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June 11, 2024

Modi Clears 17th PM-KISAN Installment: A Lifeline for 93 Million Farmers

Prime Minister Narendra Modi on Monday approved the release of the 17th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, a significant move that will benefit over 93 million farmers across India. This installment, amounting to more than Rs 20,000 crore, is aimed at bolstering the income of farmers and providing them with much-needed financial support.

Reflecting on the government’s unwavering commitment to farmer welfare, Modi remarked, “Ours is a government fully committed to Kisan Kalyan (farmers’ welfare). It is therefore fitting that the first file signed on taking charge is related to farmer welfare. We want to keep working even more for the farmers and the agriculture sector in the times to come.”

Understanding PM-KISAN: An Overview

Launched in December 2018, the PM-KISAN scheme is a pivotal initiative by the central government designed to support the income of farmers across the country. Under this scheme, eligible farmers receive an annual financial assistance of Rs 6,000, disbursed in three equal installments of Rs 2,000 each, every four months. The funds are transferred directly into the beneficiaries’ bank accounts through Direct Benefit Transfer (DBT), ensuring transparency and efficiency.

Impact of the 17th Installment

The release of the 17th installment marks another milestone in the ongoing effort to support the agricultural sector. With over Rs 20,000 crore being disbursed, this initiative is set to provide substantial relief to farmers, helping them manage their expenses and invest in their agricultural activities. The PM-KISAN scheme has been a vital source of support for farmers, especially during times of economic uncertainty and fluctuating agricultural incomes.

Previous Installments: A Track Record of Support

The 16th installment of the PM-KISAN scheme was released on February 28, 2024. During this installment, more than 93 million farmers received Rs 2,000 each, underscoring the government’s consistent efforts to ensure the welfare of the agricultural community. The timely release of funds has been crucial in helping farmers meet their seasonal requirements and sustain their livelihoods.

Checking Payment Status: A Guide for Farmers

For farmers eager to check the status of their PM-KISAN payments, the process is straightforward and user-friendly. Here’s a step-by-step guide:

  1. Visit the Official PM-KISAN Website: Go to the official PM-KISAN portal at pmkisan.gov.in.
  2. Access the Farmer’s Corner: On the homepage, navigate to the ‘Farmers Corner’ section.
  3. Select ‘Beneficiary Status’: Click on the ‘Beneficiary Status’ option.
  4. Enter Required Details: Provide your Aadhaar number, bank account number, or mobile number to access your payment status.
  5. View Status: Click on the ‘Get Data’ button to view the status of your payment.

By following these steps, farmers can easily monitor the progress of their payments and ensure that the funds have been credited to their accounts.

The Road Ahead: Continued Commitment to Farmer Welfare

The PM-KISAN scheme is a testament to the government’s dedication to enhancing the welfare of farmers and strengthening the agricultural sector. With each installment, the scheme provides a crucial lifeline to millions of farmers, helping them navigate the challenges of farming and secure their livelihoods. As the government continues to prioritize farmer welfare, initiatives like PM-KISAN will play an integral role in transforming the agricultural landscape and fostering sustainable growth.

In conclusion, the release of the 17th PM-KISAN installment by Prime Minister Narendra Modi is a significant step in the ongoing journey of supporting India’s farmers. With over Rs 20,000 crore being disbursed to more than 93 million farmers, this initiative underscores the government’s unwavering commitment to the agricultural community and its future.

Read more latest news on R9 News

Jhumpa Lahiri

Jhumpa Lahiri

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