PM Kisan Yojana 18th Installment: Prime Minister Narendra Modi is expected to release the 18th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) Yojana on October 5, 2024. This scheme, launched in 2018 by the NDA government, aims to provide financial support to small and marginal farming families across India.
Understanding the PM-Kisan Scheme
Under the PM-Kisan scheme, eligible farmers receive ₹6,000 per year, distributed in three installments of ₹2,000 each. These payments are directly transferred to farmers’ bank accounts using the Direct Benefit Transfer (DBT) system, ensuring transparency and efficiency in the disbursement process.
Recent Developments
The 17th installment of the PM-Kisan scheme was released in June 2024, with the government disbursing approximately ₹20,000 crore to 9.3 crore farmers. As the festive season approaches, the upcoming 18th installment is scheduled for release on October 5, bringing timely financial support to millions of farming families.
Impact on Farmers
This scheme has been a significant source of support for small and marginal farmers across the country. The regular financial assistance helps farmers meet their agricultural needs, including purchasing seeds, fertilizers, and other farming essentials. Moreover, it provides a safety net during challenging times, such as crop failures or natural disasters.
Checking Beneficiary Status
For farmers enrolled in the PM-Kisan scheme, checking their beneficiary status is a simple online process:
1. Visit the official PM-Kisan website
2. Navigate to the “Beneficiary Status” page
3. Enter either your Aadhaar number or account number
4. Click the “Get Data” button
यह भी पढ़े:
18वीं किस्त जल्द होगी जारी, ई-केवाईसी प्रक्रिया पूरी करके पाएं 2000 रुपये – PM Kisan 18th Kist
This process allows farmers to view their beneficiary status and verify payment details, ensuring transparency and allowing them to track when installments are credited to their accounts.
Importance of the Scheme
The PM-Kisan scheme plays a crucial role in supporting India’s agricultural sector. By providing direct financial assistance to farmers, it helps:
- Reduce financial stress on farming families
- Improve agricultural productivity
- Encourage farmers to adopt modern farming techniques
- Contribute to rural economic growth
Looking Ahead
As the 18th installment approaches, millions of farmers across India are eagerly anticipating this financial support. The timing of the release, coinciding with the festive season, is likely to bring additional cheer to farming communities.
Conclusion
The PM-Kisan scheme continues to be a cornerstone of the government’s efforts to support India’s agricultural sector. With the 18th installment set for release, it reaffirms the government’s commitment to the welfare of farmers. As the scheme evolves, it is expected to play an increasingly important role in strengthening India’s agricultural economy and improving the lives of millions of farming families across the nation.