The PM Kisan scheme has been instrumental in supporting the financial well-being of millions of farmers in India since its inception. Under this scheme, eligible farmers receive direct income support of Rs. 6,000 per year in three equal instalments. With the recent announcement of the 16th instalment release date, farmers across the country are eager to know when they can expect the next round of financial assistance.
PM Kisan 16th Installment Release Date
The 16th instalment under the PM Kisan scheme is scheduled to be released on third week of September 2021. This announcement comes as a relief to farmers who rely on this income support to meet their agricultural needs and sustain their livelihoods. The timely disbursal of funds under this scheme is crucial for farmers, especially during the planting and harvesting seasons.
Key Highlights of PM Kisan Scheme
Financial Assistance: Under the PM Kisan scheme, eligible farmers receive direct income support of Rs. 6,000 per year, which is disbursed in three equal instalments of Rs. 2,000 each.
Beneficiary Criteria: Small and marginal farmers who own cultivable land are eligible to apply for the scheme. The benefits are extended to farmer families holding to 2 hectares of cultivable land.
Digital Integration: The PM Kisan scheme is seamlessly integrated with Aadhaar to ensure the direct transfer of funds to the beneficiaries’ bank accounts.
Nationwide Reach: The scheme covers farmers from all states and union territories of India, providing financial assistance to a vast agricultural community.
Income Stability: The PM Kisan scheme aims to provide income stability to farmers and ease financial burdens associated with agricultural activities.
How to Check PM Kisan Installment Status
Farmers can easily check the status of their PM Kisan instalments online through the official PM Kisan portal. Here’s how you can do it:
FAQs on PM Kisan Scheme
Small and marginal farmers who own cultivable land are eligible for the PM Kisan scheme.
How frequently are the instalments released under the PM Kisan scheme?
The instalments are released every four months in a financial year.
What is the total amount provided to farmers under the PM Kisan scheme annually?
Farmers receive Rs. 6,000 per year under the PM Kisan scheme.
Can farmers check their PM Kisan payment status online?
Yes, farmers can check their payment status online through the official PM Kisan portal.
Is there any registration fee for applying to the PM Kisan scheme?
No, there is no registration fee required to apply for the PM Kisan scheme.
Are tenant farmers eligible for the PM Kisan scheme?
No, only landholding farmers are eligible for the PM Kisan scheme.
What happens if a farmer’s Aadhaar details are incorrect in the PM Kisan database?
Farmers should update their Aadhaar details correctly to ensure the smooth transfer of funds under the scheme.
How can farmers update their Aadhaar details for the PM Kisan scheme?
Farmers can visit their nearest Common Service Centre (CSC) or contact the PM Kisan helpline for assistance in updating their Aadhaar details.
Can farmers receive PM Kisan instalments directly in their bank accounts?
Yes, the PM Kisan scheme ensures the direct transfer of funds to the beneficiaries’ verified bank accounts.
What is the impact of the PM Kisan scheme on the agricultural sector in India?
The PM Kisan scheme continues to play a crucial role in supporting farmers and enhancing agricultural sustainability in India. The timely release of the 16th instalment will further bolster the financial resilience of farmers across the nation, ensuring their continued progress and prosperity in the agricultural sector.
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