PM-KISAN Scheme: 10th Installment and Latest Updates

Suvarna C.

3 years ago

What is PM KISAN Yojana?

Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) Scheme is an initiative by Government of India in which 120 million small and marginal Indian farmers between the age of 18 and 40, owning less than 2 hectares of land will receive ₹6,000 per year as minimum income support. The scheme was announced by Piyush Goyal during the 2019 Interim Union Budget of India on 1 February 2019.

The scheme was officially launched by the Prime Minister on February 24, 2021. ₹6,000 per year will be paid to each eligible farmer in three installments. This amount will be deposited directly to their bank accounts that have been linked with their Aadhar Cards.

PM KISAN Scheme Overview

This is a Centre scheme and is completely sponsored by the government.
A total support of ₹6000 will be provided in three equal instalments of ₹2000 over the course of each year.
The scheme clearly highlights who is eligible for its benefits and who is not.
The State and UT administrations will play a central part in pinning down aforementioned beneficiaries.
The money will be transferred directly to the beneficiary’s bank account linked to their Aadhar Card.
The scheme came into function on December 1, 2018.
At its inception, the scheme was launched with a budgetary allocation of ₹20,000 crore.

PM KISAN Scheme Highlights

Launched by	Piyush Goyal (Interim Finance Minister)
Announcement date	1st February
Target beneficiaries	Small and marginal farmers
Official portal	http://pmkisan.nic.in
First Instalment date	1/12/2018 to 31/3/2019
Scheme Purpose	To Provide Financial Support To Farmers
Scheme Type	Central Government Scheme
10^th Instalment	December 15, 2021

PM KISAN Objectives

To supplement the incomes of the small and marginal farmers.
Assistance in procuring raw materials and equipment for farming as required.
Checking the farmers’ dependence upon local moneylenders to meet short-term needs.

PM KISAN Eligibility

Who is eligible to apply to reap the benefits of this scheme?

Landholding farmers’ families with cultivable landholding to their name.
Farmers from urban and rural areas can apply.
Small and Marginal Farmers families (SMFs).

Categories excluded

Former and present holders of constitutional posts.
Former and present Ministers/ State Ministers and former/present Members of Lok Sabha/ /Rajya Sabha State Legislative Assemblies/ State Legislative Councils, former and present Mayors of Municipal Corporations, former and present Chairpersons of District Panchayats.
All serving or retired officers and employees of Central/ State Government Ministries /Offices/Departments and its field units Central or State PSEs and Attached offices /Autonomous Institutions under Government as well as regular employees of the Local Bodies (Excluding Multi Tasking Staff /Class IV/Group D employees)
All superannuated/retired pensioners whose monthly pension is ₹10,000/-or more (Excluding Multi Tasking Staff / Class IV/Group D employees) of the above category
All Persons who paid Income Tax in the last assessment year
Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects registered with Professional bodies and carrying out profession by undertaking practices.

[Retrieved from https://pmkisan.gov.in/. PM-Kisan Samman Nidhi. Accessed on November 23, 2021]

Documents Required

Landholding papers including the size of the land
Aadhaar card
Bank account details
ID Proof like Driving License or Voter ID
Working mobile number
Bank passbook
Address proof
Ration Card

What’s New?

As of November 2021, the government has made it mandatory for eligible farmers to also submit their Ration cards along with other relevant documents. Farmers who are unable to produce their Ration cards along with the remaining documents will not be able to draw benefit from this scheme. This has been done to curb fraudulent behaviour from ineligible claimants.

PM KISAN 10th Installment

The 10th payment installment of the scheme will be credited on December 15, 2021.

PM KISAN Status Check

You can visit the official website and go to the “Farmers Corner” on the right hand side of the page. Here, you can check the beneficiary status, beneficiary list, download KCC form and more.

PM KISAN Thus Far

In the Fiscal Year 2021-22, the government of India allocated ₹1,31,531 crore for the Ministry of Agriculture and Farmers’ Welfare.
₹65,000 crore was allocated in the FY 2021-22 for the scheme.
Between August and November 2021, a total of 10,85,64,718 payments were made

Other Schemes for Farmers and Rural Development

Pradhan Mantri Fasal Bima Yojana (PMFBY)
Personal Accident Insurance Scheme (PAIS)
Operation Greens
PM Kisan Maan Dhan Yojana
Gramin Bhandaran Yojana
Pradhan Mantri Krishi Sinchayi Yojana
Pradhan Mantri Kisan Samman Nidhi.
Atmanirbhar Bharat Abhiyan
Soil Health Card

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