Farmers across India are eagerly anticipating the next installment of financial support under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme. While no official announcement has been made, reports suggest that the 18th installment may be disbursed in November 2024. This news has sparked hope among millions of farmers who rely on this crucial government initiative.
What is the PM-KISAN Scheme?
The PM-KISAN scheme is a flagship program of the Indian government designed to provide financial assistance to farmers nationwide. Under this scheme, eligible farmers receive direct cash transfers to support their agricultural activities and improve their livelihoods. The program aims to boost agricultural productivity and provide a safety net for farmers facing economic challenges.
Recent Developments
The most recent installment, the 17th under the PM-KISAN scheme, was released on June 18, 2024. Prime Minister Narendra Modi personally oversaw the distribution during an event held in Varanasi. This installment saw a substantial sum of Rs 20,000 crore being credited to the bank accounts of over 9.26 crore farmers across the country. Each beneficiary received Rs 2,000 as part of this financial support.
Expectations for the 18th Installment
While the exact date for the release of the 18th installment remains unconfirmed, media reports suggest it could be disbursed in November 2024. If these reports prove accurate, eligible farmers can expect to receive another Rs 2,000 in their bank accounts. This timely support could prove crucial for farmers planning their agricultural activities for the upcoming season.
Additional Support: Krishi Sakhis
Beyond direct financial assistance, the government has also taken steps to provide on-ground support to farmers. During the 17th installment release event, Prime Minister Modi presented certificates to over 30,000 Self-Help Groups (SHGs) trained as Krishi Sakhis. These individuals will serve as para extension workers, offering valuable assistance and guidance to local farmers. This initiative aims to bridge the knowledge gap and promote best practices in agriculture at the grassroots level.
Impact and Importance
The PM-KISAN scheme has become a lifeline for many farmers across India. The regular financial support helps them manage input costs, invest in better farming techniques, and maintain a stable income. By providing direct cash transfers, the government ensures that the benefits reach the intended recipients without intermediaries.
Looking Ahead
As farmers await official confirmation of the 18th installment, the agricultural community remains hopeful. The consistent implementation of the PM-KISAN scheme demonstrates the government’s commitment to supporting India’s farming sector. However, farmers are advised to stay informed through official channels for accurate information regarding the next installment.
The PM-KISAN scheme continues to play a vital role in supporting India’s agricultural sector. With the potential release of the 18th installment in November 2024, farmers across the nation are looking forward to this timely financial boost. As the program evolves, it not only provides monetary assistance but also facilitates knowledge sharing and skill development through initiatives like the Krishi Sakhi program. These combined efforts aim to create a more resilient and productive agricultural landscape in India.
Also Read:
18 वीं किस्त की तारीख फिक्स; इस दिन आएंगे किसानों के खाते में 2000 रूपए 18th Installment Fix Date
