Prime Minister plans to disburse next tranche of Farmers' Respect Fund; certain conditions must be met

Prime Minister Modi will visit Banaskantha, Gujarat, on Friday. During this visit, he will inspect the embryo transfer and in vitro fertilization (ET-IVF) laboratory, as well as the Indian Buffalo Breeding Research Centre (BBBRC). Furthermore, he will participate in the groundbreaking, inauguration, and handover ceremony of development projects worth over ₹14,000 crore in Banaskantha.

As part of the event, which will take place in Bildi, Banaskantha, the Prime Minister will release the twenty-fourth installment of the PM-Kisan scheme for farmers across the country. This time, financial assistance of ₹2,000 will be provided to over 9.34 million farming families through Direct Benefit Transfer (DBT) to their bank accounts.

According to available information, the ceremony for releasing the twenty-fourth tranche of PM-Kisan will take place in Banaskantha around 10:30 AM. Special arrangements have been made for the gathering in Banaskantha: instead of chairs for farmers and cattle rearers, loungers have been installed so they can listen to the Prime Minister's speech, during which he will also convey messages about various programs launched by him.

Before the start of the assembly, a large number of farmers and cattle rearers began gathering. Women associated with the Bana Dairy milk industry arrived with special placards and banners inscribed with 'Modi will not leave'.

Additionally, on Saturday, October 31st, around 9 AM, the Prime Minister will commence, open, and dedicate a series of development projects worth over ₹400 crore to the nation in PM Ekta Nagar near the 'Statue of Unity'. After this, he will visit the 'rainforest' and 'Vamana Garden' in PM Ekta Nagar. In the evening, around 5:30 PM, he will participate in the 'National Unity Day' ceremony dedicated to the 151st anniversary of Sardar Vallabhbhai Patel.

For farmers awaiting the 24th installment under the Prime Minister's Farmer Welfare Scheme (PM Kisan Yojana), there is good news. The Ministry of Agriculture announced on October 23 that the next payment will be made on October 30. This payment will transfer 2000 rupees to the bank accounts of eligible farmers.

However, the release of the installment on October 30 does not guarantee that funds will reach every farmer's account. The payment may be delayed if the farmer has not completed electronic verification (e-KYC) or if any errors are found in their account data. Therefore, farmers should check their status promptly.

Which farmers might not receive the 2000 rupees? To receive funds under the PM Kisan Yojana scheme, farmers must keep their information up to date. Completing e-KYC is particularly important. If you have not yet completed e-KYC, your payment may be suspended. Furthermore, farmers are advised to check their beneficiary status to ensure the accuracy of their record under this program.

There are three ways for farmers to complete e-KYC. If your mobile number linked to Aadhaar is active, you can use the One-Time Password (OTP) method. e-KYC can also be completed by scanning your face through the mobile application.

How to perform e-KYC using OTP via mobile phone? If you wish to complete e-KYC yourself, you need to follow the specified steps. e-KYC can also be done using facial recognition without using OTP, utilizing the PM Kisan app.

Before the installment is released on October 30, be sure to check your status. If e-KYC is not completed, it should be finished, and if errors are found in the account data, contact the relevant official or service center for correction.