Crores of farmers in the country are taking advantage of the ambitious scheme of the Government of India, Pradhan Mantri Kisan Samman Nidhi Yojana. Under this ambitious scheme, the Central Government is providing financial assistance of Rs. 6 thousand every year in the accounts of farmers. This financial assistance of Rs 6 thousand is released into the accounts of farmers at an interval of every four months. Through each installment, an amount of Rs 2,000 is transferred to the farmers' accounts. Recently, on the occasion of the birth anniversary of Birsa Munda, Prime Minister Narendra Modi transferred the 15th installment of PM Kisan Samman Nidhi Yojana to Khunti, Jharkhand. In this series, let us know by when the Government of India can release the 16th installment of the Pradhan Mantri Kisan Samman Nidhi Yojana.

According to media reports, the Government of India may release the 16th installment of the Pradhan Mantri Kisan Samman Nidhi Yojana in this February month or next March. However, it is worth noting that the government has not yet made any official announcement regarding this.

When can the installment money be transferred? All these claims are being made in media reports. Many farmers across the country are wrongly availing the benefits of PM Kisan Samman Nidhi Yojana.

In such a situation, the Government of India has made it mandatory to do e-KYC and verification of land records under the Pradhan Mantri Kisan Samman Nidhi Yojana. If you have not done these two important tasks yet. In such a situation, you will not get the benefit of the scheme.

For this reason, to get the benefit of the 16th installment of Pradhan Mantri Kisan Samman Nidhi Yojana, you should get your e-KYC and land records verified under this scheme as soon as possible.

(PC: iStock)