Prime Minister Modi Releases 15th Installment of PM KISAN Scheme: Over 8 Crore Farmers to Benefit from Rs. 18,000 Crore Installment

Introduction
PM KISAN Scheme: In a significant move for the agricultural sector, Prime Minister Narendra Modi released the 15th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, injecting Rs. 18,000 crore directly into the bank accounts of more than 8 crore farmers across India.
Overview of PM-KISAN Scheme
The PM-KISAN scheme, a flagship program of the Indian Government, provides essential financial assistance to eligible farmers. Under this scheme, an income support of Rs. 6,000 per year is disbursed in three equal installments to all landholding farmer families.
Release of Installment
The 15th installment signifies a substantial financial injection into the agricultural sector, aiming to alleviate the economic burdens faced by farmers. The direct transfer to the bank accounts of over 8 crore farmers emphasizes the government’s commitment to supporting the backbone of the nation.
Procedure to Check PM KISAN Status
To ensure transparency and accessibility, the article provides a step-by-step guide on checking one’s PM KISAN status through the official website. This empowers farmers to easily track the status of their financial assistance.
Benefits of PM-KISAN Scheme
Enumerating the advantages, the PM-KISAN scheme provides crucial financial assistance, aiding farmers in meeting their agricultural expenses. The scheme acts as a catalyst, encouraging agricultural production and ultimately enhancing the economic condition of farmers.
Success and Achievements
Since its inception in 2018, the PM KISAN scheme has witnessed remarkable success. Over 10 crore farmers have benefited, with over Rs. 2.62 lakh crore transferred in 14 installments. The scheme has not only met its objectives but has also significantly impacted agricultural production and rural poverty.
Key Achievements of PM KISAN Scheme
Delving deeper into the scheme’s achievements, the article highlights the substantial amount transferred to farmers’ accounts and its positive influence on agricultural production, rural poverty, and the overall economic condition of farmers.
Significance of PM-KISAN Scheme
The discussion emphasizes the scheme’s significance in the larger context of the welfare of farmers, portraying it as a testament to the Government of India’s unwavering commitment. The PM KISAN scheme emerges as a pivotal element in the ongoing efforts to improve the lives of farmers across the country.
Conclusion
In conclusion, the release of the 15th installment of the PM KISAN scheme marks another milestone in the government’s continuous efforts to uplift the agricultural community. The scheme’s impact on over 8 crore farmers and its role in improving the economic conditions of farmers cannot be understated.
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FAQs
- How often does the government release installments under the PM-KISAN scheme?The government releases installments under the PM-KISAN scheme annually, with farmers receiving financial assistance in three equal parts throughout the year.
- What is the significance of checking PM KISAN status, and how can farmers do it?Checking PM KISAN status is crucial for farmers to ensure transparency and stay informed about the disbursement of financial assistance. The process involves visiting the official PM KISAN website, entering the Aadhaar number or registration number, and clicking on ‘Get Details.’
- Apart from financial assistance, what other benefits does the PM-KISAN scheme offer to farmers?In addition to financial assistance, the PM-KISAN scheme supports farmers in meeting their agricultural expenses, encourages increased agricultural production, and contributes to the improvement of the economic condition of farmers.
- How has the PM-KISAN scheme impacted rural poverty?The PM-KISAN scheme has played a pivotal role in reducing rural poverty by improving the economic condition of farmers and providing them with the means to meet their expenses and invest in agricultural activities.
- What distinguishes the PM-KISAN scheme as a flagship program of the Government of India?The PM-KISAN scheme is considered a flagship program due to its scale and impact. It reflects the government’s commitment to the welfare of farmers by providing direct financial assistance, encouraging agricultural production, and addressing rural poverty.
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