BUSINESS
PM Kisan Yojana: Dussehra or Diwali? When will ₹2,000 be credited to farmers' accounts? Learn about the latest installments
The government is running various schemes to provide financial assistance to farmers. Currently, millions of farmers across the country are awaiting the 24th installment of the PM Kisan Samman Nidhi Yojana. The central government has yet to officially announce the date of this installment. However, since October 20th is Dussehra and four months have passed since the last installment, discussions are underway regarding when the next installment will be collected from farmers. Under this scheme, Rs 2,000 is deposited into the accounts of eligible farmers.
Will the 24th installment be received on October 20th?
So far, 23 installments of the PM Kisan Yojana have been sent to farmers' accounts. Now, farmers' attention has shifted to the 24th installment. Typically, the central government releases installments under this scheme every four months. Therefore, since four months have passed since the last installment, October 20th is a likely date. However, it cannot be said with certainty that the money will be deposited on October 20th. The central government has not yet announced the installment date. Therefore, farmers will have to wait for an official announcement.
Is the money likely to be released after Dussehra, before Diwali?
Since October 20th is Dussehra, banks are also observing a holiday. Therefore, there is uncertainty about whether the installment will be released on that day. It is estimated that the money may be credited to farmers' accounts after Dussehra and before Diwali. However, this is only a possibility, and no official information is available.
What do the dates of previous installments indicate?
According to reports, the year-end installment for 2025 was issued on November 19th. It's reported that the last installment for 2026 was deposited on June 20th. Given the difference between these dates, discussions are underway to suggest the next installment will arrive in October.
What should farmers do?
PM Kisan Yojana beneficiaries should visit the scheme's official website to learn official information regarding installments. They can also check their e-KYC process, bank account status, and beneficiary status.
PC: News18
