PM Kisan Samman Nidhi Yojana 19th Installment: Farming is a key segment of India’s economy. Currently, agriculture serves as the primary means of livelihood for millions of individuals. Since gaining independence, both central and state governments have implemented numerous programs to boost agricultural output in the nation and enhance farmers’ incomes.
Government of India is offering Rs 6 thousand in financial support annually
Despite this, millions of farmers in the nation remain financially vulnerable today. Considering this, the central government is implementing a highly ambitious program to offer financial support to the farmers. This program is called the Pradhan Mantri Kisan Samman Nidhi Yojana. Through this program, the Government of India is offering Rs 6 thousand in financial support annually to the nation’s impoverished farmers.
The annual financial aid of Rs 6 thousand is disbursed in three separate installments. For every installment, the government transfers Rs 2 thousand to the farmers’ accounts via DBT. The central government has disbursed a total of 18 installments for the PM Kisan Samman Nidhi Yojana. On October 5, Prime Minister Narendra Modi launched the 18th installment of the program in the Washim district of Maharashtra.
When will the next installment come?
According to media sources, the Government of India may launch the 19th installment of the PM Kisan Samman Nidhi Yojana in February of next year. Nonetheless, the government has yet to formally declare the dates for the installment payment transfers. Simultaneously, numerous farmers in the nation frequently wonder if those who farm on others’ property can also benefit from this program. Farmers working on land owned by others do not receive the advantages of this program. The advantage of PM Kisan Samman Nidhi Yojana is accessible solely to farmers possessing 2 hectares or smaller arable land.