Various schemes are being implemented to provide benefits to the needy and economically deprived sections of the society. While the state governments are running various types of programmes, the central government is also running many beneficial and welfare schemes. In this series, Pradhan Mantri Kisan Samman Nidhi Yojana is being implemented for the welfare of farmers. Under this scheme, farmers get an amount of Rs 6,000 annually, which is distributed in three different installments. Now the question arises regarding the release date of the 16th installment. Let us try to find the answer to this question without any delay. You can know more about it in the next slides.
Which farmers are eligible for installment?
Eligible farmers of PM Kisan Yojana will get the benefit of installment. However, it is necessary for the farmers to complete the e-KYC on time, as the installment will be provided only after the e-KYC process.
Additionally, farmers who have completed the land verification process are eligible for the installment. The government has made it clear that to get the installment, work like land verification will have to be completed.
Eligibility Criteria for Farmers:
Farmers whose Aadhar card is linked to their bank account.
Farmers with error free fields.
Those farmers who are eligible for Kisan Yojana and have completed all the necessary work etc.
When can we expect the installment?
At present, official information about the release date of the 16th installment has not been revealed. However, according to media reports, the installment may be released in February-March. According to the rules, the 15th installment was released on 15 November 2023. After this timeline, as per the rules, the 16th installment can be released in March.