The central and state governments are running many great schemes to provide financial security to the farmers in the country. In this episode, a few years ago, the Government of India started a great scheme called PM Kisan Samman Nidhi. The poor and marginal farmers of the country are getting the benefit of this scheme. The objective of this scheme is to reduce the cost of farming and increase production capacity by providing financial assistance to the small and marginal farmers of the country.
Under the PM Kisan Samman Nidhi Yojana, the government is providing financial assistance of Rs 6 thousand every year to the poor farmers of the country. This financial assistance of Rs 6 thousand is released every year in the form of three installments. Under each installment, the government sends an amount of Rs 2 thousand to the farmers' account through DBT.
Each installment is released at an interval of four months. So far a total of 17 installments of PM Kisan Samman Nidhi Yojana have been released. In a special program organized in Varanasi in June, Prime Minister Narendra Modi released the 17th installment of the PM Kisan Samman Nidhi Yojana.
After getting the benefit of the 17th installment, crores of farmers in the country are now waiting for the 18th installment. If media reports are to be believed, the Government of India can release the 18th installment of PM Kisan Samman Nidhi Yojana in October. However, the government has not yet made any official announcement regarding this.
The government is very strict towards those farmers across the country who are taking advantage of the PM Kisan Samman Nidhi Yojana in the wrong way. For this reason, the government has made e-KYC and verification of land records mandatory in the PM Kisan Samman Nidhi Yojana.
If you do not get these two important tasks done as soon as possible, then you will not get the benefit of the scheme. Apart from this, farmers who had entered any wrong information while applying for the scheme will also not get the benefit of the next 18th installment. To avail the benefit of the 18th installment, you should get the wrong information entered in the scheme corrected as soon as possible.
(PC: ISTOCK)