The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-Kisan), which is being run by the Government of India for farmers, has played an important role in providing financial assistance to small and marginal farmers of the country. Under this scheme, an amount of ₹ 6,000 is given to eligible farmers in three equal installments every year. Now, on 24 February 2025, Prime Minister Narendra Modi will release the 19th installment of PM Kisan Yojana. This installment will be directly transferred to farmers’ bank accounts. Let us get detailed information about this scheme in this article.
What is Pradhan Mantri Kisan Samman Nidhi Yojana (PM-Kisan)?
The Pradhan Mantri Kisan Samman Nidhi Yojana is a central scheme of the Government of India, which aims to provide financial assistance to small and marginal farmers. The scheme was launched on 24 February 2019 in Gorakhpur, Uttar Pradesh. Under the scheme, an amount of ₹ 6,000 is transferred directly to farmers’ bank accounts in three installments every year.
Brief description of PM Kisan Yojana
| Speciality | Description |
| Name of the scheme | Prime Minister Kisan Samman Nidhi (PM-Kisan) |
| Beginning date | 24 February 2019 |
| Beneficiary | Small and marginal farmer |
| Annual aid | ₹ 6,000 |
| Number of installments | Three |
| 19th installment date date | 24 February 2025 |
| E-KYC mandatory? | Yes |
The main things related to the 19th installment
Prime Minister Narendra Modi will release the 19th installment during a big program in Bhagalpur, Bihar on 24 February 2025. On this day, an amount of about ₹ 20,000 crore will be directly transferred to farmers’ bank accounts. Out of this, farmers of Bihar will get about ₹ 1,600 to ₹ 1,800 crore.
Importance of installment
- Each eligible farmer will get an amount of ₹ 2,000.
- This amount will help in meeting seeds, fertilizers and other agricultural requirements.
- The objective of the scheme is to increase the income of farmers and strengthen their economic status.
Benefits of PM Kisan Yojana
This scheme has benefited farmers in many ways. The following are its major benefits:
- Financial Assistance: Providing financial assistance to small and marginal farmers.
- Direct profit transfer (DBT): Money is directly transferred to bank accounts, which eliminates the risk of middlemen.
- Improvement in agricultural production: This amount helps in buying seeds, fertilizers and equipment.
- Economic Security: This scheme is helpful in protecting farmers from financial crisis.
Eligibility criteria
To avail the PM-Kisan scheme, the following conditions are required to be met:
- The applicant should be a citizen of India.
- Only small and marginal farmers are eligible.
- Government employees, high -income persons and pensioners (₹ 10,000+ monthly pension) are not eligible for this scheme.
- Lawyers, doctors, engineers or other professionals also cannot avail this scheme.
Essential document
The following documents are required to get the benefit of the scheme:
- Aadhar card
- Bank account statement
- Land records
- Mobile number
- E-KYC certificate
Why is e-KYC necessary?
The e-KYC process ensures that only eligible farmers take advantage of this scheme. This process can be completed in both online and offline methods. No beneficiary can get the next installment without completing the e-KYC process.
PM Kisan Yojana: List of previous installments
| Installment number | Release date |
| first installment | 24 February 2019 |
| Second installment | 2 May 2019 |
| Third installment | 1 November 2019 |
| Fourth installment | 4 April 2020 |
| Fifth installment | 25 June 2020 |
| Sixth installment | 9 August 2020 |
| Seventh installment | 25 December 2020 |
| Eighth installment | 14 May 2021 |
| Ninth installment | 10 August 2021 |
| Tenth installment | 1 January 2022 |
Who will not get benefits?
There are some farmers who will not be able to take advantage of this scheme:
- Whose e-KYC process is incomplete.
- Those who do not have land records updates.
- Those who belong to government employees or high income groups.
- Those who have earlier benefited by giving wrong information.
The government has so far withdrawn ₹ 335 crore from farmers who wrongly took advantage of this scheme.
conclusion
The Pradhan Mantri Kisan Samman Nidhi Yojana has financially empowered millions of farmers across the country. Its 19th installment is going to be released, which will benefit crores of farmers. If you are eligible for this scheme, make sure that your e-KYC process is completed and all your documents are correct.
Disclaimer:
This article is written only for the purpose of providing information. Please verify the official website or local authorities whether you are eligible for this scheme or not.
