new Delhi: There is good news for the beneficiaries of Pradhan Mantri Kisan Samman Nidhi Yojana. More than 12 crore beneficiaries of PM Kisan Yojana are waiting for the 11th installment. According to sources, the April-July installment may come this month. The installment was on May 15 last year. However, this time it is likely to come on the day of Ram Navami or Ambedkar Jayanti.

10 weeks deposit so far

So far 10 installments have been transferred in the accounts of farmers under PM Kisan Yojana. On January 1, the 10th installment of Rs 2,000 has been transferred to the farmers’ account. Now farmers will get 11th installment. But, it will be available only after KYC is updated.

financial assistance to farmers

Pradhan Mantri Kisan Yojana was launched in 2018. Its objective is to provide financial assistance to the farmers. Under the PM Kisan Samman Kosh of the Central Government, every year Rs 6,000 is transferred to the account of farmers. Three installments of Rs 2-2 thousand are transferred in his account throughout the year.