The wait for the 19th installment is over! Know the latest update of PM Kisan Samman Nidhi – StudyToper


Prime Minister Kisan Samman Nidhi Yojana (PM Kisan Samman Nidhi Yojana) is a major scheme of the Government of India, which provides financial assistance to farmers across the country. Under this scheme, an amount of ₹ 6000 is given to eligible farmers in three equal installments every year. Now, there is good news for the farmers waiting for the 19th installment. This installment will be released on 24 February 2025. In this article, we will discuss the main information, eligibility, profit, and other important details of the plan.

PM Kisan Samman Nidhi Yojana: Chief Information

A brief observation of the plan is presented in the table below:

Name of the scheme Pradhan Mantri Kisan Samman Nidhi Yojana (PM-Kisan)
Beginning date 24 February 2019
Beneficiary Small and marginal farmer family
Yearly assistance ₹ 6000 per year
Number of installments Three (0 2000)
19th installment date date 24 February 2025
Method of payment Direct Benefit Transfer (DBT)
Eligibility criteria Owner of cultivable land

Latest update related to 19th installment

Prime Minister Narendra Modi will release the 19th installment of PM Kisan Yojana during an event in Bhagalpur, Bihar on 24 February 2025. This amount will be transferred directly to farmers’ bank accounts.

Importance of installment

  • Each eligible farmer will receive an amount of ₹ 2000.
  • This amount will help farmers meet agriculture and domestic needs.
  • Transparency is ensured through Direct Benefit Transfer (DBT).

Benefits of PM Kisan Yojana

Under this scheme, farmers get the following benefits:

  • Financial Assistance: Financial assistance of ₹ 6000 annually.
  • Transparency: All payments are transferred directly to bank accounts.
  • Agricultural reform: This amount helps farmers in agricultural work and other requirements.
  • Promotion of rural economy: Economic activities in rural areas are encouraged.

Eligibility criteria

To avail the benefit of PM Kisan Yojana, the following eligibility conditions have to be met:

  1. Land holder farmer family: Families including husband, wife and minor children.
  2. Cultivable land: farmers with 2 hectares or less land.
  3. Aadhaar card linking: Aadhaar card should be connected to the bank account.
  4. E-KYC compulsory: E-KYC process has to be completed.

Which farmers are ineligible?

People of some special categories cannot avail this scheme:

  • Institutional Zamindar.
  • Income tax payer.
  • Government employees (except Group D and Multitasking Staff).

E-KYC and other necessary procedures

E-KYC and land verification are mandatory to get the benefit of the scheme. If you have not completed this process yet, complete it as soon as possible.

How to do e-KYC?

  1. Go to the nearest Common Service Center (CSC).
  2. Login on online PMKISAN.Gov.in portal.
  3. Complete the process by OTP or biometric verification.

Application process

If you want to be a part of this scheme, follow the steps given below:

  1. Go to the official website PMKISAN.GOV.IN.
  2. Click on the “Farmer Corner” section.
  3. Select the “New Registration” option and fill the required information.
  4. Upload and submit the document.

Details of previous installments

So far 18 installments have been released under this scheme. The previous i.e. 18th installment was released on 5 October 2024.

Important dates

  • First installment: February 2019
  • Previous installment: October 2024
  • Next installment: February 2025

Possibility of improvement in PM Kisan Yojana

Recently the budget 2025 was introduced, but there was no announcement to increase the amount of PM Kisan Yojana. However, many experts were expecting that the annual assistance would be increased from ₹ 6000 to ₹ 10,000.

How to check your position?

If you want to know whether your name is in the beneficiary list or not, then adopt the following stages:

  1. Login on PMKISAN.GOV.IN.
  2. Go to the “Farmer Corner” section.
  3. Choose the option “Beneficiary Status”.
  4. Enter your registration number or Aadhaar number.
  5. See your position after submitting the information.

conclusion

The Pradhan Mantri Kisan Samman Nidhi Yojana is an important initiative for small and marginal farmers. This not only helps in improving their economic condition but also strengthens the rural economy.

Disclaimer:

This article is written only for the purpose of providing information. Please confirm the official website or the concerned department.

Rate this post

I am passionate writer with over five years of experience covering the latest job updates, educational content, news, and insightful blogs aimed at empowering readers with valuable information.

Sharing Is Caring:

Leave a Comment