PM Modi to visit Banaskantha in Gujarat to launch projects worth ₹14,000 crore and distribute farmer subsidies

For farmers awaiting the twenty-fourth installment of the 'Pradhan Mantri Kisan Samman Nidhi' program, there is important news. Prime Minister Narendra Modi plans to disburse this installment on October 30 in Banaskantha district of Gujarat state. As part of this initiative, over 93.4 million farming households will receive financial support exceeding ₹18,680 crore.

This information was shared by the Agriculture Minister of Gujarat, Jitu Waghaani. Modi will be in Gujarat on October 30 and 31. On the second day of his visit, October 31, the Prime Minister will attend the National Unity celebration ceremony in Ekta Nagar, Narmada district. This event is held to commemorate the 151st anniversary of the country's first Home Minister, Sardar Vallabhbhai Patel.

The Prime Minister will conduct the distribution of the 24th tranche of the PM Kisan scheme at the national level in Bildi, Banaskantha district. During this event, financial assistance will be transferred to the accounts of all eligible farming families across the country. Jitu Waghaani specified that residents of the state are entitled to over ₹1,051 crore, covering more than 52.33 million farming households. This information was provided after checking the readiness of events in Bildi named 'PM Kisan Festival.'

Under the 'Pradhan Mantri Kisan Samman Nidhi' scheme, eligible farming families receive annual financial aid of ₹6,000. These funds are transferred directly to the beneficiaries' bank accounts in three equal parts of ₹2,000 each. According to Waghaani, the previous 23 tranches have distributed over ₹4.47 lakh crore nationwide. Furthermore, residents of Gujarat have already received over ₹24,137 crore in aid.

In addition to the PM Kisan disbursement, Prime Minister Modi will also participate in the foundation stone laying of two Compressed Biogas (CBG) plants being built for Banaas Dairy in the towns of Tharad and Radhanpur. In these plants, biogas will be produced from manure. The plant in Tharad will be capable of processing 75 tons of manure daily, and the plant in Radhanpur—100 tons per day. After the launch of these two facilities, the number of bio-CNG plants under the Banaas model will increase to six. The total capacity of all these plants will be 515 tons of manure processing daily. The bio-CNG derived from manure is sold at subsidized rates. Currently, Banaas Dairy supplies about 6,100 kilograms of bio-CNG daily. It is estimated that six such plants will help prevent carbon emissions ranging from 33,400 to 34,600 tons annually.

On October 30, Prime Minister Modi will also inaugurate the Indian Bureau of Animal Breeding and Research (BBBRC), which was developed at a cost of ₹328.77 crore. Additionally, he will open the expanded Banaas Dairy potato processing project, as well as an Automated Storage and Retrieval System (ASRS) in the Ultra High Temperature (UHT) block of the same dairy company.

As part of the 'PM Kisan Festival' in Gujarat, more than 34 district-level events and over 2,100 cluster-level events are planned. The main events will be broadcast live. Beneficiaries will also be presented with letters approving various agricultural and horticulture ministry programs. Agriculture Minister Jitu Waghaani held a meeting with local administrative officials in Bildi to assess preparations. He also participated in an online conference with officials and stakeholders from Gandhinagar.

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.

The next installment of the PM Kisan Samman Nidhi program, specifically the 24th payment, is expected soon, as the previous, 23rd tranche, was released in June. According to the terms of this scheme, the government transfers two thousand rupees to farmers in three annual tranches into their bank accounts.

The reason funds under the PM Kisan Yojana are disbursed in three parts is that the government provides farmers with a total amount of 6000 rupees per year. These payments are made at four-month intervals, leading to the distribution of the amount across three tranches. When the program was launched, it was stated that these periodic payments are intended to meet the economic needs of farmers, such as purchasing fertilizers, irrigation, weeding, and seeds, to ensure proper use of the funds.

Some reports suggest that the government might send the 24th tranche to farmers' accounts before the Diwali festival, but no official announcement has been made regarding this. Although there is no official statement on the payment date for the PM Kisan Yojana, there is speculation that such an announcement could be made at any time.

Under the PM Kisan Yojana program, the first tranche is transferred to farmers' accounts between April and July. The second tranche arrives from August to November, and the third from December to March. In the current financial year, the first tranche was released on June 20, resulting in over 9.44 crore farmers receiving 2000 rupees in their accounts.

Farmers can check updates on this scheme on the official PM-Kisan portal and independently confirm the status of their payments online. This scheme, launched by the government in February 2019, aims to transfer money directly to the bank accounts of eligible farmers. Farmers who are taxpayers or large landowners are excluded from this program.

There are several reasons why money might not reach farmers' accounts even after the government has made the transfer. One possible factor is an incomplete e-KYC procedure. Additionally, the bank account must be linked to the Aadhaar account; if it is not, it can be linked shortly.