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LATEST NEWS UPDATES | PM-Kisan first installment late; Covid blamed -Harikishan Sharma and Parthasarathi Biswas

PM-Kisan first installment late; Covid blamed -Harikishan Sharma and Parthasarathi Biswas

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published Published on Apr 30, 2021   modified Modified on Apr 30, 2021

-The Indian Express

The first installment is due between April 1 and July 31. Last year, most beneficiaries received the money in their bank accounts between March 24 and April 20. This year, as April ends, no farm households has received any money.

Pune: Amid the surge in Covid-19 cases, the wait of over 9 crore farmer families for the first installment of their PM-Kisan payout for the financial year 2021-22, is getting longer. Agriculture Ministry sources said it may take “some more” days to transfer the installment of Rs 2,000 for the period April-July to eligible farmer families under the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan).

Under the scheme, the government provides Rs 6,000 to eligible farmer families in three equal installments during the course of the financial year.

The first installment is due between April 1 and July 31. Last year, most beneficiaries received the money in their bank accounts between March 24 and April 20. This year, as April ends, no farm households has received any money.

Asked the reason for the delay, an Agriculture Ministry official said, “We are waiting for the states to complete the process of closure of lots and signing of RFTs (Request for Transfer)… We will be in position to release the installment within a week or so.”

According to PM-Kisan guidelines, State Nodal Officers (SNOs) authenticate the data of eligible farmers, and upload them in batches from time to time on the portal. Based on the verified data, the SNOs sign the RFTs that contain the total number of beneficiaries. The Public Finance Management System (PFMS) then issues a Fund Transfer Order (FTO), based on which the Department of Agriculture, Cooperation & Farmers’ Welfare issues the transaction order for the mentioned amount, and the installment is credited into the account of the beneficiary.

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The Indian Express, 30 April, 2021, https://indianexpress.com/article/india/pm-kisan-first-installment-late-covid-blamed-7296072/


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