New Delhi: Farmers who’ve been eagerly ready for the eighth installment of the Prime Minister Kisan Samman Nidhi Scheme (PM-KISAN will get it on the auspicious occasion of Akshaya Tritiya.
The authorities will switch Rs 2,000 of the eighth installment to the farmers’ account Akshaya Tritiya which falls on May 14, a report within the Live Mint mentioned.
The final or seventh instalment of PM Kisan was paid on Christmas, December 25, which can be the beginning anniversary of former PM Atal Bihari Vajpayee.
The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme was launched by PM Modi in 2019. The Scheme goals to supply earnings help to all landholder farmer households throughout the nation with cultivable land, topic to sure exclusions.Â
Under the Scheme, an quantity of Rs 6000 per 12 months is launched in three 4-monthly instalments of Rs 2000 every straight into the financial institution accounts of the beneficiaries. In a monetary 12 months, PM Kisan installment is credited thrice by –Period 1 from April-July; Period 2 from August to November; and Period 3 from December to March.
PM-KISAN Scheme for less than Small and Marginal Farmers’ households?
ln the start when the PM-KISAN Scheme was launched (February, 2019), its advantages had been admissible solely to Small & marginal Farmers’ households, with mixed landholding upto 2 hectare. The Scheme was later on revised in June 2019 and prolonged to all farmer households irrespective of the scale of their landholdings
The Central Government had notified a choice to increase the profit of Rs 6,000 per 12 months below the Pradhan Mantri Kisan Samman Nidhi scheme to all 14.5 crore farmers within the nation, irrespective of the scale of their landholding.
Who are excluded from the PM-KISAN Scheme?
Those excluded from the PM-KISAN embody institutional land holders, farmer households holding constitutional posts, serving or retired officers and workers of State or Central authorities in addition to Public Sector Undetakings and Government Autonomous our bodies. Professionals like medical doctors, engineers and legal professionals in addition to retired pensioners with a month-to-month pension of over Rs 10,000 and those that paid earnings tax within the final evaluation 12 months are additionally not eligible for the advantages.
