The Pradhan Mantri Kisan Samman Nidhi Yojana (PM Kisan) is a scheme that provides financial assistance to small and marginal farmers in India. Under the scheme, eligible farmers receive an annual payment of INR 6,000 (approximately $81) in three installments of INR 2,000 each. The payments are released every four months, and the 13th installment is currently due.
However, it has come to the attention of the government that during the 12th installment, many ineligible farmers fraudulently received PM Kisan payments. As a result, the government has made some changes to the PM Kisan rules in order to prevent such fraud in the future. Going forward, it will be mandatory for farmers availing of the PM Kisan scheme to verify their land records and update their e-KYC (electronic Know Your Customer). E-KYC is a process that financial institutions and other regulated entities use to verify the identity of their customers and assess their potential risks for money laundering or financing terrorism.
If a farmer has not yet verified their land records and updated their e-KYC, their name may be removed from the list of beneficiaries for the 13th instalment. This means that they could be deprived of the benefits of the PM Kisan scheme. To avoid this, farmers who are receiving the 13th instalment should visit the PM Kisan website as soon as possible and update their e-KYC and land record verification.
It's worth noting that even during the 12th installment, the names of many farmers whose land records were not verified and whose e-KYC was not updated were omitted from the beneficiary list. In the state of Uttar Pradesh alone, approximately 21 lakh people were left out of the scheme due to this requirement. Therefore, it is important for farmers to ensure that they have completed these steps in order to be eligible for the PM Kisan scheme and receive the 13th instalment.