The Namo Shetkari Yojana – Maha Samman Nidhi Yojana was launched by the Maharashtra government to give the state’s farmers financial aid. The farmers are receiving annual cash help from the state government under this plan, amounting to ₹ 6000.
The state government has already paid the first of the scheme’s three installments to the farmers in the state, and it will shortly pay the next installment into the farmers’ bank accounts. The main aim of this scheme is to benefit the state farmers and provide them with financial support.
If you are also a native farmer of Maharashtra and are waiting for the next installment of this scheme, then today in this article we are going to provide complete information about the fourth installment that has to be released by the Maharashtra government.
Table of Contents
What is the Namo Farmer Scheme?
The Maharashtra government introduced the Namo Shetkari Yojana in 2023. Maharashtra farmers will receive an additional ₹ 6000 annually under this initiative. They will receive ₹ 12000 from both schemes, which is distinct from the ₹ 6000 they receive from the Pradhan Mantri Kisan Samman Nidhi Yojana.
India is mostly dependent on agriculture, as we all know. Thus, increasing farmer income is the goal of the Pradhan Mantri Kisan Samman Nidhi Yojana, and the Government of India’s Namo Shetkari Maha Samman Nidhi Yojana likewise achieves this goal. which gives farmers an additional ₹ 6000.
This essentially indicates that ₹12,000 is deposited annually straight into the bank accounts of Maharashtra farmers. In addition, you get ₹1 in crop insurance under this scheme. Approximately 1.5 crore farmer families in the state will profit from this, for which the government has budgeted Rs 6900 crore.
Eligibility Criteria
You must meet the eligibility requirements to avail of the benefits of Namo Shetkari Yojana. Take a look at the eligibility criteria:
| Criteria | Requirement |
|---|---|
| Residency | Permanent resident of Maharashtra |
| Occupation | Farmer residing in Maharashtra |
| Land Ownership | Possession of cultivable land |
| Agricultural Registration | Registered with Maharashtra Agriculture Department |
| Central Scheme Enrollment | Registered under Pradhan Mantri Kisan Samman Nidhi Yojana |
| Bank Account | Aadhaar linked bank account |
| Documentation | Availability of required documents for verification |
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How Namo Shetkari Yojana Helps You?
Before delving any further, you must be aware of the benefits that Namo Shetkari Yojana provides to the farmers. Reports state that more than 85 lakh farmers benefited financially from the NSMNY program. Here, we have listed some of the major benefits:
| Benefits | Description |
|---|---|
| Stable Income | Provides farmers with a steady yearly income of ₹12,000 to manage financial challenges. |
| Independence and Self-Sufficiency | Enables farmers and their families to handle expenses and avoid debt. |
| Support for Agricultural Needs | Offers financial assistance for essential agricultural inputs like seeds. |
| Empowerment of Farmers | Aims to empower farmers and help them manage financial obligations. |
| Boost to Agricultural Industry | Promotes the growth and development of the state’s agriculture sector. |
Essential Documents for Your Application
Let’s take a look at the required documents for getting the benefits of the Namo Shetkari Yojana 2024:
| Aadhar card | PAN card | Voter Card |
| Bank passbook | Domicile Certificate | Land Related Documents |
| Passport size photo | Mobile Number | PM Kisan Registration Number |
Namo Shetkari Yojana 4th Installment Payment Dates
As per the Namo Shetkari Yojana, farmers receive a sum of 2000 rupees every four months. The Namo Shetkari Yojana 2nd installment was released on February 29, 2024. Now the farmers are waiting to receive the amount of their Namo Shetkari Yojana 4th installment.
The Namo Shetkari Yojana 4th installment date was expected to be released in June, likely on or after June 2024, but there has been a delay in releasing the installment.
The farmers were told by the higher authorities that the payment would be released by the end of July 2024. However, no payments have been yet made. Now, the speculations are the Namo Shetkari Yojana 4th installment will be released in August 2024.
The amount of the Namo Shetkari Yojana 4th installment will be 2000 rupees, which will be deposited directly into their bank accounts with the help of Direct Beneficiary Transfer (DBT). The Maharashtrian farmers may need to wait for a while to get their payments.
Check Namo Shetkari Yojana 4th Installment Status Online
Though the Namo Shetkari 4th Installment payment is yet to be made, the beneficiaries and the eligible farmers can check the status through the following steps. Here’s what you need to do:
- Go to the Namo Shetkari Yojana’s official website first to find out who is eligible for the fourth installment. https://nsmny.mahait.org/FarmerLogin/Login
- Next, select “Beneficiary Status” from the menu on the main page of the website.
- Following that, you must “select” this option to enter your registration number or cellphone number.
- You must “enter” your cellphone number if you choose the mobile number option.
- You then need to input the “Captcha Code.”
- Next, select “Get Mobile OTP” from the menu.
- After that, an OTP will be delivered to your cell phone.
- “Entering” this OTP is required for OTP verification.
- Following this, the Namo Shetkari Yojana’s fourth installment status will be displayed on the device screen.
- Now you can check here whether you have received the fourth installment of this scheme or not. When you know the exact process, you can check this anytime as soon as the payment notification is released.
FAQs
Ques 1. What will be the amount paid under the Namo Shetkari Yojana?
Ans. The eligible farmers will get INR 6000 annually as mentioned in the Namo Shetkari Yojana.
Ques 2. In how many installments will the amount be paid to the farmers?
Ans. The government has decided to pay the amount in three installments which means INR 2000 every four months.
Ques 3. Which scheme does the Namo Shetkari Yojana resemble?
Ans. The Namo Shetkari Yojana is launched in line with the central government’s PM Kisan Samman Nidhi Yojana.