PM Kisan Yojana: Installment Amount Rs 6000 Increases To Rs 8000 – Know Details

By WEB DESK Last updated Jan 28, 2023

The central government is planning to release the 13th instalment of the PM Kisan Samman Nidhi Yojana soon. All land-owning farmer families are eligible for the income support under this programme, which distributes Rs 6,000 annually in three equal instalments and directly deposits the whole sum into the accounts of the beneficiaries.

In this regard, there is some good news for the farmers who would benefit from the upcoming budget 2023. In the budget, the central government might this time give the farmers a sizable gift. According to a reports by Zee Business, Finance Minister Nirmala Sitharaman is expected to increase the PM Kisan Samman Nidhi scheme’s monthly instalment amount for farmers.

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The installment amount of Rs 6,000 is likely to be increased to Rs 8,000 and the amount given to the farmers is likely to be divided into 4 installments of Rs 2,000 each. Currently, the installment amount is released in every 4 months.

PM Kisan scheme’s thirteenth instalment is likely to release in the month of February The actual date has not yet been revealed.

PM Modi will soon transfer the 13th payment (PM Kisan 13th Installment) to the farmers’ accounts after the 13th instalment date is made public. 13 crore farming families will receive financial assistance this time. However, only those farmers who fulfill the rules of e-KYC and other criteria will get the money.