PM Kisan Yojana, also called Pradhan Mantri Kisan Samman Nidhi Yojana, is a Central Government scheme launched on December 1, 2018. This scheme supports farmers by providing annual financial assistance of Rs 6,000 which helps farmers cover their agricultural needs and improve their financial stability.
The government has already deposited 17 installments into beneficiaries' accounts. Farmers are now awaiting the 18th installment, which the government will release soon.
It should be noted that the government has made it mandatory for the beneficiaries of this scheme to do these two key tasks-
e-KYC: Farmers need to complete the e-KYC (electronic Know Your Customer) process.
Land Verification: Verification of land records is also required.
Farmers who do not complete these tasks will not receive the Rs 2,000 installment.