BUSINESS
PM Kisan Yojana: Will ₹2,000 be credited to farmers' accounts before Diwali? Important update on the 24th installment
As Diwali approaches, agricultural work increases. Farmers need financial assistance. The government runs various schemes to provide financial assistance to farmers. Among these, the PM Kisan Scheme is very beneficial for farmers. Under this scheme, Rs 2,000 is deposited into farmers' accounts with each installment. Now, when will farmers receive the 24th installment, and if it does, will it come before Diwali? This is the question being raised. However, the government has not officially announced the date for this installment. Therefore, farmers will have to wait for an official announcement.
When will the 24th installment of PM Kisan come?
Under the central government's PM Kisan Samman Nidhi scheme, eligible farmer families receive a financial assistance of ₹6,000 annually. This amount is deposited into bank accounts in three ₹2,000 installments through Direct Benefit Transfer (DBT).
There's a gap of about four months between two installments. Therefore, farmers hope to receive the next installment before Diwali. However, the payment date cannot be determined solely by the gap between installments.
Which farmers will get Rs 2,000?
To avail the benefits of PM Kisan Yojana, farmers will have to fulfill the necessary eligibility and documents.
e-KYC – process must be completed.
Land Registration – Verification of land documents must be completed.
Bank Account – Account details must be correct.
Aadhaar and DBT – Necessary processes that are in place must be completed.
Who will not be eligible for the scheme's benefits?
Farmers who pay income tax, certain government officers and employees, as well as professionals such as doctors, engineers, lawyers, and chartered accountants who do not meet the prescribed criteria, are not eligible for the scheme's benefits. Some pensioners may also be eligible based on the prescribed criteria.
PC: TV9 bharatvarsh
