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.