Prime Minister Narendra Modi will release the 17th installment of PM Kisan Samman Nidhi on June 18. PM Modi will transfer installments of Rs 2,000 each to 9.3 crore farmers of the country from his parliamentary constituency Varanasi. In this, Rs 20 thousand crore will be transferred to the accounts of farmers. Earlier, the 16th installment of PM Kisan Samman Nidhi Yojana was released on 28 February. In this, more than Rs 21 thousand crore was transferred to the farmers. Under this scheme, the government transfers Rs 6000 in three installments of Rs 2,000 each to the accounts of farmers every year. Farmers get Rs 6 thousand every year Under this scheme, three installments of Rs 2,000 each, in a year (total Rs 6000), are given to small and marginal farmers. Under the scheme, the first installment is released between April-July, the second installment between August-November and the third installment between December-March. This scheme was started in 2019 to provide financial assistance to farmers. Eligible beneficiaries of the scheme can also register themselves through the Common Service Center (CSC). Apart from this, local Patwari, Revenue Officer and Nodal Officer nominated by the State Government for the scheme are registering the farmers. All farmers get benefit in PM Kisan Yojana Initially, when PM-Kisan Yojana was started (February 2019), its benefit was only for the families of small and marginal farmers. It included those farmers who had combined land holding up to 2 hectares. In June 2019, the scheme was revised and extended to all farmer families. However, some farmers are still excluded from this scheme. Those excluded from PM Kisan include institutional land holders, farmer families holding constitutional posts, serving or retired officers and employees of the state or central government. It also includes officers and employees of public sector undertakings and government autonomous bodies. Apart from these, professionals like doctors, engineers and lawyers, along with retired pensioners having monthly pension of more than Rs 10,000 and those who have paid income tax in the previous assessment year, have also been excluded from this scheme.
