homepersonal finance NewsPM KISAN scheme: When will Centre release 16th instalment, how to apply and more

PM-KISAN scheme: When will Centre release 16th instalment, how to apply and more

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.

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By Anshul  Nov 24, 2023 4:26:03 PM IST (Published)

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PM-KISAN scheme: When will Centre release 16th instalment, how to apply and more
The government is likely to release the 16th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana (Scheme) between February 2024 and march 2024. However, there is no official announcement by the government regarding this. The government released the 15th instalment of the scheme on November 15, 2023.

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Under the PM-KISAN scheme, all landholding farmers' families are provided the financial benefit of ₹6,000 per annum, payable in three equal instalments of ₹2,000.

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. Under the scheme, the entire financial liability towards transfer of benefit to targeted beneficiaries is borne by the government.
All landholding farmers' families, which have cultivable landholding in their names are eligible to get benefit under the scheme.
Here are the steps to apply for 16th instalment online:
Step 1:
Visit pmkisan.gov.in official website and go to farmer’s corner
Step 2: Click on New Farmer Registration and enter Aadhar number and fill captcha
Step 3: Now enter details and click on 'Yes'
Step 4: Fill the information asked in the PM Kisan application form 2023, save it and take a print out for future reference
Eligible farmers can check the status with these steps:
Step 1: Visit pmkisan.gov.in
Step 2: Select the option ‘Beneficiary Status’ under the ‘Farmers Corner’ section on the home page
Step 3: Enter the registered Aadhaar number or bank account number.
Step 4: Click on ‘Get Data’
Step 5: The status of the instalment will be displayed
Prime Minister Narendra Modi disbursed the 15th instalment of the scheme worth over ₹18,000 crore to more than 80 million farmers. The initiative has already disbursed over ₹2.62 lakh crore across 14 instalments into farmers' accounts.
Last month, it was reported that the Central government has initiated an expansive saturation campaign in response to farmer grievances registered under the PM-KISAN initiative. However, sources caution that the scheme may never achieve a 100% saturation level of landowners because of various exclusion criteria defined in the operational guidelines, according to a CNBC-TV18 report.

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