PM Kisan Yojana: These farmers are in for a treat, now they will receive Rs. 4,000 in their accounts instead of Rs. 2,000..
There's good news for millions of farmers waiting for the 22nd installment of the PM Kisan Yojana. Some farmers are going to benefit from the upcoming installment. Instead of receiving ₹2,000, they will receive ₹4,000 in their accounts. So far, 21 installments of this scheme have been released. Millions of farmers have directly benefited from it, receiving ₹2,000 in their accounts with each installment.
Many farmers might be wondering whether all farmers will receive ₹4,000 in the 22nd installment of the PM Kisan Yojana, or if only a select few will receive this amount. Let's find out.
These farmers will receive ₹4,000 in their accounts.
The central government sends three installments annually. ₹2,000 is credited in each installment. The budget allocated to the PM Kisan Yojana determines the amount of each installment. Since the launch of this scheme, the amount has not been increased. Farmers are therefore keeping a close eye on the budget to be presented on February 1st. If the budget for the PM Kisan Yojana is increased, farmers will directly benefit.
Regarding the ₹4,000 amount, only those farmers whose 21st installment was withheld due to some technical reasons will receive ₹4,000 in the 22nd installment. If your 21st installment was not received, you will also benefit from this.
Due to various reasons, the installation of thousands of farmers is withheld in each cycle. In such cases, the government sends the pending amount along with the next installment.
These farmers will not receive the 22nd installment of the PM Kisan Yojana
The government has already clarified that if a farmer does not fulfill the necessary conditions under the scheme, their installment may be withheld. For example, not completing e-KYC, or not linking their Aadhaar card to their bank account.
Incomplete e-KYC - Farmers who have not yet completed their e-KYC will not receive the benefit of the 22nd installment. The government has made e-KYC mandatory. If your e-KYC is incomplete, the 22nd installment will not be credited to your account.
Aadhaar not linked to bank account - PM Kisan Yojana funds are transferred directly to bank accounts through DBT (Direct Benefit Transfer). If your bank account is not linked to Aadhaar, or if the DBT service is not enabled, the 22nd installment will not be transferred.
Errors in bank details - Farmers often enter incorrect account numbers, IFSC codes, or bank names. This can also cause the installment to be withheld. Therefore, be sure to check your bank details regularly.
When will the 22nd installment of the PM Kisan Yojana be released?
Each installment of the PM Kisan Yojana is released at an interval of approximately four months. Based on the payment pattern, the next installment (PM Kisan Yojana 22nd Installment) is likely to be released in February. However, there has been no official confirmation yet. This means farmers might receive a gift after the budget announcement.
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