PM Kisan Samman Nidhi Yojana: As lakhs of beneficiaries are waiting for an announcement on PM Kisan scheme payment, it is expected that the Centre could release the 15th installment of the scheme by November-end. Notably, the 14th installment was released by PM Modi in July this year.
The 14th installment of the PM Kian scheme was released in July 5 months after the 13th instalment released in February 2023. Moreover, the 12th installment of the PM Kisan scheme was released in October 2022, while the 11th installment was released in May 2022.
As part of the PM KISAN scheme, eligible farmers get Rs 2,000 every four months, which is Rs 6,000 per annum. The financial assistance is given to the farmers each year in three instalments — April-July, August-November and December-March. Notably, the fund gets directly transferred to the bank accounts of the beneficiaries.
As per the available data, the Centre so far has transferred a total amount of about Rs 2.50 lakh crore to the beneficiaries under the PM-KISAN scheme.
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