PM-KISAN 8th instalment: PM Modi to transfer over Rs 19,000 crores to more than 9.5 crore farmers today

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New Delhi: The await the 8th instalment of the Prime Minister Kisan Samman Nidhi Scheme (PM-KISAN) will get over today (Friday), because it on the auspicious event of Akshaya Tritiya, PM Modi will launch newest tranche.

The 8th instalment of monetary profit underneath Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme will probably be launched by PM Modi at 11 AM by way of video conferencing. This will allow the transfer of more than Rs. 19,000 crores to more than 9.5 crore beneficiary farmer households, confirmed the PMO.

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 earnings assist 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 immediately 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 afterward revised in June 2019 and prolonged to all farmer households no matter the dimensions of their landholdings

The Central Government had notified a call to prolong the good thing about Rs 6,000 per 12 months underneath the Pradhan Mantri Kisan Samman Nidhi scheme to all 14.5 crore farmers within the nation, no matter the dimensions 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 docs, engineers and attorneys in addition to retired pensioners with a month-to-month pension of over Rs 10,000 and people who paid earnings tax within the final evaluation 12 months are additionally not eligible for the advantages.





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