PM KISAN 8th, 9th INSTALMENT ALERT! Transactions FAILED under PM-KISAN Scheme? What farmers can do to CLAIM the money? Check here

Pradhan Mantri Kisan Samman Nidhi latest news: Good news for farmers! August month is here, and farmers can expect their 9th instalment of the PM-KISAN Scheme now.  

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 are transferred annually.

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PM KISAN is a government scheme with 100 per cent funding from the Government of India. Started on December 1, 2018, the scheme promises 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.  

The PM-KISAN Scheme benefits are not transferrable every month. The benefits are transferred in three instalments. The cumulative number of PM-KISAN Scheme transactions that have failed since its launch till June 2021 is 40,16,867. The number of total transactions made under PM-KISAN Scheme till 30th June 2021 is 68,76,32,104 of which the total number of failed transactions is less than 1 per cent, as per the PIB. 

Various reasons have been identified by the Union Government for the failure of the transaction under PM-KISAN Scheme such as account closed/transferred, invalid IFSC, account inactive, account dormant, the amount exceeds the limit set on account by the bank for credit/debit per transaction, the account holder expired, account blocked or frozen, inactive Aadhaar, network failure etc.  

To tackle the issues of transaction failures and process the payment to such registered farmers’ families, a Standard Operating Procedure (SOP) has been developed and issued to States/UTs for necessary action at their end.  In cases where the corrective measures are to be taken by States/UTs, such as transaction failure records are opened to respective State/UT for correction under the “Correction Module” tab of the PM-KISAN portal. Thereafter, all the transaction failure records are reprocessed for the payment of the respective instalment under the PM-KISAN Scheme. 

Also, the government has classified the definition of family for the scheme as husband, wife and minor children. State Government and UT administration will identify the farmer families which are eligible for support as per scheme guidelines. The fund will be directly transferred to the bank accounts of the beneficiaries. There are various exclusion categories for the scheme. 

The transfer of the amount to the bank accounts of the beneficiaries can take a few days’ time and ensure this farmer can check the PM-KSNY instalment, status, list, etc. 

The Pradhan Mantri Kisan Samman Nidhi (PM KISAN) scheme was launched with the view to supplement the earnings of small and medium categories farmers. This scheme coupled with the Digital India initiative has made it possible to reach the PM KISAN benefits to 12 crore farmers in the country. 

With a view to augment the income of Small & Marginal Farmers, the Govt launched a Central Sector Scheme- Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) to provide financial assistance of up to Rs 6,000 annually to small and marginalised farmers across the country. 

Farmers, who have received the eight instalments, don’t have to apply for the 9th instalment. They will receive the 9th instalment in due time directly on their bank accounts. However, farmers, who haven’t got eighth or other instalments, should check their status on pm kisan online portal www-pmkisan-gov-in or via the mobile app. As of now, the government has mentioned August 2021 for the 9th instalment. Know the process to check the latest instalment details here; 

How to Check 8th, 9th instalment details 

1. Visit official site www.pmkisan.gov.in 

2. Click on farmer’s corner given on the homepage of the official website 

3. Click on the option beneficiary list 

4. Select your state, district/sub district, block and village details correctly 

5. Click on the option get report 

6. Click on the beneficiary list appears on the screen 

7. Check your name and confirm  

8. Return to the homepage of pmksny. 

9. Click on the beneficiary status button again 

10. Enter your Aadhaar card details, or mobile number, or your account number 

11. Click on get date button 

12. The status of your instalment payment would appear on the screen