homefinance NewsUpdate, correct, repeat: States fix errors ahead of PM Kisan’s 13th installment as Rs 2 crore missed last payout

Update, correct, repeat: States fix errors ahead of PM-Kisan’s 13th installment as Rs 2 crore missed last payout

PM Kisan is a central sector scheme that provides income support to all landholding farmers' families in the country to supplement their financial needs for procuring various inputs related to agriculture and allied activities as well as domestic needs.

By News18.com  Jan 16, 2023 12:31:44 PM IST (Published)

4 Min Read

After nearly two crore farmers across the country missed out on their last PM-Kisan Samman Nidhi installment of Rs 2,000 leading to a low payout under the scheme, which had started four years ago, state governments are now working overtime to ensure farmer records are updated in central databases ahead of the next installment due this February.
The Centre had paid Rs 22,552 crore to 10.45 crore farmers as the 11th installment of PM Kisan Nidhi on May 31 last year, the highest payout till date. But this dropped in a big way to just Rs 17,443 crore to 8.42 crore farmers as the 12th installment on October 17 last year.
A major reason for this was the land and beneficiary records of farmers not being updated in central databases, a requirement made mandatory by the Centre for the sake of transparency and reducing frauds.