PM Kisan 20th Installment: Prime Minister Narendra Modi can announce the 20th installment of the PM-Kisan scheme in Motihari tour of Bihar on 18 July. Under this scheme, the next installment of ₹ 2,000 will be sent directly to the eligible farmers. However, farmers who have not met the government’s rules can be deprived of the benefits of the 20th installment. Know what is necessary for farmers to take care of what to get the benefit of 20th installment.
What is PM-Kisan scheme?
When can the 20th installment come?
Who will get money?
Why is E-KYC important?
Is the bank detail update or not?
What are the necessary documents?
How many farmers will benefit?
Are the work related to the scheme still pending?
What is PM-Kisan scheme?
This is the central government scheme in which ₹ 6,000 is given to the eligible farmers in three installments annually. This money comes directly into account through direct benefit transfer (DBT). So far, more than 11 crore farmers are registered in it.
When can the 20th installment come?
According to reports, the Prime Minister can announce it in Motihari on 18 July. Farmers are expected to get a installment of ₹ 2,000. This will be the 20th installment of the scheme.
Who will get money?
The same farmers will be entitled to payment whose E-KYC is complete and the bank account is link to Aadhaar. Even after registration, if the documents are incomplete, then the money will not come.
Why is E-KYC important?
The government has made E-KYC mandatory to prevent disturbances. Farmers can complete it online or by visiting the CSC Center. Without it, the installment may get stuck.
Is the bank detail update or not?
Many times the name or details do not have an account in Aadhaar and bank account are incomplete. Fund transfer may fail in such cases, so check the information.
What are the necessary documents?
A copy of Aadhaar card, address proof (eg electricity bill) and bank passbook is necessary for E-KYC and bank linking. Take them to the bank or CSC Center.
How many farmers will benefit?
More than 11 crore farmers have benefited from this scheme. It is considered one of the world’s largest direct benefit transfer schemes.