The Pradhan Mantri Kisan Samman Nidhi Yojana (PM Kisan Yojana) is one of the Indian government’s flagship schemes designed to provide financial support to farmers across the country. Launched with the aim of ensuring the economic well-being of small and marginal farmers, this initiative has become a cornerstone of India’s agricultural policy. Under the scheme, the government provides eligible farmers with an annual financial assistance of ₹6,000, disbursed in three equal installments of ₹2,000 each.
Since its inception, the PM-KISAN scheme has successfully delivered 17 installments, offering much-needed financial support to millions of farmers. The 17th installment was released by Prime Minister Narendra Modi during a special event in Varanasi, marking a significant milestone in the ongoing support to the farming community.
With more than two months having passed since the release of the 17th installment, farmers across India are eagerly awaiting the 18th installment. The question on everyone’s mind is: When will the government release the next tranche of funds?
According to media reports, there is speculation that the 18th installment could be released in October 2024. However, it’s important to note that there has been no official confirmation from the government regarding the exact release date.
Who Might Miss Out on the 18th Installment of PM Kisan Yojana?
While the anticipation builds for the release of the 18th installment, not all registered farmers will benefit from it. The government has implemented strict compliance measures to ensure that only eligible and verified beneficiaries receive the funds. Here are the key reasons why some farmers might miss out on the upcoming installment:
- Incomplete e-KYC and Land Verification: Farmers who have not completed their e-KYC (Know Your Customer) and land verification processes will not be eligible to receive the 18th installment. These steps are crucial for verifying the identity and eligibility of the beneficiaries. The government has repeatedly emphasized the importance of completing these formalities to continue receiving benefits under the scheme.
- Incorrect Information During Registration: Farmers who provided incorrect or misleading information during the registration process may also be disqualified from receiving future installments. The government is committed to ensuring that the funds reach the right beneficiaries, and any discrepancies in the information provided can lead to exclusion from the scheme.
Steps Farmers Should Take to Ensure Eligibility for PM Kisan Yojana:
To avoid missing out on the benefits of the PM-KISAN scheme, farmers are advised to take the following steps:
- Complete e-KYC and Land Verification: Ensure that your e-KYC and land verification processes are completed as soon as possible. These procedures can be done online or through authorized centers.
- Update Accurate Information: Double-check the information provided during registration to ensure that it is accurate. If any errors are found, they should be corrected immediately to avoid disqualification.