PM-Kisan 18th Instalment 2024: The Prime Minister Kisan Samman Nidhi Yojana is one of the world’s largest direct benefit transfer (DBT) schemes. Since its inception, the program has disbursed over Rs 3.25 lakh crore to more than 11 crore beneficiary farmers across 17 instalments. This initiative provides crucial financial support to eligible farmers, offering Rs 6,000 annually to help sustain their agricultural activities.
Anticipated 18th Instalment
Farmers across India are eagerly awaiting the 18th instalment of the PM Kisan scheme. According to recent updates, this instalment is expected to be released in October 2024. This news brings hope to millions of farmers who rely on this financial assistance for their agricultural needs.
Mandatory e-KYC Requirement
\It’s crucial for farmers to note that receiving the 18th instalment is contingent upon completing the e-KYC (electronic Know Your Customer) process. The government has made e-KYC mandatory to ensure that the benefits reach the rightful beneficiaries and to prevent any misuse of funds. Farmers who have not completed their e-KYC will not be eligible to receive the instalment amount.
Methods to Complete e-KYC
To assist farmers in completing their e-KYC, the government has provided three convenient methods:
1. OTP Aadhaar eKYC: This can be done through the PM Kisan Portal or at Common Service Centers (CSCs).
2. Biometric Aadhaar: Farmers can visit CSCs or State Seva Kendras (SSKs) to complete this process.
3. Face Authentication: This method is available through the PM Kisan mobile app.
Importance of Timely e-KYC Completion
The authorities strongly urge all farmers who have applied for the 18th instalment to complete their e-KYC as soon as possible. Delaying or neglecting this crucial step could result in the forfeiture of benefits under the scheme. The e-KYC process not only ensures the security of the fund transfer but also helps in maintaining the integrity of the program.
Impact and Reach of the Scheme
The PM Kisan Samman Nidhi Yojana has been instrumental in empowering farmers across the country. By providing direct financial support, the scheme helps farmers meet their agricultural needs, invest in better farming practices, and improve their overall economic condition. The wide reach of the program, covering over 11 crore farmers, underscores its significance in India’s agricultural sector.
As the 18th instalment of the PM Kisan scheme approaches, it’s vital for all eligible farmers to ensure their e-KYC is completed. This simple yet crucial step will guarantee the timely receipt of financial benefits, contributing to the empowerment of India’s farming community. For more detailed information about the scheme and the e-KYC process, farmers are encouraged to visit the official website at http://pmkisan.gov.in.
