Prime Minister plans to disburse next tranche of Farmers' Respect Fund; certain conditions must be met
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Aaj Tak
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Prime Minister plans to disburse next tranche of Farmers' Respect Fund; certain conditions must be met

Expected farmers who have been waiting for a long time will receive the next payment under the 'PM Kisan Samman Nidhi' scheme on October 30, which is scheduled to be transferred today. However, this tranche will only be available to those who meet all established requirements and are eligible beneficiaries.

From Gujarat, Prime Minister Modi will send this amount to the accounts of 9.34 million farmers across the country. Under this program, an eligible farmer and their family are provided with an annual sum of 6000 rupees, distributed in three equal parts of 2000 rupees for each payment directly deposited into the farmer's bank account.

Even if a farmer meets the criteria to participate in the PM Kisan scheme, the receipt of funds may be suspended. This is because all farmers are required to complete the electronic KYC (e-KYC) procedure within this program. Farmers who have not yet completed e-KYC may face delays in receiving money.

Therefore, it is strongly recommended to complete the e-KYC process promptly. Without fulfilling this requirement, the next payment under the PM Kisan scheme will not be sent. The process can be completed through the PM Kisan portal and application using Aadhaar-based OTP. Additionally, biometric e-KYC can be completed at CSC centers by visiting them, as well as through the mobile application using facial authentication.

Over time, changes have occurred within the PM Kisan scheme, and timelines have been set for compliance. Farmers who acquired land after February 1, 2019, are not entitled to the 2000 rupee payment under this program. Also, if one person in the family receives benefits from the scheme, the second person will not receive the installment.

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