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The Government of India will disburse the 21st installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana on November 19. This scheme provides an annual financial assistance of Rs 6,000 to eligible landholding farmer families. The upcoming installment will benefit approximately nine crore farmers, with over Rs 3.70 lakh crores already disbursed through 20 previous installments.
The Government of India is set to release the 21st installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana on November 19th. This central sector scheme aims to provide financial support of Rs 6,000 annually to eligible landholding farmer families across the country.
As of now, the government has disbursed over Rs 3.70 lakh crores to more than 11 crore farmer families through 20 installments. The upcoming 21st installment is expected to benefit around nine crore farmers, with a significant portion, over 25 percent, dedicated to women beneficiaries.
To be eligible for the scheme, farmers must own cultivable land as per land records, have their details seeded in the PM-KISAN portal, link their bank account with Aadhaar, and complete their e-KYC. A landholder farmer's family includes husband, wife, and minor children. However, individuals holding constitutional posts, serving or retired government employees, and those who have paid income tax in the last assessment year are not eligible.
Farmers can register for the scheme through the official PM-KISAN website or mobile app, or by visiting nearby Common Service Centers (CSCs) or India Post Payments Banks (IPPB). Aadhaar verification is crucial for beneficiary identity. Farmers can check their application status via the 'Farmers Corner' on the official PM-KISAN website using the 'Know Your Status' feature.
Impact
This regular financial disbursement directly supports the livelihoods of millions of Indian farmers, contributing to increased rural consumption, improved agricultural sector liquidity, and overall economic stability. The scheme's focus on direct benefit transfer ensures efficient delivery of funds. Rating: 9/10.
Difficult terms:
PM-KISAN Samman Nidhi: A central government scheme providing financial support to landholding farmer families.
Installment: A part of a larger amount paid over a period of time.
Landholding farmers: Farmers who own or cultivate agricultural land.
e-KYC (Electronic Know Your Customer): A process to verify a customer's identity electronically.
Aadhaar: A unique 12-digit identification number issued by the Unique Identification Authority of India (UIDAI) to residents.
India Post Payments Bank (IPPB): A government-owned bank that operates under the Department of Posts.
Common Service Centers (CSC): Rural entrepreneurs providing access to government services and business opportunities.
