The Centre disbursed the eighth instalment of Pradhan Mantri Kisan Samman Nidhi Yojana (PMKSNY) scheme on 14 May. This 14 May payouts, will be the first instalment of PM Kisan for the financial year 2021-22.

• It has become operational from 1.12.2018.
• Under the scheme an income support of Rs.6000/- per year in three equal instalments will be provided to small and marginal farmer families having combined land holding/ownership of upto 2 hectares
• Definition of family for the scheme is husband, wife and minor children.
• State Goverment and UT Administration will identify the farmer families which are eligible for support as per scheme guidelines.
• The fund will be directly transferred to the bank accounts of the beneficiaries.
• The first instalment for the period 1.12.2018 to 31.03.2019 is to be provided in this financial year itself.