If you are a farmer and you are financially weak, then you can take benefits by joining the Pradhan Mantri Kisan Samman Nidhi Yojana run by the Central Government. This scheme is run by the Government of India for such farmers. Eligible farmers are given three installments of Rs 2,000 each every four months, that is, the beneficiaries get a total financial assistance of Rs 6,000 annually. For example, this time in the new year 2024, farmers are to get the benefit of the 16th installment and everyone wants to know about its date. So, without any delay, let us know when the 16th installment can be released? You can know about this in detail further…

When can the 16th installment come?
Actually, till now the eligible farmers have received 15 installments of money under the scheme. Prime Minister Narendra Modi released the 15th installment on 15 November 2023 and provided benefits to more than 8 crore beneficiaries.

In such a situation, this time the farmers associated with the scheme are waiting for the 16th installment. However, till now no official announcement has been made regarding the installment date. But if media reports are to be believed, the 16th installment may be released in February-March.

The installments of these farmers may get stuck:-
There are many farmers whose installments may get stuck. First of all, there are those farmers who are not getting the land verification done or will not get it done. Under the rules, the installment of such farmers may get stuck.

At the same time, if you are associated with the scheme and do not get the e-KYC done, you may still be deprived of the benefit of the installment. Therefore, to avail the benefit of installment, get this work done from your nearest bank, CSC center, or the official portal of the scheme pmkisan.gov.in.

(PC: iStock)