Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a highly notable initiative of the central government for the farmers of the nation. Under this scheme, every eligible farmer in the country receives monetary assistance thrice annually, out of which, at the end of every four months, the government sends an installment of two thousand rupees to the farmers’ accounts. The total annual assistance through this scheme amounts to six thousand rupees. This assistance is channeled directly to bank accounts of farmers through the DBT (Direct Benefits Transfer).
Farmers are now looking forward to the 21st installment of the scheme, which is expected to release in November. The last 20th installment was released in August and covered approximately nine crore farmers. Before each installment gets released, government holds an event wherein the Prime Minister is supposed to speak to farmers personally and share information about the release.
Objective of Scheme
A huge number of the farmers in India, which is an agricultural country, have a weak financial condition. Their lives are at the mercy of weather and expenses from farming. The idea of PM Kisan Yojana is to target the financial security of these farmers for smooth conduct of their agricultural practices. This scheme eases the purchase of seeds, fertilizers, and other basic components needed for agriculture by the farmers.
Current Status
As mentioned earlier, 20 installments have been credited under the PM Kisan Scheme, and millions of farmers have benefited from the scheme. According to the government, since farmers have been enrolled under this scheme for the last financial year, their financial position has improved. The scheme is considered reliable for farmers. Everyone is now waiting for the 21st installment, and preparations are on by the government.
Which Farmers’ Installments May Be Delayed?
Some farmers face problems when it comes to receiving their installments. The major reason behind this is verified but incomplete land or e-KYC. When a farmer has not verified their land or even if they haven’t updated their e-KYC, the installment will be stopped. If a farmer isn’t eligible for the scheme or has participated in the scheme by providing false information, the installment will get stopped as well. Many times, the amount given to such farmers also gets deducted. Therefore, farmers are encouraged to complete all of the formalities in time to avoid delays on their payments.
Number of Beneficiaries and Effects
So far, millions of farmers all across the nation have benefited from PM Kisan Yojana. This scheme especially provides relief to the small and marginal farmers. This scheme has very much contributed to bringing farmers’ income increases while boosting self-reliance in farming. The government transfers funds three times a year—an amount of ₹2000— allowing the farmers to easily get their farm expenses, such as seeds, fertilizers, and equipment.
How to Check Installment Information
Farmers can easily check their installment information online. To do this, they need to visit the official website pmkisan.gov.in. On this website, farmers can find information such as their eligibility, application status, and installment date. It also provides information on the reasons for the pending installment and how to correct it.
Future and Importance of the Scheme
The Pradhan Mantri Kisan Samman Nidhi Yojana has been a vital change in the entire agricultural setup without doubt in the country. It has become not just a source of financial assistance, but also, it has grown to become a temple to self-respect and more stabilization of farmers. In the future, this government is working on making this plan even more transparent and effective so that no eligible farmer will have to suffer deprivation under this scheme.
This scheme is causing a change in the lives of farmers. It greatly helps small farmers, as they are no longer dependent on others for their agricultural work. The government’s goal is to ensure that every farmer in the country becomes self-reliant and views farming as a profitable business.
Conclusion
In the end, PM Kisan Yojana gives hope to farmers. Not only is it strengthening their financial strength, but it is also a step towards making farming a sustainable and respectable profession. The coming 21st installment in November will bring hope and succor to millions of farmers. This government effort remains dedicated to the recognition of the hard work of farmers and improving their lives.
