PM Kisan Yojana: The central government is continuously running several welfare schemes to provide financial assistance to economically weaker and needy farmers in the country. Among these schemes, the Pradhan Mantri Kisan Samman Nidhi Yojana is a very important one. Under this scheme, eligible farmers receive financial assistance every year to help them with farming-related expenses and maintain stability in their income.

How many installments have been released so far?

Since the launch of the Pradhan Mantri Kisan Samman Nidhi Yojana, a total of 21 installments have been released. The last, i.e., the 21st installment, was released on November 19. More than 9 crore eligible farmers across the country benefited from this installment, providing significant relief to the farmers.

What are the latest indications regarding the 22nd installment?

Now, farmers associated with the scheme are eagerly awaiting the 22nd installment. The month of January is ending, and February is beginning. Therefore, it is being speculated that the 22nd installment may be released in February. However, the government has not yet announced an official date, but an update is expected soon.

The four-month interval rule

Under the PM Kisan Yojana, each installment is usually released at an interval of approximately four months. Considering this timeframe, the 22nd installment is due in February. This is why farmers are increasingly hopeful that the next installment will be transferred to their accounts soon.

Essential conditions for receiving the installment

If farmers want to avail the benefit of the 22nd installment, it is mandatory to complete certain formalities. The farmer’s e-KYC must be completed. Along with this, the land verification process must also be completed. In addition, the Direct Benefit Transfer (DBT) facility should be enabled in the bank account; otherwise, the installment may be delayed.