New Delhi: The PM Kisan Samman Nidhi Yojana, initiated by the Central Government to support farmers financially, has been a vital scheme for increasing farmers’ income. Since its inception, the scheme has disbursed 17 installments, and now, farmers across India eagerly await the 18th installment of the PM Kisan Yojana.
This government initiative provides financial assistance to small and marginal farmers, with the central government directly transferring funds to eligible beneficiaries. Under the scheme, farmers receive ₹6,000 annually in three equal installments of ₹2,000 each. But a common question arises: Between a husband and wife, who is eligible to receive the benefits?
PM Kisan 18th Installment Date
| Details | Information |
| Scheme Name | PM Kisan Samman Nidhi Yojana |
| Annual Benefit | ₹6,000 (in three installments of ₹2,000 each) |
| Who Receives the Benefit | Either the husband or wife (whomever has the agricultural land registered) |
| Installments per Year | 3 (every 4 months) |
| Next Installment | 18th installment expected in October 2024 |
| Last Installment Date | 17th installment was credited in June 2024 |
| Land Verification | Mandatory for beneficiaries to verify agricultural land ownership |
| Expected Payout Time | October or November 2024, likely before Diwali (31st October 2024) |
| Total Disbursements So Far | 17 installments |
| Government Status | Awaiting official confirmation for the 18th installment release |
Who Is Eligible to Receive PM Kisan Yojana Benefits?
According to the guidelines, only one member of a family is eligible to receive the benefits of the PM Kisan scheme. In other words, either the husband or the wife will be entitled to the ₹6,000 yearly assistance, but not both. The beneficiary must be the one whose name is registered on the agricultural land records. Verification of land ownership is a crucial requirement for availing the scheme’s benefits.
18th Installment Expected in October 2024
The much-awaited 18th installment of the PM Kisan Yojana is likely to be credited into farmers’ bank accounts by October 2024. The previous 17th installment was disbursed in June 2024, and according to the scheme’s schedule, the next payment is expected around October or November. Since the festive season of Diwali falls on 31st October 2024, there is speculation that the government may release the funds before Diwali.
However, as of now, no official confirmation has been made by the government regarding the exact date of the release of the 18th installment.
Highlights of PM Kisan Yojana:
- Annual Benefit: Farmers receive ₹6,000 annually, credited in three equal installments of ₹2,000 each.
- Who Gets the Benefit: Only one member of a family, either the husband or wife, can avail the scheme.
- Land Verification: Beneficiaries must undergo land verification to receive payments.
- 18th Installment: Expected in October 2024, ahead of Diwali.
Stay updated with the latest developments about the PM Kisan scheme and the upcoming 18th installment.
