYC Requirement: Farmers must complete their eKYC, which can be done online via the PM Kisan mobile app or at the nearest Common Service Center (CSC). This step is mandatory for receiving the installment.
- Bank Account Linking: Farmers need to ensure their bank accounts are linked with their Aadhaar numbers to receive the funds directly through the Direct Benefit Transfer (DBT) system.
- Land Record Verification: Verifying land records is crucial as unverified records can delay the installment.
- Checking Status Online: Farmers can check their installment status by visiting the official PM Kisan website (pmkisan.gov.in), entering their registration number, or using their mobile/Aadhaar number.
These measures ensure smooth and timely disbursement of funds to eligible beneficiaries, helping them meet their agricultural needs effectively.
