Prime Minister Narendra Modi launched the PM Kisan Samman Nidhi Yojana, commonly known as PM Kisan scheme, on February 24, 2019. Under the scheme, the Central government offers land-owning farmers in India a monetary support of Rs 6,000 yearly. This PM Kisan benefit is extended to only eligible farmers in India.
See also: PM Kisan credit card: How to apply and check status?
PM Kisan benefit
Through direct benefit transfer, the government sends Rs 6,000 as PM Kisan benefit into the account of every registered farmer. However, the PM Kisan benefit is not offered in one go, but through three equal instalments of Rs 2,000 throughout the year.
The government disbursed over Rs 20,000 crore to more than 9.26 crore farmers under its flagship PM Kisan Samman Nidhi Yojana (PM Kisan) on June 18, 2024. This was 17th instalment that the government had released under the PM Kisan scheme.
When do farmers get the amount under the PM Kisan benefit?
Each instalment amount under the PM Kisan benefit is released every four months into the bank accounts of farmers across the country through direct benefit transfer.
The first instalment is released between April and July every year. The second is distributed between August and November. The third instalment is released between December and March.
PM Kisan instalment release dates
| PM Kisan 1st instalment | February 2019 |
| PM Kisan 2nd instalment | April 2019 |
| PM Kisan 3rd instalment | August 2019 |
| PM Kisan 4th instalment | January 2020 |
| PM Kisan 5th instalment | April 2020 |
| PM Kisan 6th instalment | August 2020 |
| PM Kisan 7th instalment | December 2020 |
| PM Kisan 8th instalment | May 2021 |
| PM Kisan 9th instalment | August 2021 |
| PM Kisan 10th instalment | January 2022 |
| PM Kisan 11th instalment | May 2022 |
| PM Kisan 12th instalment | October 2022 |
| PM Kisan 13th instalment
PM Kisan 14th instalment PM Kisan 15th instalment PM Kisan 16th instalment PM Kisan 17th instalment |
February 24, 2023
July 27, 2023 November 15, 2023 February 28, 2024 June 18, 2024 |
FAQs
What is PM Kisan benefit amount?
Under the scheme, an amount of Rs 6,000 per year is transferred into the bank accounts of farmers through direct benefit transfer.
Who all are eligible for PM Kisan benefit?
The scheme was initially meant for small and marginal farmers with landholding of up to two hectare. However, it was later extended to cover all landholding farmers with effect from June 1, 2019.
How to check PM-KISAN balance?
You can check PM-Kisan balance on the PM Kisan website under the Farmer's Corner section.
Where was the 17th instalment of PM Kisan released?
The 17th instalment of PM Kisan was released on June 10 by PM Modi in Varanasi.
How is the PM Kisan benefit released?
Every four months, benefits of Rs 6,000 per year is released in three equal installments. These are transferred through the country through Direct Benefit Transfer (DBT) mode.
(Additional Inputs: Anuradha Ramamirtham)
