New Delhi: Farmers who’ve been eagerly ready for the eighth instalment of the Prime Minister Kisan Samman Nidhi Scheme (PM-KISAN) will get it on the auspicious event of Akshaya Tritiya.
PM Modi will launch the 8th instalment of monetary profit below Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on 14th May at 11 AM through video conferencing. This will allow the transfer of greater than Rs. 19,000 crores to greater than 9.5 cr beneficiary farmer households, confirmed the PMO.
Akshaya Tritiya is falling on May 14.
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 present revenue help to all landholder farmer households throughout the nation with cultivable land, topic to sure exclusions.
Under the Scheme, an quantity of Rs 6000 per 12 months is launched in three 4-monthly instalments of Rs 2000 every instantly 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 under Small and Marginal Farmers’ households?
ln the start when the PM-KISAN Scheme was launched (February, 2019), its advantages have 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 regardless of the scale of their landholdings
The Central Government had notified a choice to lengthen the good thing about Rs 6,000 per 12 months below the Pradhan Mantri Kisan Samman Nidhi scheme to all 14.5 crore farmers within the nation, regardless of the scale of their landholding.
Who are excluded from the PM-KISAN Scheme?
Those excluded from the PM-KISAN embrace 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 people who paid revenue tax within the final evaluation 12 months are additionally not eligible for the advantages.
