Today, under the PM Kisan Samman Nidhi 17th Installment Payment Status, the Indian government has launched a scheme to provide financial assistance to small and marginal farmers for the purchase of seeds and growing materials. Under this program, farmers get Rs 6,000 per year in three equal installments to assist them. The program is poised to reveal its 17th edition in 2024, a year that many beneficiaries look forward to. In this post you can learn more about PM Kisan Samman Nidhi 17th Installment Payment Status.
About PM Kisan Samman Nidhi
| Feature | Details |
|---|---|
| Launched by | Government of India |
| Launch Date | February 2019 |
| Aim | To provide financial support to small and marginal farmers |
| Benefit | INR 6,000 per year, distributed in three equal installments of INR 2,000 each |
| Method of Transfer | Direct Benefit Transfer (DBT) to farmers’ bank accounts |
| Target Beneficiaries | Small and marginal farmers |
| Eligibility | Farmers owning up to 2 hectares of land |
| Approximate Coverage | 125 million farmers |
| Purpose | To ensure financial support for purchasing agricultural inputs, to help ensure proper crop health and yield |
The PM Kisan Samman Nidhi Yojana has been a major initiative introduced by the Government of India. It was officially launched in February 2019 and is for the exclusive purpose of extending financial support to small and marginal farmers throughout the country. The main purpose of the scheme is to enable the fulfillment of the financial needs of the farmers through the timely procurement of various inputs to ensure proper crop health and adequate yields, commensurate with the anticipated farm income at the end of each crop cycle. This scheme provides income support of INR 6,000 per year in three equal installments of INR 2,000 each.
This underground tension helps avoid the usual leakages through which farmers are exploited by middlemen, contractors, and cronies who siphon off funds from welfare schemes. The program aims to cover around 125 million farmers (including their families), irrespective of the size of their land holdings, as individuals or through groups, associations, or clusters. The program will also cater to about 2. The Prime Minister Kisan Samman Nidhi Scheme not only aims to improve the economic condition of farmers but also seeks to protect them from increasing season cycles and other risks, stabilizing the rural economy and promoting agricultural sustainability.
Also Check – Mojini V3 Application Status 2024 Check Online at bhoomojini.karnataka.gov.in by Application Number and Mobile Number
Benefits of PM Kisan Samman Nidhi
The PM Kisan scheme aims to provide several benefits to small and marginal farmers in India. Benefits of CSRF protection
- Financial Assistance: All the eligible farmers are provided INR 6,000 annually in three equal installments to support their initial agricultural expenditures and also help them come out of dependence on usurious credit.
- A direct bank transfer using Direct-Benefit Transfer (DBT) With DBT, we can guarantee that the financial assistance reaches the farmers directly. Lower likelihood of fraud by eliminating one set of middlemen in the value chain and forestalling the value of financial assistance.
- Income Stability: Under this scheme, the farmers or cultivators are assured of stable income and can take care of their financial requirements across the crop cycle—from sowing, cultivation, and harvesting to the point of sale.
- Support for Increased Agricultural Activity: The scheme also motivates the farmers to carry out better agricultural practices and invest in agriculture, thereby providing better support, productivity, and sustainability in agriculture.
- Less Debt: Regular financial assistance can curb the exploitation of farmers by high-interest loans available through un-formalized sources, reducing the debt burden on farmers.
- Boosts Modernization: By giving a supplementary sum of money, farmers add to their investment in advanced farming technologies and tools, which increases the yield as well as the efficiency of using resources.
- Social Security: The program functions as a form of social security for small and marginal farmers, who are usually the most affected due to the irregular nature of income and economic shocks.
- Empowering Farmers: The scheme will provide a minimum income for the farmers and thus enable farmers to move on with their decisions regarding their needs for agriculture inputs and other categories, thus promoting self-resilience in agriculture.
These benefits collectively aim to uplift the economic status of farmers, making agriculture a more viable and profitable occupation.
Objectives of the scheme
So the establishment of the PM Kisan Samman Nidhi Yojana had several key objectives to assist the economic condition of small and marginal farmers in India:
- Objectives: Provide financial support to the farmers. Small and marginal farmers, etc., to fund their agricultural operations without any financial stress. Equipment purchases are essential, as are seeds and fertilizers, making it urgent to provide such support.
- Increased Farm Productivity: The scheme aims to increase productivity by providing financial support. This prompts farmers to invest in higher-quality seed, fertilizer, and modern agricultural techniques, resulting in increased yields with healthier, better-quality crops.
- Debt Relief for Farmers: The scheme intends to relieve the burden of debt among farmers by giving them direct fiscal help. It decreases their dependency on high-interest-charging uninstitutional lenders for borrowing.
- Boost to Rural Economy: Besides directly injecting money into the accounts of the farmers, it also helps boost the rural economy. The higher spending power of farmers can translate into increased demand for goods, contributing to the development of rural markets.
- Objectives: Provide financial support to the farmers. Small and marginal farmers, etc., to fund their agricultural operations without any financial stress. Equipment purchases are essential, as are seeds and fertilizers, making it urgent to provide such support.
- Increased Farm Productivity: The scheme aims to increase productivity by providing financial support. This prompts farmers to invest in higher-quality seed, fertilizer, and modern agricultural techniques, resulting in increased yields with healthier, better-quality crops.
- Debt Relief for Farmers: The scheme intends to relieve the burden of debt among farmers by giving them direct fiscal help. It decreases their dependency on high-interest-charging uninstitutional lenders for borrowing.
- Boost to Rural Economy: Besides directly injecting money into the accounts of the farmers, it also helps boost the rural economy. The higher spending power of farmers can translate into increased demand for goods, contributing to the development of rural markets.
- Farmer-to-Farmer Transfers: This is a revolutionary step that will help in the prevention of exploitation by middlemen, as direct benefit transfers (DBT) ensure that the benefit is reaching the farmers without any leakage or wrongdoing by middlemen. It ensures that the middlemen do not exploit them by selling them to the customers for subsidies.
- Support Agri-Justice: The plan is tied to a larger government program to balance green reform and justice in agriculture. It has been created to help other agricultural development programs in their endeavor to make farming a profitable, stable, and sustainable sector.
- Support for Non-Harvesting Season: The financial aid is allotted in three tranches over the year to help growers pass through even the non-harvesting times.
- Increased Farmer Welfare and Reduced Poverty: Ultimately, this scheme is to increase the welfare of farmers, reduce poverty and guarantee a fair income support to agricultural workers by the government.
- Support Agri-Justice: The plan is tied to a larger government program to balance green reform and justice in agriculture. It has been created to help other agricultural development programs in their endeavor to make farming a profitable, stable, and sustainable sector.
- Support for Non-Harvesting Season: The financial aid is allotted in three tranches over the year to help growers pass through even the non-harvesting times.
- Increased Farmer Welfare and Reduced Poverty: Ultimately, this scheme is to increase the welfare of farmers, reduce poverty and guarantee a fair income support to agricultural workers by the government.
These goals show that the government is committed to the objective of promoting the agriculture sector and providing financial help to improve the lives of farmers.
Also Check – Rythu Bharosa Payment Status 2024 Check Online at ysrrythubharosa.ap.gov.in by Aadhaar Card
Eligibility Criteria
| Eligibility Criteria | Description |
|---|---|
| Land Ownership | The farmer must own cultivable land up to 2 hectares to qualify for the scheme. |
| Farmer Category | Only small and marginal farmers are eligible for the scheme. |
| Citizenship | Must be an Indian citizen. |
| Required Documentation | Aadhaar card is mandatory for registration, along with land ownership documents. |
| Exclusions | Institutional landholders and higher income farmers are not eligible. |
| Family Limitation | The benefit is provided per family (husband, wife, and minor children). |
| Other Government Employees | Central or state government employees, professionals like doctors, engineers, lawyers, and active or retired pensioners with a monthly pension exceeding INR 10,000 are excluded. |
| Income Tax Payers | Farmers who paid income tax in the previous assessment year are not eligible. |
Necessary documentation
| Document Type | Purpose |
|---|---|
| Aadhaar Card | Primary identity verification and to link with the bank account for Direct Benefit Transfer. |
| Bank Account Details | To facilitate the direct deposit of funds. |
| Land Ownership Records | To verify the ownership and size of the land. |
| Citizenship Certificate | To confirm the applicant is an Indian citizen. |
| Declaration Form | A self-declaration form to affirm that the individual qualifies under the scheme’s criteria. |
| Mobile Number | For communication and status updates regarding the scheme. |
Mechanism of DBT in PM Kisan
DBT is used to transfer the INR 6,000 financial assistance per year given in 3 equal installments of INR 2,000 each directly to the bank accounts of the farmers covered under the PM Kisan Samman Nidhi Yojana.
Check PM Kisan Samman Nidhi 17th Installment Payment Status Check
To check the status of the 17th installment payment under the PM Kisan Samman Nidhi Yojana, follow these steps:
- Visit the official PM Kisan portal at pmkisan.gov.in.
- On the homepage, locate and click on the ‘Farmers Corner’ section.
- In the ‘Farmers Corner’, you will find the link for ‘Beneficiary Status’. Click on this link.
- You will be directed to a page where you need to enter either your Aadhaar number, Account number, or Mobile number. Enter any one of these details associated with your PM Kisan account.
- After entering the details, click on the ‘Get Data’ button.
- The screen will display the status of your 17th installment. It will show whether the funds have been transferred to your bank account or if there are any issues that need to be resolved.
This process allows farmers to quickly and easily check the status of their payments without needing to visit a bank or government office.
PM Kisan Samman Nidhi Contact Details
As of my last update, here are the contact details for the PM Kisan Samman Nidhi Yojana, which can be used by beneficiaries to inquire about the scheme or resolve issues related to their payments:
- Helpline Number:
- 155261 / 011-24300606
- Another direct helpline is available at 0120-6025109 / 011-23381092
- Email Support:
- For any issues or queries, you can email at pmkisan-ict@gov.in
- Official Website:
- Physical Address:
- Office of the PM Kisan Scheme, Ministry of Agriculture and Farmers Welfare, Government of India, Krishi Bhawan, Dr. Rajendra Prasad Road, New Delhi – 110001.
These resources can be used to get assistance regarding the registration process, payment issues, status checks, or any other questions related to the PM Kisan scheme.
Conclusion
Now, PM Kisan Samman Nidhi 17th Installment Payment Status is the easiest and fastest way to check the status of PM Kisan Samman Nidhi Yojana on the coming days. Not only it saves time but it also gives farmers an easy to access information relating to their financial assistance. With the help of this official website of PM-Kisan, farmers can easily see the status of their own payment, which makes it transparent as well as easily accessible to the common man.
This is a much more reliable system then trying to track payments and commissions manually. It also helps in giving confidence to the farmers by making them able to monitor their funds on the spot. The new digital facility, on the whole, represents a major stride towards digital reform of agricultural support in India making it farmer-friendly and user-oriented.