PM Kisan Beneficiary Status: India is an agrarian economy where most of the working class is engaged in the agricultural sector. All details releated to PM Kisan Beneficiary Status is provided in this article. Being the 5th largest economy in the world with estimated growth of 6-7 percent every fiscal year in GDP, the agricultural sector has a huge positive impact on the economy.
The government has carried out various policies to focus on small or marginalized farmers. Pradhan Mantri Kisan Samman Nidhi yojana was launched in 2019 to help the poor farmers and every month Rs6000 is transferred to the bank accounts of people.
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PM Kisan Beneficiary Status
Pradhan Mantri Kisan Samman Nidhi Yojana was launched in February 2019 with a view to boosting the morale of the small farmers who do not get high yields on their agriculture. It gives monetary security to the marginalized farmers and this money can be used by the farmers to meet additional expenses of seed, manure, pesticide, or tools used while cropping. It is a financial aid which is credited to the accounts of farmers every month. Every year, during the Union budget, the funds for such schemes are also allocated.
This scheme was launched to help the marginalized farmers who do not earn much from agriculture. Sometimes, due to poor monsoon conditions or excess rain in non-monsoon conditions, the crops of the farmers are destroyed, leaving them a financial burden. This benefit will be little support for the farmers in those tough situations. Although the government provides other support, like the minimum support price, this will target poor farmers.
PM Kisan Samman Nidhi Scheme Installment
| Scheme Name | Pradhan Mantri Kisan Samman Nidhi |
| Eligibile | All Farmers |
| Amount | 6000 Rs per Year |
| 17 Kist Release Date | May 2024 |
| Official Website | pmkisan.gov.in |
PM Kisan Next Installment Date 2024
The government has made 16th installments under this scheme. Every year, the authorities pay Rs 6000 to each beneficiary who has been enrolled in this scheme. The last installment was paid on February 28, 2024. There are reports that the upcoming PM Kisan 17 Kist will be paid next month, which is in May 2024. The exact dates have not been released till now.
Importance of PM KISAN Yojana
Since this plan was initiated to help the poor or marginalized farmers, it has benefited the farmers to deal with the increased input cost. It has provided numerous benefits for people. It has provided them with financial security. Farmers can use the money to deal with their financial burden. The farmers can get the payments directly to their banks.
There is no need to collect the payments physically. Such economic support will help in boosting the economy of the country. With the help of this economic support, farmers can expand their agricultural production as money can be utilized to buy more input.
PM Kisan Yojana Eligibility Criteria
Every farmer in India is covered under the benefit of PM KISAN yojana. Moreover, there are some eligibility factors that one needs to check before applying for the scheme. These include:
- Farmers having cultivable land with proper documents will be eligible.
- People who have worked under the central or state government on land are not accountable for this payment.
- Families of farmers will be considered for the payments under PM KISAN Yojana.
Pradhan Mantri Kisan Samman Nidhi
The scheme has been planned for the development of small or marginalized farmers. However, there are many people who are well-off in terms of resources and income and are availing these benefits. Basically, the payments are made to the people who have land registered in their name.
There are many big farmers who have registered their names for this scheme and are getting the payments. There is no clarity on the ownership of the land in some cases. Thus, funds are getting into the accounts of non-desirable people.
How to check PM Kisan Beneficiary Status 2024?
There are some simple steps that will help you to check the status of your account on the official site of PM KISAN. Kindly read it below:
- Visit pmkisan.gov.in and look for the farmers’ corner.
- Now click on the ‘know status’ option to check the application.
- Then you will be asked to enter some details like phone number, aadhar card number, or application number.
- Submit all the details and click on to the ‘Get Data’ option.
- Status of your application will appear in front of you.