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2 min read | Updated on February 28, 2024, 18:26 IST
SUMMARY
Eligible farmers have received financial assistance of ₹2000, constituting a portion of the total annual support of ₹6,000, distributed every four months.
eKYC is mandatory to receive benefits of the PM Kisan yojana
The 16th instalment of PM Kisan Samman Nidhi Yojana (PM Kisan) was released by the central government to beneficiary farmers on Wednesday, 28th February, 2024. ₹21,000 crore has been disbursed to the bank accounts of more than nine crore beneficiary farmers.
Eligible farmers have received financial assistance of ₹2000, constituting a portion of the total annual support of ₹6,000, distributed every four months.
"The responsibility of identifying the eligible farmers' families for benefit under the scheme lies entirely with the state/UT governments. The prevailing land-ownership system/record of land in different States/Union Territories will be used to identify the intended beneficiaries for transfer of scheme benefits," the government said.
The eligibility is restricted to farmers with cultivable land. Taxpayers, institutional landholders, former or serving government employees are not eligible to get benefits under the scheme.
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