Prime Minister Narendra Modi has officially announced that the much-anticipated 18th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana will be disbursed starting from October 5, 2024. This latest installment of ₹2,000, part of the annual ₹6,000 direct benefit transfer (DBT) scheme, aims to support the financial needs of millions of small and marginal farmers across India.
The announcement was made during a special event focused on rural and agricultural development, where the Prime Minister highlighted the government’s ongoing commitment to the welfare of farmers. Since its inception in 2019, the PM-KISAN scheme has successfully provided financial assistance to over 12 crore farming families, with the 18th installment continuing this support during the critical Rabi sowing season.
Farmers who are registered under the PM-KISAN Yojana and have completed their e-KYC and Aadhaar linking can expect the funds to be directly deposited into their bank accounts. Beneficiaries can check their installment status by visiting the official PM Kisan portal (pmkisan.gov.in), where they can verify their eligibility and ensure that all necessary documentation is in place.
To avoid any delays in receiving the installment, farmers are advised to ensure that their e-KYC, Aadhaar-bank account linking, and land record verification are completed before the disbursement date. Those who haven’t yet completed these processes can do so via the PM-KISAN portal or by visiting their nearest Common Service Center (CSC)(
The release of the 18th installment on October 5th underscores the government’s sustained efforts to strengthen India’s agricultural sector and improve the livelihoods of rural families.
To receive the benefits under the PM-KISAN Yojana, farmers must meet the following criteria:
The main benefit of the PM Kisan Yojana is the direct financial aid provided to small and marginal farmers. This monetary support helps farmers cover agricultural and household expenses, especially during lean periods. Over 12 crore farmers have benefited from this scheme, which aims to uplift rural agricultural families.
The 19th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana is expected to follow the same process as previous payments, continuing to provide critical financial aid to India’s small and marginal farmers. This installment will offer ₹2,000 as part of the yearly ₹6,000 support provided to each eligible farming family under the scheme. The exact release date for the 19th installment has not yet been announced, but it will likely arrive four months after the 18th installment, which is scheduled for October 2024. To ensure timely receipt, farmers are encouraged to keep their e-KYC, Aadhaar-bank linkage, and land records up to date.