PM Kisan 16th Installment: Under PM Kisan Yojana, all landholding farmer families will be provided a financial benefit of Rs 6000 per family, which will be payable in three equal installments of Rs 2000 every four months.
PM Kisan 16th Installment: The Prime Minister released the 15th installment of PM Kisan Yojana to all eligible farmers on November 15, 2023. PM Modi released more than Rs 18,000 crore to more than 8 crore farmers under the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) during his Jharkhand tour. Note that eKYC is mandatory for all beneficiaries to avail the benefits.
What is Prime Minister Kisan Samman Nidhi?
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a scheme to provide income support to all the landholding farmers’ families in the country to meet their financial needs for agriculture and allied activities as well as for purchasing various things related to household needs. There is a central sector plan. Under the scheme, the entire financial liability for transfer of benefits to the targeted beneficiaries will be borne by the Government of India.
Under PM Kisan Yojana, all landholding farmer families will be provided a financial benefit of Rs 6000 per family, payable in three equal installments of Rs 2000 every four months.
According to the PM Kisan website, ‘eKYC is mandatory for PMKISAN registered farmers. OTP based eKYC is available on PMKISAN portal or nearest CSC centers can be contacted for biometric based eKYC.
When will the beneficiary get PM Kisan 16 installment?
As per the plan, it is released every four months, the 15th installment is released in November, the 16th installment can be expected to be released between February to March. However, it is not certain when the next installment will be released.
PM Kisan installment dates in 2023
- 27 February 2023
- 27 July 2023
- 15 November 2023
