Farmers are likely to get a good news by the end of the month as the Central government is likely to release the 12th installment of PM Kisan within this month.
The Pradhan Mantri Kisan Samman Nidhi, or PM Kisan Scheme is a special drive launched by the central government under Prime Minister Narendra Modi.
Under the PM Kisan scheme, eligible landholding farmers families get Rs 2,000 every four months, which is Rs 6,000 annually.
The money is provided each year in three installments, in April-July, August-November and December-March.
The PM Kisan Scheme was started in December 2018 to provide pension to such farmer families who need financial support.
According to the PM Kisan website, this is a central sector scheme with 100 per cent funding from the government of India.
However, there are certain rules regarding the PM Kisan schemes, and every farmer is not eligible to apply for it.
It is available only for small landholding farmers. Here are details about the eligibility criteria of PM Kisan scheme.