All land holding farmer families identified by state governments and UT administrations eligible for support under the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme will soon receive the 12th installment in their bank accounts. Under the scheme, an income support of Rs 6,000 per year in three equal installments is offered to all eligible land holding farmer families.
Here’s when PM Modi will release the PM Kisan 12th installment:
PM Narendra Modi will inaugurate a two-day event – PM Kisan Samman Sammelan 2022 – on October 17 in New Delhi. During this event, PM he will release Rs 16,000 crores under the scheme as 12th instalment through Direct Benefit Transfer.
Release of 12th installment of Rs 16,000 crores to PM Kisan beneficiaries:
PM Modi will release the 12th installment amount of Rs 16,000 crores to farmers under the PM Kisan flagship scheme of the Ministry of Agriculture & Farmers’ Welfare. The benefit will be transferred directly to the bank accounts of eligible beneficiaries through Direct Benefit Transfer mode, using modern digital technology.
So far, eligible farmer families have received financial benefit of more than Rs 2 lakh crore under PM Kisan through 11 installments. Of this, Rs 1.6 lakh crore has been transferred during the Covid-19 pandemic period. With the 12th instalment to be released on October 17, the total amount transferred to the beneficiaries is expected to cross well over Rs 2.16 lakh crore.
Mandatory eKYC for PM Kisan
Only those farmers will be eligible to get benefits under the scheme who have completed the eKYC by the deadline August 31. The central government had already delayed the eKYC deadline from May 31 to July 31.
PM Kisan Samman Sammelan 2022
Meanwhile, PM will also inaugurate the Agri Start-up Conclave and Exhibition during the event on October 17. He will also flag off 600 PM Kisan Samruddhi Kendras (PM-KSK) of Union Ministry of Chemicals and Fertilisers and launch Bharat Urea Bags, India’s biggest move in fertilizers-One Nation One Fertilizer Scheme for Farmers.
