Unlock the PM Kisan 16th instalment details, eligibility, and eKYC process for direct financial support to farmers. Check your status online now.

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The PM Kisan Samman Nidhi Yojana, a beacon of support for India’s agrarian community, is set to release its 16th Installment on February 28, 2024.

Spearheaded by Prime Minister Narendra Modi, this initiative underscores the government’s commitment to bolster the economic condition of the country’s farmers.

This blog post delves into the upcoming Instalment’s key details, the beneficiaries’ eligibility criteria, and the steps required to ensure a smooth fund transfer.

PM Kisan Samman Nidhi Yojana

At its core, PM Kisan is a central scheme designed to provide income support to farmers across India.

Eligible farmers receive ₹6000 annually, distributed in three equal instalments.

This financial assistance is directly transferred to the farmers’ bank accounts, ensuring transparency and reducing the potential for fraud.

Key Details – 16th Installment

Release Date: Prime Minister Narendra Modi will release the 16th Installment on Wednesday, February 28, 2024.
Annual Support: Each eligible farmer receives ₹6000 per year to ease the financial burden and enhance their livelihood.
Direct Bank Transfer: Funds are directly transferred to the beneficiaries’ bank accounts, promoting efficiency and integrity in the distribution process.

Eligibility Criteria

To benefit from the PM Kisan scheme, individuals must meet specific criteria:

Land Ownership: The scheme is exclusively available for farmers who own cultivable land.
Non-Taxpayers: Individuals who are taxpayers are not eligible to participate in this program.

Important for the 16th Installment

Mandatory eKYC: For the 16th Installment, farmers must complete their eKYC and link their Aadhaar with their bank accounts. This is a crucial step to ensure the funds reach the rightful recipients without intermediaries.

How to Complete eKYC

The Ministry of Agriculture and Farmers Welfare has introduced a mobile application to streamline the eKYC process for farmers.

This app offers facial authentication-based eKYC, making it more accessible for farmers to verify their identities.

Remarkably, a farmer can assist up to 100 other farmers in completing their eKYC using this app.

Steps to Check PM Kisan 16th Installment Status

Visit the official website: https://pmkisan.gov.in/
Click on the status link.
Enter your mobile number or registration ID.
Fill in the code displayed on the screen and other relevant details.
Select the ‘Get Data’ tab to view your instalment status.

Previous Installments at a Glance

To put things into perspective, the government released the 15th Installment on November 15, 2023, benefiting over eight crore farmers with a total disbursement exceeding ₹18,000 crore.

This act of financial support plays a pivotal role in empowering the agricultural community.

PM Kisan Samman Nidhi Yojana 16th Installment

Attribute	Detail
Installment Number	16th
Release Date	February 28, 2024
Annual Financial Support	₹6000
Payment Method	Direct Bank Transfer
Eligibility	Farmers who own cultivable land and are not taxpayers
eKYC Requirement	Mandatory; must be completed and linked with Aadhaar
Application Assistance	Mobile application with facial authentication-based eKYC; can assist up to 100 other farmers
Previous Installment Release	November 15, 2023
Previous Installment Amount	Over ₹18,000 crore
Number of Beneficiaries	More than eight crore farmers
How to Check Status	Visit pmkisan.gov.in, click on status link, enter mobile number or registration ID, and select ‘Get Data’ tab

Conclusion

The PM Kisan Samman Nidhi Yojana is a testament to the government’s dedication to enhancing the welfare of India’s farmers.

By adhering to the outlined eligibility criteria and completing the necessary eKYC process, farmers can seamlessly access the financial benefits designed to uplift their economic standing.

As we approach the release date of the 16th Installment, let us acknowledge the scheme’s significant impact on the agricultural sector, ensuring the prosperity and well-being of countless families nationwide.