PM Kisan Samman Nidhi eighth installment: The eighth installment of the PM Kisan Samman Nidhi will probably be credited into beneficiaries’ financial institution accounts in April itself. The federal government is but to finalise date to launch the funds. Nevertheless, studies counsel that the PM Kisan Samman Nidhi’s subsequent installment may very well be credited into financial institution accounts of farmers between April 20-25.
Underneath the PM-KISAN Scheme, the Modi authorities gives a monetary help of Rs 6,000 per yr to farmers. The quantity is payable in three equal installments of Rs 2,000 every. The primary installment is deposited between December and March, the second between April and July, and the third between August and November. The fund is transferred on to the financial institution accounts of the beneficiaries.
The earnings assist is being offered to small and marginal farmer households having mixed land holding or possession of as much as 2 hectares. The state governments and UT administrations establish the farmer households eligible for the money assist.
The quantity is straight transferred into the financial institution accounts of the beneficiaries by means of the direct profit switch (DBT) mode.
The federal government retains the info of beneficiaries beneath the scheme. The record of beneficiaries is on the market on pmkisan.gov.in
The federal government has already given seven installments. Based on the Ministry of Agriculture knowledge, almost 11 crore farmers have been benefitted from the scheme to date. The scheme was launched in December 2018.