Today is a very special day for the countrymen because today the Finance Minister of the country Nirmala Sitharaman will present the full budget. Everyone hopes that there can be something for them in this budget. At the same time, the country's food provider i.e. the farmer also has a lot of hope from this budget. The Government of India runs the Pradhan Mantri Kisan Samman Nidhi Yojana for farmers and under this scheme, eligible farmers are given an annual financial benefit of Rs 6 thousand. This money is given in three installments of Rs 2-2 thousand every four months. In such a situation, there is also a discussion that this installment can be increased. So let's try to know whether the government can give this gift to the farmers in the budget. You can know about this further...
Can the installment increase?
In fact, if media reports are to be believed, the installment money given to the farmers under the PM Kisan Yojana can be increased in the full budget to be presented today. The 6 thousand rupees received by farmers annually can be increased to 8 thousand rupees, which Nirmala Sitharaman can announce in the budget.
It is believed that if the government increases the installment money from 6 to 8 thousand rupees annually, then the installment of 2 thousand rupees received every four months can be changed. In such a situation, instead of three times a year, 2-2 thousand rupees can be given to eligible farmers four times under the scheme.
At the same time, if we talk about the present time, then farmers get 3 installments of 2 thousand rupees each every four months and by doing this, 6 thousand rupees are given to the farmers annually by the Government of India. The Prime Minister himself transfers this money directly to the bank account of the beneficiaries through DBT.
17 installments have been received, waiting for the 18th
Under the PM Kisan Yojana, a total of 17 installments have been received by the eligible farmers so far. The last installment was released on 18 June 2024, which was the 17th installment. In such a situation, now the next turn is for the 18th installment, which can be released in October as per the rules. However, the date has not been officially announced yet.
(PC: ISTOCK)
