The Union government will disburse the next instalment of PM-KISAN, its cash transfer scheme for farmers, on 9 August.
About
Under the PM-KISAN scheme, the government is providing ₹6,000 in three equal installments to 14 crore farmers annually.
The amount is directly transferred into the bank accounts of the beneficiaries through direct benefit transfer (DBT) mode.
An amount of over ₹15 lakh crore has been transferred to farmer beneficiaries so far under the PM-KISAN scheme, launched on February 24, 2019.
The scheme defines family as husband, wife and minor children. The fund of Rs 2,000 is directly transferred to the bank accounts of the farmers/farmer's family.
Who is eligible for PM Kisan scheme?
Landholding farmers’ families with cultivable landholding in their names can apply under this scheme
Farmers from both the urban and rural areas
Small and marginal farmers families
Who is not eligible for PM Kisan scheme?
Institutional landholders
Present or retired officers and employees of state/central government as well as PSUs and government autonomous bodies.
Beneficiaries with higher economic status are not eligible.
Those who pay income tax
Farmer families holding constitutional posts
Professionals like doctors, engineers and lawyers
Retired pensioners with a monthly pension of over Rs 10,000