Farmers who obtain advantages below the PM Kisan scheme will need to have their financial institution accounts e-KYC verified by February 10, stated an official, based on information company PTI. A nodal officer of the scheme stated it has been made important for beneficiaries of PM Kisan to finish e-KYC, join their financial institution accounts with Aadhaar, and switch advantages on to financial institution accounts by February 10, 2023.
The nodal officer, Meghraj Singh Ratnu, stated that the central authorities had issued directives on this regard, PTI reported.
Ratnu stated that by January 2023, 67 per cent of e-KYC and 88 per cent of financial institution accounts have been linked to Aadhaar by the beneficiaries of this scheme in his state, Rajasthan. He stated about 24.45 lakh beneficiaries had been but to get e-KYC performed and 1.94 lakh beneficiaries had been but to hyperlink their financial institution accounts with Aadhaar within the state.
He acknowledged that the PM Kisan beneficiary should full their e-KYC and hyperlink their financial institution accounts with their Aadhaar earlier than February 10. India Put up Funds Financial institution has been licensed for this objective.
In Funds 2023, the PM Kisan scheme’s allotment was diminished from Rs 68,000 crore to Rs 60,000 crore. This yr’s finances for the programme is the bottom of the earlier 5 years.
In response to a report by Mint, there have been solely 8.42 crore beneficiaries in the newest 12-installment (Aug.-Nov. 2022) of the scheme in comparison with the ten.45 crore recipients within the eleventh installment, this was a big lower (Apr-July 2022).
Launched in 2018, the programme provides eligible farmers Rs 6,000 in three installments of two,000 every. PM Kisan is a central sector programme that’s completely funded by the Indian authorities.
On Tuesday, Union Minister of Agriculture and Farmers Welfare Narendra Singh Tomar knowledgeable Parliament that the variety of beneficiaries below Prime Minister Kisan Samman Nidhi (PM-Kisan) has elevated to 10.45 crore in mid-2022 from 3.16 crore in early 2019, a couple of 230 per cent rise within the variety of beneficiaries.
