While thousands of farmers wait, the central government plans to soon release the 13th installment of the PM Kisan Samman Nidhi Yojana. In 2019, the PM Kisan Samman Nidhi Yojana, a central sector program designed to provide financial assistance to India’s farmers, was launched by the government.
The government provides small and marginal farmers with up to 2 hectares of cultivable land with a Rs 6,000 annual financial aid through this program. For financial aid, three Rs 2,000 payments are made in one lump sum.
Plan for the budget in 2023:
In this regard, the farmers who stand to gain from the upcoming budget for 2023 have some good news. This time, the central government may provide farmers with a substantial gift in the budget for 2023. The PM Kisan Samman Nidhi scheme’s monthly installment amount for farmers is expected to be increased, according to a Zee Business report.
The initial payment of Rs 6,000 is anticipated to be increased to Rs 8,000, and the funds given to farmers are likely to be divided into four payments of Rs 2,000 each. Currently, the installment amount is paid out every four months.
The 13th installment of the PM Kisan Samman Nidhi Yojana (Pradhan Mantri Kisan Samman Nidhi) will soon receive their next payment of Rs 2,000. Although no notice has been issued by the government, it was anticipated that the installment would be made available on January 23. By searching for their names on the PM Kisan Portal, farmers who are eligible for the installment can confirm their eligibility.
