PM-KISAN Scheme: 10th Installment and Latest Updates

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What is PM KISAN Yojana?

Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) Scheme is an initiative by Government of India in which 120 million small and marginal Indian farmers between the age of 18 and 40, owning less than 2 hectares of land will receive ₹6,000 per year as minimum income support. The scheme was announced by Piyush Goyal during the 2019 Interim Union Budget of India on 1 February 2019.

The scheme was officially launched by the Prime Minister on February 24, 2021. ₹6,000 per year will be paid to each eligible farmer in three installments. This amount will be deposited directly to their bank accounts that have been linked with their Aadhar Cards.

PM KISAN scheme

PM KISAN Scheme Overview

  1. This is a Centre scheme and is completely sponsored by the government.
  2. A total support of ₹6000 will be provided in three equal instalments of ₹2000 over the course of each year.
  3. The scheme clearly highlights who is eligible for its benefits and who is not.
  4. The State and UT administrations will play a central part in pinning down aforementioned beneficiaries.
  5. The money will be transferred directly to the beneficiary’s bank account linked to their Aadhar Card.
  6. The scheme came into function on December 1, 2018.
  7. At its inception, the scheme was launched with a budgetary allocation of ₹20,000 crore.

PM KISAN Scheme Highlights

Launched by  Piyush Goyal (Interim Finance Minister)
Announcement date  1st February
Target beneficiaries  Small and marginal farmers
Official portal  http://pmkisan.nic.in
First Instalment date  1/12/2018 to 31/3/2019
Scheme Purpose  To Provide Financial Support To Farmers
Scheme Type  Central Government Scheme
10th Instalment December 15, 2021

PM KISAN Objectives

  • To supplement the incomes of the small and marginal farmers.
  • Assistance in procuring raw materials and equipment for farming as required.
  • Checking the farmers’ dependence upon local moneylenders to meet short-term needs.

PM KISAN Eligibility

Who is eligible to apply to reap the benefits of this scheme?

  • Landholding farmers’ families with cultivable landholding to their name.
  • Farmers from urban and rural areas can apply.
  • Small and Marginal Farmers families (SMFs).

Categories excluded

  1. Former and present holders of constitutional posts.
  2. Former and present Ministers/ State Ministers and former/present Members of Lok Sabha/ /Rajya Sabha State Legislative Assemblies/ State Legislative Councils, former and present Mayors of Municipal Corporations, former and present Chairpersons of District Panchayats.
  3. All serving or retired officers and employees of Central/ State Government Ministries /Offices/Departments and its field units Central or State PSEs and Attached offices /Autonomous Institutions under Government as well as regular employees of the Local Bodies (Excluding Multi Tasking Staff /Class IV/Group D employees)
  4. All superannuated/retired pensioners whose monthly pension is ₹10,000/-or more (Excluding Multi Tasking Staff / Class IV/Group D employees) of the above category
  5. All Persons who paid Income Tax in the last assessment year
  6. Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects registered with Professional bodies and carrying out profession by undertaking practices.

[Retrieved from https://pmkisan.gov.in/. PM-Kisan Samman Nidhi. Accessed on November 23, 2021]

Documents Required

  1. Landholding papers including the size of the land
  2. Aadhaar card
  3. Bank account details
  4. ID Proof like Driving License or Voter ID
  5. Working mobile number
  6. Bank passbook
  7. Address proof
  8. Ration Card

What’s New?

As of November 2021, the government has made it mandatory for eligible farmers to also submit their Ration cards along with other relevant documents. Farmers who are unable to produce their Ration cards along with the remaining documents will not be able to draw benefit from this scheme. This has been done to curb fraudulent behaviour from ineligible claimants.

PM KISAN 10th Installment

The 10th payment installment of the scheme will be credited on December 15, 2021. 

PM KISAN Status Check

You can visit the official website and go to the “Farmers Corner” on the right hand side of the page. Here, you can check the beneficiary status, beneficiary list, download KCC form and more.

PM KISAN Thus Far

  • In the Fiscal Year 2021-22, the government of India allocated ₹1,31,531 crore for the Ministry of Agriculture and Farmers’ Welfare.
  • ₹65,000 crore was allocated in the FY 2021-22 for the scheme.
  • Between August and November 2021, a total of 10,85,64,718 payments were made

Other Schemes for Farmers and Rural Development

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ixamBee has a number of online courses that you can choose from depending upon your needs and the exam(s) you would like to take. Moreover, we also encourage you to look at some of the other government schemes listed for you in the following section as you prepare for your exams.

We wish you the very best! 

At ixamBee you can find a number of Online Courses, Free Mock Tests, GK updates in the form of BeePedia, as well as the latest updates for Bank PO, Bank Clerk, SSC, RBI, NABARD, and Other Government Jobs.

Also Read

Pradhan Mantri Matsya Sampada Yojana

Pradhan Mantri Vaya Vandana Yojana

Government Agricultural Schemes in India (Part 1)

Government schemes on women and child development

Latest Government schemes Part 1

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