The significant authorities will launch the 20 th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme on august 2, 2025. prime minister Narendra Modi is predicted to launch the funds during a public event in Varanasi, benefiting almost 9.7 crore farmers across India.
Each eligible farmer will get hold of Rs 2,000 directly of their financial institution account as a part of this installment.
What's PM-Kisan?
The PM-Kisan scheme offers Rs 6,000 annually to small and marginal farmers in 3 equal payments of Rs 2,000 every. The scheme become released in 2019 to help farmers with well timed monetary assistance for crop and livelihood desires.
Under the PM Kisan Samman nidhi scheme, all eligible landholding farmers get hold of Rs 6,000 annually in three identical installments, that is directly transferred to their financial institution bills via Direct benefit transfer (DBT).
Whilst turned into the last installment launched?
The PM-KISAN nineteenth installment become released in bihar in february this yr whilst high minister Narendra Modi transferred Rs 2,000 to farmers bank accounts thru Direct advantage switch (DBT). The nineteenth installment become credited to beneficiaries' bills on february 24, 2025.
The upcoming payout, in the beginning expected in June, became not on time but is now confirmed for august 2.
How many farmers will gain?
According to government resources, over nine.7 crore farmers will acquire the charge this time, amounting to a total disbursal of about Rs 20,500 crore.
Which farmers are eligible?
To ensure they get hold of the payment, farmers have to:
A) whole e-KYC at the official PM-Kisan internet site or nearest CSC (common carrier Centre).
B) make sure their Aadhaar number is related to their bank account.
C) take a look at their beneficiary fame at the PM-Kisan portal.
Those who fail to fulfill these requirements won't get the installment. Ineligible recipients from previous payouts may additionally face restoration notices from the authorities.
Why Varanasi?
Sources say the installment can be released by PM Modi for the duration of a unique software in Varanasi, his parliamentary constituency. This public event is expected to focus on the authorities's persevered support for India's farming community.
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