The PM Kisan Yojana, initiated on December 1, 2018, stands as a testament to the Indian Government’s commitment to supporting its agrarian community. Originally designed to offer Rs 6,000 annually to qualified farming families, this scheme has been a cornerstone in bolstering the financial stability of farmers across India.
PM Kisan Yojana – Scheme Overview
Administered by the Government of India, the PM Kisan Yojana aims to provide financial aid to eligible landholding farmer families, encompassing the husband, wife, and minor children as a single unit. The State Governments and Union Territory administrations directly deposit this assistance into the beneficiaries’ bank accounts in three equal payments over the year.
Exciting Development for 2024
In a significant update for Rajasthan’s agricultural sector, Prime Minister Modi announced an increase in the annual financial support to Rs 12,000 for farmers under the PM Kisan Samman Nidhi scheme. This announcement, made during a political rally in Rajasthan, doubles the previous aid amount, reflecting a robust effort to enhance the welfare of the farming community.
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PM Kisan Yojana Payment News 2024 -Key Announcements
During the rally in Hanumangarh, Rajasthan, the Prime Minister highlighted the party’s commitment to purchasing crops at Minimum Support Price (MSP) and offering additional bonuses to farmers if elected. This pledge is part of a broader strategy to ensure economic support and fair pricing for farmers’ produce.
Furthermore, the Prime Minister addressed the issue of fuel prices, promising a reassessment to align with those in BJP-governed neighbouring states, aiming for more affordable petrol and diesel prices under a BJP-led government in Rajasthan.
Recent Disbursements
The Prime Minister recently released the 15th instalment of the PM Kisan Yojana, directly benefiting eligible farmers through Direct Benefit Transfer (DBT). This follows the 14th instalment, where approximately 8.5 crore farmers received a total of Rs 17,000 crore, underscoring the scheme’s substantial impact.
Looking Ahead
Farmers are hopeful for the official confirmation of the increased support to Rs 12,000, anticipating a positive announcement in the upcoming government budget. We expect this enhancement to offer greater financial security and to encourage advancements in agricultural practices.
How to Register for 2024
Farmers looking to register for the PM Kisan Yojana can do so by:
- Visiting the official website pmkisan.gov.in and navigating to the farmer’s section.
- Clicking on ‘New Farmer Registration’ followed by ‘e-KYC’.
- Entering their Aadhaar details and completing the required steps to fill out the application form.
Checking Your Status
Visit pmkisan.gov.in and follow the provided instructions for each respective inquiry to verify your beneficiary status or to see if your name is on the beneficiary list.
Beneficiary Regions
Farmers in Gujarat, Chhattisgarh, Jharkhand, and Rajasthan are among those poised to benefit from the increased instalment, reflecting the government’s ongoing commitment to the agricultural sector’s growth and prosperity.
Conclusion
The PM Kisan Yojana stands as a pivotal initiative by the Government of India, aimed at reinforcing the agricultural backbone of the country by providing financial assistance to farmer families. The recent announcement to elevate the annual support from Rs 6,000 to Rs 12,000 for farmers in Rajasthan is a testament to the government’s dedication to enhancing the welfare and prosperity of the farming community.
We anticipate that this increase in financial aid will significantly positively impact the agricultural sector, providing farmers with the necessary financial support to enhance their farming practices and livelihoods. As the scheme evolves, it continues to embody the government’s commitment to fostering a supportive environment for the agrarian sector, ensuring the economic stability and growth of farmer families across India.
General FAQs
Eligible beneficiaries include landholding farmer families comprising the husband, wife, and minor children. The government has set specific eligibility criteria that must be met, including the exclusion of wealthier farmers, to ensure the aid reaches those in need.
Initially, the scheme provided Rs 6,000 per annum, distributed in three equal instalments. However, a recent announcement for farmers in Rajasthan has increased this support to Rs 12,000 annually.
Farmers can register by visiting the official PM Kisan website (pmkisan.gov.in), completing the ‘New Farmer Registration’ process, and undergoing the necessary e-KYC verification.
You can check your beneficiary status online at the official PM Kisan website by selecting the ‘Know Your Status’ tab and entering the required details.
The financial aid is disbursed in three equal instalments throughout the year, directly transferred to the bank accounts of eligible farmers.
Yes, the scheme considers the family unit as the beneficiary. If you are part of an eligible farmer family, you can apply under the family’s name.
While the scheme is national, certain states, like Rajasthan, have announced increased benefits. However, all eligible farmers across India receive support through this scheme.
If you are eligible but miss an instalment, ensure your details are correct and updated in the system. Contact the helpline provided on the PM Kisan website for assistance.
The Government of India fully funds the scheme, ensuring the direct provision of financial assistance to the farmers without any intermediaries.
Ownership of agricultural land is a primary criterion, but specific exclusions apply, such as for higher-income individuals and non-farming professionals. It’s best to check the detailed eligibility criteria on the official website.
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