PM-KISAN: Yet another installment likely to come before Holi, check your name in the list

New Delhi: Under PM Kisan Samman Nidhi Scheme (PM-KISAN), the central government provides benefits of Rs 6,000 every financial year to farmers families which is directly transferred to the their account. All the three installments of the current financial year have been transferred in the bank accounts of the farmers while it is believed that the next installment will be credited before Holi.

Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) completed two years on 24 February.

The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme, was launched by PM Narendra Modi in 2019, aims to provide income support to all landholder farmer families across the country with cultivable land, subject to certain exclusions. 

Under the Scheme, the amount of Rs 6000 per year is released in three 4-monthly instalments of Rs 2000 each directly into the bank accounts of the beneficiaries.

Who are eligible to get benefits under the PM-KISAN Scheme?

All landholding farmers' families, which have cultivable landholding in their names are eligible to get benefit under the scheme.

Who are excluded from the PM-KISAN Scheme?

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Those excluded from the PM-KISAN include institutional land holders, farmer families holding constitutional posts, serving or retired officers and employees of State or Central government as well as Public Sector Undetakings and Government Autonomous bodies. Professionals like doctors, engineers and lawyers as well as retired pensioners with a monthly pension of over Rs 10,000 and those who paid income tax in the last assessment year are also not eligible for the benefits.

How many times the PM-KISAN Scheme benefit will be given in a year?

Under the PM-KISAN scheme, all landholding farmers' families shall be provided the financial benefit of Rs 6000 per annum per family payable in three equal installments of Rs 200O each, every four months. The period of 1st installment under the scheme was from 01 .12 2O18 to 31 03 2019, that of 2nd installment from 01 04.2019 to 31 07 .2019,3'd installment from 01 08.2019 to 30 11 2019, and so on.

PM-KISAN Scheme for only Small and Marginal Farmers' families?

ln the beginning when the PM- PM-KISAN Scheme was launched (February, 2019), its benefits were admissible only to Small & marginal Farmers' families, with combined landholding upto 2 hectare. The Scheme was later on revised in June 2019 and extended to all farmer families irrespective of the size of their landholdings

The Central Government had notified a decision to extend the benefit of Rs 6,000 per year under the Pradhan Mantri Kisan Samman Nidhi scheme to all 14.5 crore farmers in the country, irrespective of the size of their landholding.