PM Kisan 10th Installment: Good News! Farmers to Get Three Additional Benefits

The Central Government has started many schemes to benefit the farmers in the country. One such scheme is PM Kisan Samman Nidhi Yojana, which is solely for the farmers. There are crores of farmers in India, who have registered themselves and are all set to receive the 10th installment of Pradhan Mantri Samman Nidhi Yojana.   

As per the media reports that indicate that this amount will be distributed to farmers before New Year i.e, January 1, 2022. The farmers are about to receive the money on December 15, 2021, the countdown for the same has already begun.

These reports also suggest that the central government is planning to double the amount of farmers & this time the beneficiaries are likely to get Rs 4000 instead of Rs 2000.

Apart from the 10th Installment, the farmers of our country will also receive 3 more benefits this time. Yes, now the farmers can also take the advantage of PM Kisan Maandhan Yojana. To offer financial help to farmers, the central government has started the pension scheme. Along with this, the farmers can take the advantage of loans from credit cards.

PM Kisan Credit Card

Now, PM Kisan Credit Card has been linked with the PM Kisan Scheme of farmers. Under this scheme, farmers not only get financial help, but the government is also providing loans at affordable rates. Notably, PM Kisan Samman Nidhi Yojana & Kisan Credit Card Scheme are linked under the Self-reliant India Scheme. Currently, about 7 core farmers have KCC, while the government wants to include 1 crore more people in the scheme.

PM Kisan Maandhan Yojana

In, PM Kisan Samman Nidhi Yojana, the center has the facility to provide a pension to farmers which are known as PM Kisan Maandhan Yojana. If farmers are already a beneficiary of the PM Kisan Scheme, then, they don’t need to submit new documents for the pension scheme. They are automatically registered in the PM Kisan Maandhan Yojana. In this scheme, farmers can get a pension after they turn 60 years of age. Any farmer in the gar group of 18 to 40 years can invest. The farmers get a minimum monthly pension of Rs 3000.

PM Kisan ID Card

The Centre is planning to create PM Kisan ID Cards for farmers on the basis of data received from the PM Kisan Scheme. The special identity card can be created by linking this to the land record of the PM Kisan Scheme. Once the ID card is created, the schemes related to farming will reach farmers easily.