Business News
1 min read | Updated on February 28, 2024, 13:01 IST
SUMMARY
PM Kisan scheme is only available for farmers who own cultivable land. Taxpayers are not eligible under the program.
PM Kisan gives farmers an income support
Prime Minister Narendra Modi will release the 16th instalment of PM Kisan Samman Nidhi Yojana (PM Kisan) on Wednesday, 28th February, 2024.
Under the scheme, all landholding farmers' families are provided income support of ₹6,000 annually, payable in three equal instalments of ₹2,000, every four months.
For the 16th instalment release, eKYC is mandatory for farmers. They should also link their Aadhaar with bank accounts to ensure direct transfer of benefits to genuine beneficiaries.
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