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PM Kisan Scheme monthly installment may rise to Rs 8,000 in the 2023 budget

PM Kisan Scheme

PM Kisan Scheme: Many of the millions of Indian farmers who are eligible for a monetary reward of Rs 6,000 per year may hear some good news. Finance Minister Nirmala Sitharaman introduces the Union Budget. According to some media reports, the government may increase the farmers’ annual financial reward under the PM-KISAN scheme to Rs 8,000. Additional sources state that the eligible farmers will be paid Rs 8000 in 4 equal instalments directly to their accounts.

Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme

unveiled by Prime Minister Narendra Modi in 2019. It aims to provide income support to all landowner farmer families in the country who own cultivable land. With some limitations. The recipients of the Scheme are given a total of Rs 6000 in three equal payments of Rs 2000 every four months. Which are deposited into their bank accounts. Even though hundreds of eager farmers are waiting for the transfer of Rs 2,000 into their accounts. Many farmers are not qualified for the PM KISAN Scheme.

Which individuals qualify for benefits under the PM-KISAN Scheme?

Families of farmers who own cultivable land in their names are eligible to receive benefits under the programme.

To whom does the PM-KISAN Scheme not apply?

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