
Sat Oct 05 05:07:58 UTC 2024: ## PM Kisan Yojana 18th Installment Released: Over 9.4 Crore Farmers Benefit From ₹20,000 Crore Transfer
**New Delhi, October 5, 2024:** Prime Minister Narendra Modi today released the 18th installment of the PM Kisan Samman Nidhi Yojana (PM-Kisan) in a ceremony held in Washim, Maharashtra. Over 9.4 crore farmer beneficiaries across the country received ₹2,000 each, totaling a massive transfer of ₹20,000 crore.
The Prime Minister began the day by offering prayers at the Jagdamba Mata temple in Pohradevi, Washim, followed by paying respects at the samadhis of Sant Sewalal Maharaj and Sant Ramrao Maharaj.
This installment marks the 18th disbursement under the PM-Kisan scheme, which was launched on December 1, 2018, with the aim of providing financial assistance to landholding farmer families across the country. The scheme provides ₹6,000 annually to eligible farmers in three installments of ₹2,000 each.
The PM-Kisan scheme has been instrumental in bolstering the agricultural sector and supporting the incomes of millions of farmers nationwide.
**Key Highlights:**
* **Direct Benefit Transfer (DBT):** The money is directly transferred to the bank accounts of eligible farmers through DBT.
* **E-KYC and Land Verification:** Beneficiaries are required to complete e-KYC and land verification to receive the benefits.
* **Eligibility Criteria:** Farmers with less than 2 hectares of land are eligible for the scheme.
* **Beneficiary Status:** The beneficiary status can be checked on the PM-Kisan official website (pmkisan.gov.in).
* **Helpline:** For any queries or assistance, farmers can contact the PM-Kisan helpline number 155261 or toll-free number 1800115526.
The 18th installment of PM-Kisan is a testament to the government’s continued commitment to the welfare of Indian farmers, ensuring their financial security and empowering them to contribute towards the nation’s agricultural progress.