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PM Kisan Next Installment: Everything You Need to Know

PM Kisan Next Installment

PM Kisan, or Pradhan Mantri Kisan Samman Nidhi, is a central government scheme that provides income support of Rs 6000 per year to all landholding farmer families in India. The scheme was launched in 2018, and has benefited more than 8 crore farmers so far. The scheme aims to supplement the financial needs of the farmers for procuring various inputs related to agriculture and allied activities, as well as domestic needs. The scheme is implemented by the Ministry of Agriculture and Farmers Welfare, in collaboration with the state governments and UT administrations.

Under the PM Kisan scheme, the eligible farmer families receive the financial benefit of Rs 6000 per year in three equal installments of Rs 2000 each, every four months. The amount is directly transferred to the bank accounts of the beneficiaries, through the Direct Benefit Transfer (DBT) mode. The scheme covers all landholding farmer families, irrespective of the size of their land holdings, except for some exclusion categories, such as institutional landholders, income tax payers, etc.

What are the Eligibility Criteria for PM Kisan Scheme?

To be eligible for the PM Kisan scheme, a farmer family should meet the following criteria:

  1. The farmer family should own cultivable land as per the land records of the concerned state or UT.
  2. The farmer family should not belong to any of the exclusion categories, such as:
    • All institutional landholders, such as trusts, educational institutions, religious institutions, etc.
    • Farmer families with one or more members who are or have been:
      1. Constitutional posts holders, such as President, Vice-President, Prime Minister, Chief Minister, Governor, etc.
      2. Ministers, state ministers, and former ministers of central or state governments.
      3. Members of Parliament, state legislatures, local bodies, etc.
      4. Serving or retired officers and employees of central or state governments, and their autonomous bodies and public sector undertakings.
      5. Professionals, such as doctors, engineers, lawyers, chartered accountants, etc., and their associates.
      6. Retired pensioners whose monthly pension is more than Rs 10,000.
      7. Income tax payers in the last assessment year.
  1. The farmer family should have a valid Aadhaar number, except for the residents of Assam, Meghalaya, and Jammu and Kashmir, who are exempted till March 31, 2024.

How to Register for PM Kisan Scheme?

To register for the PM Kisan scheme, a farmer family can follow any of the following methods:

How to Check the Status of PM Kisan Scheme?

To check the status of the PM Kisan scheme, a farmer family can follow any of the following methods:

How to Receive the Next Installment of PM Kisan Scheme?

To receive the next installment of the PM Kisan scheme, a farmer family should ensure the following:

The next installment of the PM Kisan scheme will be transferred to the bank accounts of the eligible farmer families, every four months, as per the following schedule:

The next installment of the PM Kisan scheme is expected to be released on February 27, 2024, as per the previous trends. The farmer family can check the status of the next installment, through the online, mobile app, or helpline number methods, as mentioned above.

What are the Benefits of PM Kisan Scheme?

The PM Kisan scheme has various benefits for the farmer families, such as:

What are the Challenges and Limitations of PM Kisan Scheme?

The PM Kisan scheme is a central government scheme that provides income support of Rs 6000 per year to all landholding farmer families in India. However, the scheme also faces some challenges and limitations, such as:

The PM Kisan scheme is a beneficial and ambitious scheme for the farmer families, but it also needs to address these challenges and limitations, to ensure its effective and inclusive implementation. You can learn more about the PM Kisan scheme, and how to register, check status, and receive the next installment of Rs 2000 in your bank account, by reading this blog post: PM Kisan Next Installment: Everything You Need to Know.

Conclusion

The PM Kisan scheme is a central government program that provides income support of Rs. 6,000 per year to all land-holding farmer families in India. The amount is paid in three equal installments of Rs. 2,000 each, every four months.

The 12th installment of the PM Kisan scheme was released on August 17, 2022. The 13th installment is expected to be released by the end of November 2022. The exact date of the release may vary depending on various factors.

To receive the benefit, eKYC is mandatory for all beneficiaries. You can update your eKYC online or at the nearest CSC centre. You can also check your beneficiary status and installment details on the official website of PM Kisan.

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