PM Kisan Scheme: If you are a farmer benefiting from the government-run PM Kisan Scheme, this news is crucial. Last month, funds for the 23rd installment of the PM Kisan Scheme were transferred to the bank accounts of over 9.44 crore farmers across the country. Under this scheme, more than ₹18,880 crore was directly transferred to farmers’ accounts. Now, crores of farmers across the nation are eagerly awaiting the next—the 24th—installment of the PM Kisan Scheme.
If you wish to receive the upcoming installment without any issues, you must complete certain necessary tasks. Even a minor oversight on your part could result in you missing out on the upcoming installment. Let us look at the steps required to continue availing the benefits of the PM Kisan Scheme. This article also covers when the 24th installment might be credited to farmers’ accounts, how to check the status, and which farmers are ineligible for the scheme’s benefits.
What is the PM Kisan Scheme?
For context, the PM Kisan Scheme was launched in February 2019. The scheme aims to provide financial assistance to small and marginal farmers, ensuring they do not face difficulties regarding farming expenses. Under this scheme, the government provides ₹6,000 in financial aid annually to farmers. This amount is transferred directly to their bank accounts in three equal installments of ₹2,000 each. So far, the government has transferred 23 installments.
Complete e-KYC Promptly
If you are a beneficiary of the PM Kisan Scheme, it is essential to complete your e-KYC first. The government has made e-KYC mandatory for all beneficiary farmers to ensure that the scheme’s funds reach the genuine recipients. Beneficiaries who fail to complete their e-KYC may face delays or issues in receiving the upcoming installment.
Ways to Complete e-KYC
The government allows e-KYC for the PM Kisan Scheme to be completed in three different ways. The first option is to complete the e-KYC via the PM Kisan portal or mobile app using an OTP. Alternatively, you can visit a CSC or SSK center to undergo biometric e-KYC. A third option allows you to complete the e-KYC using face authentication via the PM Kisan mobile app. You may choose whichever method is most convenient for you.
Farmer ID essential alongside e-KYC
It is important to note that simply having a Farmer ID is not enough to avail the benefits of the PM Kisan scheme this time; the government has clearly announced that the next installment could be withheld for farmers who do not possess a unique Farmer ID. The Farmer ID serves as a digital identity for the farmer, containing details regarding their land, farming activities, and other necessary information. The objective is not only to ensure scheme benefits reach eligible farmers but also to curb fraudulent registrations.
Why the PM Kisan installment might be withheld
Installments are not withheld solely due to e-KYC or Farmer ID issues; payment can also get stuck if your Aadhaar and bank account details do not match, if the bank account is closed, if the IFSC code has changed, or if the bank KYC has not been updated. Therefore, it is crucial to keep these details up to date in a timely manner.
Ensure your Aadhaar is linked to your bank account
If you have not yet linked your Aadhaar card to your bank account, please do so immediately. You will need to visit your bank to complete this process. Failure to link Aadhaar can lead to disruptions in receiving the PM Kisan scheme installment.
Ensure land details are accurate
If any discrepancies are found in land records—such as a pending mutation or the land being involved in a dispute—the system may deem you ineligible. In such cases, it is essential for the farmer to visit the relevant local office and update their records to prevent any interruption in future installments. Find out when the 24th installment will be released Farmers are wondering when they will receive the benefits of the 24th installment of the PM Kisan scheme.
It is worth noting that the government has not yet made an official announcement regarding this. Based on past records, the 24th installment could be released in October. If the previous pattern holds, the 24th installment might follow the 23rd in October; however, as there is no official government announcement yet, one must wait for further updates.
Which farmers will be excluded?
Under the PM Kisan scheme, certain individuals are ineligible for benefits. These include income taxpayers, government employees, elected representatives (such as MPs, MLAs, or Mayors), and those receiving a pension exceeding ₹10,000. Additionally, professionals like doctors, engineers, and lawyers, as well as individuals who do not own agricultural land, cannot avail themselves of the scheme’s benefits. In simple terms, all these individuals are ineligible.
How to check the status of the upcoming installment
If you wish to check the status of the upcoming installment, first visit the PM Kisan scheme portal.
Next, navigate to the ‘Farmers Corner’ and click on the ‘Beneficiary List’.
Then, select your state, district, block, and village.
Click on the ‘Get Report’ option.
The complete list of beneficiaries will then appear on the screen.
Conclusion
If you wish to avail the benefits of the upcoming 24th installment without any hassle, visit your bank and complete the e-KYC process. Also, get a Farmer ID created. Additionally, link your Aadhaar with your bank account and update all land-related details. A single instance of negligence could cause you to miss out on the ₹2,000 payment. Therefore, it is prudent to get these tasks completed in advance.