India

BIG NEWS! PM Modi to Deposit ₹22,700 Crore in Farmers’ Accounts TODAY – 9.8 Crore Beneficiaries to Get Direct Benefit!

PM Modi is set to deposit ₹22,700 crore into 9.8 crore farmers' accounts under PM-KISAN today. Learn how to check your beneficiary status, register for the scheme, and understand its impact. This guide covers everything you need to know about the PM-KISAN installment and how it benefits India's farmers. Check eligibility, registration steps, and payment status now!

By Anthony Lane
Published on
BIG NEWS! PM Modi to Deposit ₹22,700 Crore in Farmers' Accounts TODAY – 9.8 Crore Beneficiaries to Get Direct Benefit!

Prime Minister Narendra Modi is all set to release ₹22,700 crore under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme today. This major financial boost will benefit 9.8 crore farmers across India. The funds will be directly deposited into the beneficiaries’ bank accounts, ensuring seamless and transparent transactions.

With the 19th installment of this initiative, the government aims to continue its support for India’s agricultural community, ensuring farmers receive direct financial aid to manage their farming expenses.

PM Modi to Deposit ₹22,700 Crore in Farmers’ Accounts TODAY

Key InformationDetails
Scheme NamePradhan Mantri Kisan Samman Nidhi (PM-KISAN)
Amount to be Deposited₹22,700 Crore
Total Beneficiaries9.8 Crore Farmers
Installment Number19th
Amount per Farmer₹2,000 (as part of ₹6,000 yearly support)
Total Disbursed Till DateOver ₹3.46 Lakh Crore
Official Websitepmkisan.gov.in

The ₹22,700 crore PM-KISAN installment marks another significant step toward supporting India’s farmers. By ensuring direct financial aid, the government is helping farmers invest in better agricultural practices, thereby strengthening the agriculture sector and ensuring food security in India.

If you’re a farmer, check your status today and register if you haven’t already. This initiative is a game-changer for millions, reinforcing the commitment to farmers’ welfare and rural development.

What is the PM-KISAN Scheme?

The PM-KISAN scheme was launched by Prime Minister Narendra Modi on February 24, 2019, to provide direct income support to farmers. Under this scheme:

  • Eligible farmers receive ₹6,000 annually in three equal installments of ₹2,000 each.
  • The amount is directly credited to their bank accounts through Direct Benefit Transfer (DBT).
  • The initiative aims to reduce financial stress and ensure better farm productivity by helping farmers manage agricultural costs.

Why is This Installment Important?

This financial aid comes at a crucial time when farmers are dealing with challenges such as:

  • Rising cost of fertilizers and seeds
  • Unpredictable weather conditions
  • Need for better irrigation and equipment
  • Debt and loan repayments

The installment helps in reducing financial burden and ensuring food security in India by empowering farmers with necessary funds for their livelihood.

₹12,000 Women’s Empowerment Scheme Launched By Modi Government – Check Application Deadline & Other Important Details

Big News: Fixed Deposit Rates Hit 9.3% – This Bank Just Announced New Rates, Check Are you Eligible

NEW FD ALERT! Get 7.5% Returns in Just 303 Days – Limited-Time Offer from Govt Bank!

Who is Eligible for PM-KISAN?

Not all farmers qualify for the PM-KISAN scheme. Here are the eligibility criteria:

Eligible Farmers:

  • Small and marginal farmers with up to 2 hectares of cultivable land.
  • All landholding farmers in India, including those owning larger farms (as per revised guidelines).
  • Farmers registered on the PM-KISAN portal with valid Aadhaar-linked bank accounts.

Who is NOT Eligible?

  • Institutional landholders.
  • Government employees (except Class IV or Group D employees).
  • Individuals paying income tax.
  • Professionals like doctors, engineers, and lawyers who are engaged in private practice.

Farmers can check their eligibility status on the official website pmkisan.gov.in.

How to Check PM-KISAN Beneficiary Status?

Farmers can check whether they have received the installment by following these steps:

  1. Visit the official PM-KISAN website: pmkisan.gov.in
  2. Click on “Beneficiary Status”.
  3. Enter your Aadhaar Number, Account Number, or Mobile Number.
  4. Click “Get Data” to view your payment status.

If the installment hasn’t been credited, farmers should verify their Aadhaar seeding with the bank account and contact their local agriculture officer for further assistance.

How to Register for PM-KISAN?

If you are a farmer and haven’t registered yet, follow these simple steps:

  1. Go to the official website pmkisan.gov.in
  2. Click on “New Farmer Registration”.
  3. Enter your Aadhaar number and verify.
  4. Fill in your bank details, land details, and personal information.
  5. Submit the form and wait for approval.

After verification, you will start receiving PM-KISAN installments in your bank account.

Additional Government Initiatives for Farmers

Apart from the PM-KISAN scheme, the government has launched several additional initiatives today:

  • Formation of the 10,000th Farmer Producer Organization (FPO) to help farmers collaborate and get better market access.
  • Regional Center of Excellence for Indigenous Breeds in Motihari under the Rashtriya Gokul Mission.
  • Milk Product Plant in Barauni, boosting the dairy sector.
  • Warisaliganj-Nawadah-Tilaiya Rail Section Doubling to improve transportation.
  • Subsidies and loans for small farmers to improve crop yield and irrigation systems.
  • Insurance schemes and crop protection plans to mitigate losses due to natural calamities.

These projects aim to enhance agriculture, dairy farming, and infrastructure development in India.

FAQs

1. How much money is given under PM-KISAN?

Eligible farmers receive ₹6,000 per year in three installments of ₹2,000 each.

2. How to check PM-KISAN payment status?

Visit pmkisan.gov.in, click on “Beneficiary Status”, and enter your details.

3. What if I haven’t received my PM-KISAN installment?

Check your Aadhaar-bank account linkage or contact your nearest agriculture officer for assistance.

4. Can I apply for PM-KISAN if I own more than 2 hectares of land?

Yes. The scheme now includes all landholding farmers, regardless of land size.

5. Is Aadhaar mandatory for PM-KISAN?

Yes, farmers must link their Aadhaar with their bank account to receive the benefits.

6. Can tenant farmers apply for PM-KISAN?

No, PM-KISAN benefits are available only to land-owning farmers, not tenant farmers.

Author
Anthony Lane
I’m a finance news writer for UPExcisePortal.in, passionate about simplifying complex economic trends, market updates, and investment strategies for readers. My goal is to provide clear and actionable insights that help you stay informed and make smarter financial decisions. Thank you for reading, and I hope you find my articles valuable!

Leave a Comment