PM Kisan: ₹2000 will be credited to farmers' bank accounts on October 5; beneficiaries should check their status now.

The PM Kisan scheme is a vital initiative by the Indian government designed to provide financial assistance to farmers across the nation. Recently, farmers are anticipating the arrival of the 18th installment of the scheme, which promises to deposit ₹2,000 into their bank accounts on Saturday. This ongoing support mechanism is instrumental in enhancing the livelihoods of farmers and ensuring food security in India.

What is the PM Kisan Scheme?

Launched in February 2019, the PM Kisan scheme aims to provide direct income support to small and marginal farmers. Under this initiative, eligible farmers receive a total of ₹6,000 per year, distributed in three equal installments of ₹2,000 each.

Eligibility Criteria for PM Kisan

To qualify for the PM Kisan benefits, farmers must meet the following criteria:

  • They must be small or marginal farmers.
  • Their landholding should not exceed 2 hectares (approximately 5 acres).
  • Farmers cannot be registered as income taxpayers or hold a pension from government services.
  • All land records must be clear and up to date.

Significance of the 18th Installment

The timely release of the 18th installment is particularly critical as it provides farmers with financial liquidity, allowing them to purchase seeds, fertilizers, and other necessary agricultural inputs. This support plays an essential role in sustaining agricultural activities, especially during the sowing season.

Installment Number Amount (₹) Release Date
1st Installment 2,000 February 2019
2nd Installment 2,000 April 2019
18th Installment 2,000 Expected on Saturday

How to Check Your Status

Farmers can easily check their PM Kisan status through the official government portal. By entering their mobile number or Aadhaar number, they can find out if their installment has been credited. This transparency instills confidence in the farmers, ensuring that they can rely on government support.

Conclusion

The PM Kisan scheme is a testament to the government’s commitment to the welfare of farmers in India. With the announcement of the 18th installment, numerous farmers are set to receive essential financial support which empowers them to sustain their agricultural activities. As India strives to enhance its agricultural productivity, initiatives like PM Kisan play a pivotal role in ensuring that farmers receive the necessary resources for success.

Rajiv Sharma

Rajiv Sharma is an experienced news editor with a sharp focus on current affairs and a commitment to delivering accurate news. With a strong educational background and years of on-field reporting, Rajiv ensures that every story is well-researched and presented with clarity. Based in Mumbai, he brings a unique perspective to national and international news.