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PM Kisan: Good news for the beneficiaries! Installment money can be double, you will get 12000 rupees annually,Know how

The Modi government at the Center is contemplating to double the amount of PM Kisan. If this happens, farmers can get Rs 12000 instead of Rs 6000 every year.




New Delhi: There is good news for the registered farmers under PM Kisan Samman Nidhi Yojana. Actually, the central government can double the amount given to farmers every year. Yes, according to media reports, the central government is going to give Rs 12,000 to the farmers before Diwali. It is worth noting that at present, farmers are given financial assistance of Rs 6000 annually, the next installment of which is going to be transferred to the farmers’ account very soon.

If the news is to be believed, then the Modi government at the Center is contemplating to double the amount of PM Kisan. If this happens, farmers can get Rs 12000 instead of Rs 6000 every year. This amount will be paid in three installments.

Why the speculation of doubling the amount started

In fact, Bihar’s Agriculture Minister Amarendra Pratap Singh had met Union Agriculture Minister Narendra Singh Tomar and Finance Minister Nirmala Sitharaman a few days ago in Delhi. After the meeting, he had said that the central government is preparing to double the amount of PM Kisan and it can be announced soon. Speculations have been rife since then.

When will the 10th installment come

Let us tell you that so far 9 installments have been released under PM Kisan Yojana. At the same time, the next ie 10th installment is also going to be released. According to the information, the Central Government can send the next installment of 2000 rupees to the farmers’ account anytime in December 2021.

Installment gets stuck due to these reasons

Many times, despite transferring money from the government to the account, it does not reach the farmers’ account. The biggest reason for this is the mistakes in your Aadhaar number and bank account details. Apart from this, if the spelling of your bank account name and the name entered on the Aadhar card is not matching or if the wrong IFSC code is entered, then your upcoming installments may also get stuck.

What is PM Kisan Samman Nidhi?

Under PM Kisan Samman Nidhi, farmers are given Rs 6000 every year by the central government for farming. This scheme has been started by the central government to make farmers debt free. The government gives Rs 6,000 in 3 installments in a year. Under which one installment is sent in the account of farmers in 4 months. The first installment is sent between 1 April to 31 July, the second installment from 1 August to 30 November and the third installment from 1 December to 31 March. 2000 rupees are given in every installment.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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