PM Kisan Yojana : This is an important government initiative that provides financial help to the farmers of India. The aim of this scheme is to increase the income of farmers and provide them financial stability.
Under the PM-Kisan scheme, eligible farmers are given an assistance amount of ₹ 6,000 per year, which is distributed in three equal installments. The scheme was launched on 24 February 2019 and is fully funded by the central government.
PM Kisan Yojana 2024
The aim of PM Kisan Samman Nidhi Yojna (PM-Kisan) is to provide financial help to small and marginal farmers. This scheme has been created to increase the income of farmers and make their financial condition good.
Under this, an amount of ₹ 2,000 is deposited directly into the bank accounts of farmers every four months. The main objective of this scheme is to help farmers meet agricultural requirements, so that they can produce better crops.
PM Kisan 18th Installment Date 2024
The date of the 18th installment of PM Kisan Yojna is likely to be released in the month of October or November in 2024.
The purpose of this installment is to provide timely financial help to the farmers so that they can continue their agricultural activities smoothly. Farmers are advised to complete their PM Kisan KYC, as without KYC the installment will not be released to them.
Benefits of PM Kisan Yojana
- Increase in income: Under PM Kisan Yojna, farmers get financial assistance of Rs 6,000 a year, which increases their income.
- Financial stability: This scheme provides financial stability to the farmers, so that they can continue their agricultural activities without any financial hindrance.
- Direct Benefit Transfer: Under this scheme, the amount is deposited directly into the bank accounts of the farmers, which reduces the possibility of corruption.
PM-Kisan Yojana Eligibility Criteria
Only those farmer families who have cultivable land are eligible under the PM-Kisan scheme. However, some categories of people are ineligible to get benefits under this scheme, such as institutional land holders, persons holding constitutional posts and income tax payers.
How can we Apply for PM Kisan 18th Installment Scheme
- Visit the official website
- New Farmer Registration: Click on ‘New Farmer Registration’ and fill in the required information.
- KYC Process: Complete the KYC process so that you can get the benefits of the scheme.
PM kisan Yojana has provided financial help to the millions of farmers of the country and has played an important role in improving their financial condition. Through that scheme, the government aims to empower the farmers and make them self reliant.