PM-KISAN 18th Installment Released on October 5, 2024: Since its inception, the PM Kisan scheme has been a game changer. The government will be releasing the 18th installment of the scheme on October 5, 2024, which will provide much-needed financial aid to millions of eligible farmers. In the following article, the importance scheme, the benefits it has held for the farmers, and the process involved in eligibility checking and eKYC are discussed to achieve hassle-free payments of these amounts.
This scheme goes to the core and deals with income support to all farmers whose landholdings are up to 2 hectares. This scheme provides ₹6,000 to such eligible farmers in three installments in advance of ₹2,000 each. This assistance is credited directly into the bank accounts to eliminate delays in the disbursal of such assistance and ensure credit transparency in disbursing this assistance.
The latest, 18th installment of PM-KISAN will now be released on October 5, 2024, and will ensure a continuous flow of money into the wallet of farmers. The last installment was given by Prime Minister Narendra Modi to the recipients on June 18, 2024.
Not all the farmers are included in this scheme. The scheme’s benefit is directed towards small and marginal farmers who operate up to 2 hectares of agricultural land only. Through the criterion of owning land, the most vulnerable sections of the farming community are given the benefit of the scheme. The land records must be updated regularly to avoid any discrepancies.
Beneficiary List Check: Now, visit the beneficiary list page
Select your region.
Get Report: Click on “Get Report” to search whether your name appears in the list or not.
This list is alternatively available at local Panchayat offices for transparency in toto.
How to Satisfy eKYC for Payments under PM-KISAN?
For the uninterrupted benefit of PM-KISAN, an eKYC of a farmer has to be satisfied. Only after the fulfillment of eKYC can a farmer be prevented from fraud and the funds may reach the actual recipients. The process of eKYC would have been undertaken using any one of the below methods:
OTP-based eKYC can be fulfilled on the PM-KISAN portal and mobile app.
Biometric eKYC is available at The nearest Common Service Centres.
Face Authentication-based eKYC- is available in the PM-KISAN Mobile App.
It is imperative to complete eKYC, and delay in payment will disturb the payment and might miss any future installments.
PM-KISAN now stands to be a huge monetary aid to small and marginal farmers in the entire country. Being the backbone of the Indian economy, the agricultural sector has frequently witnessed fluctuating market prices, natural calamities, and poor infrastructure in place. In this regard, schemes for income support from the government to farmers are of prime importance to attain economic stability for the farmers.
Immediate Funded Support: ₹6,000 annually translated to the farmers, directly helping fulfill some part of their agriculture-related expenditure and household needs.
No middlemen: This ensures that nothing short of full reach is possible here; on the contrary, money will be transferred directly into the bank account of the farmers, blocking all avenues of corruption and delay.
Boosting Rural Economy: Funds delivered under the PM-KISAN scheme help boost the rural economy by increasing farmers’ purchasing power.
Timely Support: The installment is released at regular times, which makes the farmer get the amount at the right time when he/she needs it.
Necessary Documents to Make Entry: The farmer shall make an entry through the UID number, bank account number, or mobile number.
Status: After submission of the details, the status of the installment will be displayed on the screen.
Steps to Get Continuous Benefits under PM-KISAN
Farmers must follow the following steps to receive continuous benefits of getting the benefit of PM-KISAN.
Regularly update eKYC.
Updation of Land Records: Land records of the farmers should be correct and regularly updated. Disparity in any of the details of land ownership will lead to disqualification from the scheme.
The account of the beneficiary is to be linked with their Aadhaar number and must be active.
The PM-KISAN scheme remains one of the crucial financial sources for India’s small and marginal farmers through its 18th installment in 2024. The scheme is handy for the six million farmers with instant help and further financial security. To avail of smooth distribution of the fund, farmers are advised to keep a check on themselves regarding eligibility, update eKYC, and be incorrect land records.
This program has managed to strengthen the backbone of the Indian agricultural economy and ensures that rural communities can survive by offering a lifeline to the farmers.
