PM Kisan Yojana Update: The Pradhan Mantri Kisan Samman Nidhi (PM Kisan Yojana) has been one of the most important schemes by the central government, aimed at providing direct financial support to small and marginal farmers across India. Since its launch in 2019, the scheme has played a vital role in helping farmers manage agricultural expenses and boost rural income.
Current Benefits Under PM Kisan Yojana
Under the existing scheme, every eligible farmer receives ₹6,000 annually, which is transferred directly into their bank accounts in three equal installments of ₹2,000 each. This financial support has been crucial in reducing the burden of farm expenses.
Big Change: Farmers in Jammu & Kashmir to Get ₹10,000
Union Home Minister Amit Shah recently announced a major update for farmers in Jammu and Kashmir. As per the announcement, eligible farmers in the region will now receive ₹10,000 annually under the PM Kisan Yojana.
This means farmers will not just get the regular ₹6,000, but an additional ₹4,000, offering greater financial relief and support for agricultural activities.
New Installment Structure
According to the proposed changes, the assistance will now be distributed in three parts:
- ₹3,000
- ₹4,000
- ₹5,000
This updated structure ensures better financial flow for farmers throughout the year.
Budget Allocation Increased
Initially, the scheme was implemented with an annual budget of ₹60,000 crore. However, with the new changes, the budget is expected to increase significantly, reaching nearly ₹1 lakh crore by 2025. This expansion highlights the government’s commitment to strengthening rural India and ensuring farmers’ welfare.
PM Kisan Scheme – A Lifeline for Small Farmers
Since its launch, the PM Kisan Yojana has become a financial lifeline for small and marginal farmers, providing them with steady assistance to cover essential agricultural expenses such as seeds, fertilizers, and equipment.
In June 2024, Prime Minister Narendra Modi released the 17th installment worth ₹2,000 crore, benefiting crores of farmers across the country. The 16th installment was distributed in February 2024, and farmers are now eagerly awaiting the next round of payments.
How to Register for PM Kisan Yojana
Farmers who wish to avail benefits under the scheme can register online by following these steps:a
- Visit the official website: pmkisan.gov.in
- Go to the ‘Farmer’s Corner’ section and click on ‘New Farmer Registration’.
- Select whether you are a rural or urban farmer.
- Enter your Aadhaar number, mobile number, and state details.
- Verify using OTP and proceed.
- Fill in personal details, bank account information, and land details.
- Upload the required documents and submit the application.
Once verified, the registration will be approved, and the farmer will start receiving benefits directly in their bank account.
PM Kisan Yojana – Key Highlights
| Category | Details |
|---|---|
| Annual Assistance | ₹6,000 (₹10,000 for J&K farmers) |
| Installment Distribution | ₹3,000 + ₹4,000 + ₹5,000 |
| Budget Allocation | ₹60,000 crore → ₹1 lakh crore by 2025 |
| Registration Process | Available at pmkisan.gov.in |
Final Thoughts
The recent changes in PM Kisan Yojana are set to bring much-needed financial relief to farmers, especially those in Jammu & Kashmir. With the increased assistance of ₹10,000 per year, farmers will have better resources to manage agricultural costs and improve their livelihood.
This move by the government is seen as a significant step toward strengthening the agricultural sector and uplifting the rural economy. Now, all eyes are on how quickly these changes will be implemented and the impact they will have on millions of farmers across India.
