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Importance of Pradhan Mantri Kisan Samman Nidhi Scheme

Pradhan Mantri Kisan Samman Nidhi Yojana is an important initiative, under which millions of farmers are getting financial assistance. This scheme is operated by the Government of India, which is benefiting the farmers of the country. Every year crores of rupees are allocated for this scheme. Eligible farmers are given an amount of 6 thousand rupees annually by the government. So far, a total of 18 installments have been released under this scheme, and now the 19th installment is awaited.

Number of installments

So far 19 installments have been released under the PM Kisan Yojana. Recently, the 18th installment was released on 5 October, which benefited more than 9.4 crore farmers. This amount is sent directly through DBT to the bank accounts of the beneficiaries.

20th installment time

There is a rule for payment of installments, according to which new installments are released at an interval of almost every 4 months. However, no official information is available about the 20th installment yet.

Land of land is also necessary to take advantage of the installment. It is very important to do this process. If farmers do not follow this process, they can be deprived of the benefit of installment. Apart from this, it is also necessary to link your Aadhaar card to the bank account, as your installment may get stuck if not done.