The Central Government of India has successfully released seventeen installments of the governmental scheme, Pradhan Mantri Kisan Samman Nidhi Yojana. Since the commencement date of this scheme, Indian farmers have received a total of 17 installments till June 2024.
This means around INR 34,000 have been sent to a particular farmer’s bank account. Now, the beneficiaries are awaiting the 18th installment under this scheme. If you’re also among the PM Kisan Yojana beneficiaries, your wait might end in October 2024.
As per the reports, the government and the department have made all the required preparations to release the 18th installment in October 2024. You can check the official site at www.pmkisan.gov.in to get the most recent updates. Go through the following details to know more about the PM Kisan Samman Nidhi Yojana 2024.
Table of Contents
- 1 Major Highlights: PM Kisan Samman Nidhi Yojana
- 2 What is PM Kisan Samman Nidhi Yojana?
- 3 Features Of This Scheme
- 4 Eligibility To Apply For PM Kisan Yojana
- 5 Installment Dates: PM Kisan Yojana
- 6 PM Kisan Yojana 18th Installment Date 2024
- 7 Checking Process of PM Kisan Installment
- 8 What are the Reasons For Not Getting The PM Kisan Installments?
- 9 FAQs
Major Highlights: PM Kisan Samman Nidhi Yojana
Here are some of the major highlights of the 18th installment which is to be released by the Central Government’s PM Kisan Samman Nidhi Yojana:
| Name of the scheme | PM Kisan 18th Installment |
| Launched by | Central government |
| Launched on | 19th of February 2019 |
| Department | Ministry of Agriculture and Farmers Welfare |
| Objective | To help farmers |
| Launch Year | 24 February 2019 |
| Benefit | ₹2000 |
| Payment mode | Direct Bank Transfer (DBT) |
| PM Kisan 17th Installment Date 2024 | 18 June 2024 |
| PM Kisan 18th Installment Date 2024 | October 2024 |
| Mode | Online |
| Official Website | www.pmkisan.gov.in |
What is PM Kisan Samman Nidhi Yojana?
The Pradhan Mantri Kisan Samman Nidhi Yojana is an ongoing scheme nationwide. Having the starting date back in 2019, the main objective of this scheme is to uplift the Indian farmers and contribute to their welfare. Under this scheme, Indian farmers get INR 6000 yearly for their expenses.
The plan attempts to relieve some of the financial constraints experienced by the agricultural community, particularly the small and marginal landholders, by directly providing cash aid to farmers.
Even though it has had encouraging results, ongoing efforts to enhance beneficiary identification and outreach to all eligible recipients are crucial to maximize its impact.
Features Of This Scheme
The Pradhan Mantri Kisan Samman Nidhi Yojana has some extraordinary features which make the scheme worth it for the farmers:
- Financial Benefit: Under the program, a yearly financial benefit of INR 6,000 is given to qualifying farmer households. Every four months, this payment is paid in three equal installments of INR 2,000 each.
- Eligibility Requirements: With a few exclusions, including institutional landowners and people with higher income levels, the program is intended to assist all landholding farmer families in the nation, regardless of the size of their landholdings.
- Direct Benefit Transfer: To ensure efficiency and openness in the distribution procedure, the money is transmitted straight to the beneficiaries’ bank accounts.
- National Coverage: The program is running throughout the whole country of India, giving small and marginal farmers special consideration.
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Eligibility To Apply For PM Kisan Yojana
The PM Kisan Nidhi Yojana works through a specific procedure. This process includes the farmers’ application for this scheme. To apply, the farmers must have the required eligibility. The major points of the same include:
| Criteria | Description |
|---|---|
| Family Definition | A unit comprising the farmer, spouse, and minor children. |
| Land Ownership | Cultivable land as per state land records. |
| Land Size | Not a criteria for eligibility; all sizes qualify. |
- Landholding Criteria: The scheme is open to all landholding farmers’ families, which are defined as a family comprising husband, wife, and minor children who own cultivable land as per the land records of the respective State or Union Territory.
- Family Definition: For the calculation of the benefit, the scheme considers a “family” as a unit comprising the farmer, his/her spouse, and minor children.
- Ownership of Cultivable Land: The farmer must own cultivable land as per the land records of the state government. The amount of land owned is not a criterion for eligibility, meaning that all sizes of landholdings are considered.
Installment Dates: PM Kisan Yojana
We’ve elaborated on the release dates of the previous seventeen Pradhan Mantri Kisan Nidhi Yojana installments here:
| Installment Number | Release Date |
|---|---|
| 1st | February 24, 2019 |
| 2nd | May 2, 2019 |
| 3rd | November 1, 2019 |
| 4th | April 4, 2020 |
| 5th | June 25, 2020 |
| 6th | August 9, 2020 |
| 7th | December 25, 2020 |
| 8th | May 14, 2021 |
| 9th | August 10, 2021 |
| 10th | January 1, 2022 |
| 11th | June 1, 2022 |
| 12th | October 17, 2022 |
| 13th | February 27, 2023 |
| 14th | July 27, 2023 |
| 15th | November 15, 2023 |
| 16th | February 28, 2024 |
| 17th | June 18, 2024 |
| 18th | Expected In October 2024 |
PM Kisan Yojana 18th Installment Date 2024
The Pradhan Mantri Kisan Samman Nidhi Yojana is a public welfare initiative conducted by the Indian Central Government. The start of this program was in 2019. The yearly payout for this program is ₹6000, divided into three equal payments of four months each.
As a result, the recipients get ₹2000 every third month of the year. After the Central Government released the 17th installment in June, the recipients of PM Kisan Nidhi are presently waiting for the next installment, which will be the 18th installment in 2024.
As per the speculations and previous installment dates, the 18th installment is expected to be released in October 2024.
You are suggested to keep a check on the official website and upcoming updates and notifications to familiarize yourself with when the installment is released.
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Checking Process of PM Kisan Installment
After the release of the 18th installment of PM Kisan Yojana, you will be able to see the payment status through the following steps:
- Step 1: You must first go to www.pmkisan.gov.in, the official website of the PM Kisan Yojana.
- Step 2: Following your visit to the scheme’s website, you must select the “Know Your Status” option after viewing the home page.
- Step 3: Clicking will take you to a new page where you must input your registration number.
- Step 4: Enter the captcha code that appears on the screen in the designated column after entering the registration number, then click the “Get OTP” button.
- Step 5: You will receive an OTP on your registered cellphone number after completing this; you must input it in the designated column to validate the OTP.
- Step 6: Once the OTP verification process is completed, you will see the complete status of the payment on the next page.
What are the Reasons For Not Getting The PM Kisan Installments?
If you have not got the PM Kisan Samman Nidhi amount in any installments or the installments are not getting debited to your account, it could be the result of the following unwanted reasons:
| Reason for Rejection | Description |
|---|---|
| Duplicate Beneficiary | The same beneficiary is registered twice in the system. |
| Incomplete or Incorrect KYC | The Know Your Customer (KYC) process has not been completed or has errors. |
| Ineligible Farmer | The applicant belongs to an excluded group or category. |
| Incorrect IFSC Code | The IFSC code provided on the application form is wrong. |
| Account Status Issue | The linked Aadhar card account is transferred, barred, frozen, or closed. |
| Bank or Post Office Name Error | The name of the bank or post office is incorrect. |
| Invalid Aadhar and Account Number | Both the Aadhar card number and account number are invalid. |
FAQs
Ques 1. When can I anticipate the release of PM Kisan Yojana’s 18th Installment?
Ans. The PM Kisan Yojana’s 18th Installment may be released anytime in October 2024.
Ques 2. What is the expected number of beneficiaries of the 18th installment?
Ans. Around 9.3 crore farmers will benefit from the 18th installment of the PM Kisan Yojana.