Pradhan Mantri Kisan Samman Nidhi news: Pradhan Mantri Kisan Samman Nidhi Latest: Prime Minister Narendra Modi released the 10th installment of financial benefit under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on 1st January 2022 via video conferencing. This enabled the transfer of an amount of more than Rs 20,000 crore to more than 10 crore beneficiary farmer families.

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During the programme, the Prime Minister also released an equity grant of more than Rs 14 crore to about 351 Farmer Producer Organizations (FPOs), which will benefit more than 1.24 lakh farmers. PM KISAN is a government scheme with 100 per cent funding from the Government of India. Started in December 1, 2018, the scheme promises an income support of Rs 6,000 per year in three equal installments to small and marginal farmer families, having combined land holding/ownership of up to 2 hectares. 

PM-KISAN is a new Central Sector Scheme that provides income support to all landholding farmers' families in the country to supplement their financial needs for procuring various inputs related to agriculture and allied activities as well as domestic needs. 

Under the Scheme, the entire financial liability towards the transfer of benefit to targeted beneficiaries will be borne by the Central Government. The government had already released PM Kisan 9th Instalment. And farmers will get their 9th instalment of the PM-KISAN Scheme now. 

Also Read: PM KISAN 10th Installment Released: How to check status online of Pradhan Mantri Kisan Samman Nidhi 10th installment? Step-by-step guide

So are the PM KISAN instalment benefits admissible to only Small and Marginal Farmers' (SMF) families? ln the beginning when the PM-Kisan Scheme was launched on 24th February 2019, its benefits were admissible only to Small & Marginal Farmers' (S&M) families, with combined landholding up to 2 hectares. The Scheme was later on revised with effect from 1st June 2019 and extended to all farmer families irrespective of the size of their landholdings.

The Central, State Government, PSU, Autonomous Organization employees, who holds cultivable land in his/her own name in villages, is not eligible to get the benefit under the scheme. Also, all serving or retired officers and employees of central / state Government ministries, Offices, Departments and their field units, Central or State PSEs and attached offices, autonomous institutions under the government, as well as regular employees of the Local Bodies, are not eligible to get benefit under the scheme. 

However, serving or retired Multi-Tasking Staff (MTS), Class IV, Group D employees are eligible to get benefit under the Scheme, provided their families are otherwise eligible and not covered under other exclusion criteria.

Under the PM-KISAN Scheme, benefits are transferred in three, four-monthly periods. In every four months period, Rs 2000 is transferred to eligible farmers families. Therefore, benefits of Rs 6000 is transferred annually.
PM KISAN is a government scheme with 100 per cent funding from the Government of India. Started in December 1, 2018, the scheme promises an income support of Rs 6,000 per year in three equal instalments to small and marginal farmer families, having combined land holding/ownership of up to 2 hectares.