Fri Oct 04 18:49:47 UTC 2024: ## PM-KISAN 18th Installment: Over 9.4 Crore Farmers to Receive ₹2,000 Each on October 5th
**New Delhi, October 4, 2024:** The 18th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme will be released on Saturday, October 5th, 2024, benefiting over 9.4 crore farmers with a direct payment of ₹2,000 each. The government will spend over ₹20,000 crore for this installment, marking a significant increase from the previous installment in June 2024, which reached 9.25 crore farmers. This signifies an addition of approximately 25 lakh new beneficiaries.
Prime Minister Narendra Modi will transfer the funds to the beneficiary farmers’ bank accounts from Washim, Maharashtra. This scheme, designed for small and marginal farmers owning up to 2 hectares of land, provides an annual financial support of ₹6,000, disbursed in three equal installments of ₹2,000 each.
The PM-KISAN scheme is considered one of the largest direct benefit schemes globally, aimed at empowering small farmers and contributing to their financial stability.
**Key Highlights:**
* **Date of Payment:** October 5th, 2024
* **Amount:** ₹2,000 per beneficiary
* **Number of Beneficiaries:** Over 9.4 crore farmers
* **Total Amount Disbursed:** Over ₹20,000 crore
Farmers can check their eligibility and beneficiary status through the official PM-KISAN website and mobile app. It is crucial for beneficiaries to complete their eKYC process to continue receiving benefits.
**To check PM Kisan Beneficiary Status, visit:** [Direct Link to Website]
**[Add a brief statement about the importance of the scheme for farmers and the Indian economy]**
First Piper 