Prime Minister Kisan Samman Nidhi Yojana (PM Kisan Yojana) is an important scheme providing financial assistance to the farmers of India. Under this scheme, farmers are given an assistance amount of ₹ 6000 every year, which is sent to their accounts in three installments of ₹ 2000 each. Now news is coming that the amount of this scheme can be increased, due to which farmers can get annual assistance of ₹ 10000-₹ 12000.
Possibility of increase in the amount of PM Kisan Yojana
Till now, farmers used to get ₹ 6000 annual assistance under this scheme.
Possible changes:
- Parliamentary Committee Recommendations:
- The standing committee headed by Charanjit Singh Channi has recommended the government to increase the amount.
- Farmer organizations have also demanded to double it.
- Proposal in Budget 2025:
- Consideration is being made to increase the amount of PM Kisan Yojana in the Union Budget to be presented in February 2025.
- The new amount could be between ₹10000 to ₹12000.
When will the 19th installment of PM Kisan Yojana come?
So far 18 installments Have been issued.
19th installment:
- Expected date: end of January 2025 Or First week of February 2025.
- Beneficiary: About 9.30 crore farmers.
Essentiality of eKYC
To avail the benefits of the scheme eKYC process It is mandatory to complete.
What to do?
- Complete eKYC as soon as possible.
- If you do not complete the process, you may be deprived of the installment.
Benefits and possible changes of PM Kisan Yojana
| Benefit | Description |
|---|---|
| increase in amount | In the budget of 2025, the amount may be increased from ₹6000 to ₹10000-₹12000. |
| installment distribution | Farmers are given ₹6000 annually in three installments of ₹2000 each. |
| upcoming installment | The 19th installment will be released in the end of January or the first week of February 2025. |
| eKYC mandatory | It is mandatory to complete the eKYC process to receive the installment. |
PM Kisan Yojana: Boon for farmers
Pradhan Mantri Kisan Samman Nidhi Yojana has provided economic stability to farmers across the country.
- This scheme has helped farmers to improve farming and achieve better living standards.
- If the government increases the amount of this scheme, it will be a big relief for the farmers.
What to do:
- Complete the eKYC process.
- Stay updated for information about the upcoming installment.
