PM-KISAN 18th Installment: Rs 20,000 Crore Released to 9.4 Crore Farmers with Mandatory eKYC

Key Highlights

• Rs 20,000 crore disbursed to 9.4 crore farmers.
• The direct benefit transfer (DBT) method was used.
• The event was held in Washim, Maharashtra.
• Total scheme disbursement exceeds Rs 3.45 lakh crore.
• Farmers must complete e-KYC to continue receiving benefits.

Prime Minister Narendra Modi disbursed the 18th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme. This significant event took place in Washim, Maharashtra, where over Rs 20,000 crore was transferred directly to more than 9.4 crore farmers across India through the Direct Benefit Transfer (DBT) system.

The ceremony saw the presence of notable leaders such as Union Agriculture Minister Shivraj Singh Chouhan, Maharashtra Chief Minister Eknath Shinde, and Deputy Chief Minister Devendra Fadnavis. This financial boost aims to support farmers across the nation by easing their agricultural expenses.

Also Read: PM-KISAN: Financial Support, Eligibility, e-KYC & Application Process

PM-KISAN: Supporting Farmers Since 2019

Launched on February 24, 2019, the PM-KISAN scheme provides financial support of Rs 6,000 annually to landholding farmers. This amount is distributed in three equal installments throughout the year. With the release of the 18th installment, the total amount disbursed under the scheme has crossed Rs 3.45 lakh crore, benefiting more than 11 crore farmers across the country.

In Maharashtra, approximately 91.51 lakh farmers will receive over Rs 1,900 crore as part of this installment, which is expected to contribute significantly to the state’s growth of agriculture.

How to Receive PM-KISAN Installments: Complete PM-KISAN e-KYC

To continue receiving the PM-KISAN installments, farmers must ensure that their e-KYC (Know Your Customer) details are updated. The process can be done easily online or by visiting the nearest Common Service Centre (CSC) for biometric verification.

Here’s a simple guide for farmers to complete their e-KYC:

Step-by-Step Guide for PM-KISAN e-KYC Process:

1. Visit the Official Website: Go to the official PM Kisan website at https://pmkisan.gov.in/.
2. Locate the Farmers Corner: On the homepage, find the ‘Farmers Corner’ section on the right-hand side.
3. Click on e-KYC: In the Farmers Corner box, click on the ‘e-KYC’ option.
4. Access Aadhar e-KYC: Enter your Aadhar number and the Captcha code displayed, then click on the search button.
5. Verify with OTP: Enter your mobile number linked to your Aadhar card, and click on "Get OTP".
6. Submit OTP: Enter the OTP sent to your registered mobile number.
7. Complete Authentication: Click ‘Submit for Authentication’ to complete your PM-KISAN e-KYC process successfully.

Completing this process ensures that farmers continue receiving the benefits of the PM-KISAN scheme without any interruptions.

Also Read: Retail Tractor Sales Report for September 2024: Growth of 14.65% in Sales

CMV360 Says

The 18th installment of PM-KISAN provides vital financial support to over 9.4 crore farmers across India, further strengthening the nation's agricultural sector. Farmers must complete their e-KYC to continue receiving benefits, ensuring a smooth transfer of funds and ongoing assistance for their farming needs.