PM Kisan 10th Installment: Can Central, state government employees with cultivable land avail Rs 6,000 Installment benefits? Check here
This enabled the transfer of an amount of more than Rs 20,000 crore to more than 10 crore beneficiary farmer families.
Pradhan Mantri Kisan Samman Nidhi news: 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.
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 landholding/ownership of up to 2 hectares.
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 lnstitutions under 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 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.
These are the list of the people who will not avail the benefits of PM Kisan 9th Instalment. The following category of farmers are not eligible to get the benefits of the PM-Kisan Scheme
(a) All institutional land holders; and
(b) Farmer families in which one or more of its members belong to the following categories: -
1. Former and present holders of constitutional posts
2. Former and present ministers, State Ministers and former and present Members of Lok Sabha, Rajya Sabha, state Legislative Assemblies, State Legislative councils, former and present Mayors of Municipal corporations, former and present Chairpersons of District Panchayats.
3. All serving or retired officers and employees of Central and State Government Ministries, Offices, Departments and its field units Central or State PSEs and attached offices, autonomous institutions under Government as well as regular employees of the local bodies (Excluding Multi-Tasking staff, Class lV, Group D employees
4. All super annulated, retired pensioners whose monthly pension is Rs 10,000 or more, excluding multi-tasking staff, Class IV, Group D employees.
5. All persons who paid lncome Tax in last assessment year
6. Professionals like Doctors, Engineers' Lawyers, Chartered Accountants, and Architects registered with Professional bodies and carrying out profession by undertaking practices.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
02:47 PM IST