The Pradhan Mantri Kisan Samman Nidhi Yojana (PM Kisan Samman Nidhi Yojana) is a significant financial assistance for millions of farmers in India. Recently, on August 2, Prime Minister Narendra Modi released the 20th installment of this scheme from Varanasi, under which ₹20,500 crores were sent to the accounts of 9.7 crore farmers. Now farmers are eagerly waiting for the 21st installment. But there is only one question in everyone’s mind: Will the government increase the installment amount this time? Let us know what the government has to say about this and when the next installment can come.
Will the installment amount of the PM Kisan Yojana increase
For some time, there was speculation that the government could increase the amount of the PM Kisan Yojana. But the central government has given a big clarification in this regard. Agriculture Minister Shivraj Singh Chouhan has made it clear in Parliament that there is no plan to increase the amount at present. He said that under this scheme, so far more than ₹ 3.9 lakh crore has been given to the farmers in 20 installments directly in their bank accounts. This amount has helped the farmers a lot in buying essential farming items like seeds and fertilizers.
When was the PM Kisan Yojana started
This scheme was started in February 2019. Its main objective is to provide financial assistance to small and marginal farmers so that they can buy the necessary items for farming. Under this scheme, every eligible farmer is given an installment of ₹ 2,000 three times a year, that is, a total annual help of ₹ 6,000. Farmers get a lot of relief by getting this amount directly into their bank accounts. Last time, the 20th installment was to come in June, but it came in August, due to which the farmers had to wait a bit.
When will the 21st installment of the PM Kisan Samman Nidhi Yojana come
If we look at the old schedule of the government, one installment is released every four months. The last installment came in August, so the 21st installment can come by October or November. However, it completely depends on the government’s decision when the installment will be released. The government has also made it clear that the amount of the 21st installment will be ₹ 2,000 as before.
This scheme is a big support for farmers, and it makes their lives a little easier. If you are also taking advantage of this scheme, then always keep your bank account and Aadhar card information updated, so that the installment money keeps reaching you without any interruption.