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TaxTMI 
Cabinet approves relaxation of Aadhaar seeding of data of the beneficiaries under Pradhan Mantri KisanSamman Nidhi (PM-Kisan)
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....abinet approves relaxation of Aadhaar seeding of data of the beneficiaries under Pradhan Mantri KisanSamman Nidhi (PM-Kisan) <br>News and Press Release<br>Dated:- 9-10-2019<br><BR>The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the relaxation of the mandatory requirement of Aadhaar Seeded data as a pre-condition for release of funds to the beneficiaries under the Pr....
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....adhan Mantri KisanSamman Nidhi (PM-Kisan) scheme. The scheme provides income support of ₹ 6,000 per year to landholding families, subject to certain exclusions. The amount is released in three 4-monthly instalments of ₹ 2,000 each directly to the bank accounts of the beneficiaries through DBT mode. Under this scheme, after 1st August, 2019, release of 3rd Instalment onwards to those ....
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....beneficiaries who got first instalment during December, 2018 - March, 2019 and 2nd instalment during April-July, 2019 is to be made only on the basis of Aadhaar seeded database. Similarly, after 1st August, 2019, release of 2nd instalment onwards to those who got 1st instalment during April-July, 2019 is to be made only on the basis of Aadhaar seeded database. Again, after 1st August, 2019, releas....
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....e of 1st instalment onwards to the rest of the beneficiaries after 1st August, 2019 is to be made only on the basis of Aadhaar seeded database. Farmers in the States of Assam, Meghalaya and J&K, where there has not been enough Aadhaar penetration, have been exempted from this requirement till 31.3.2020. However, it has not been possible to get 100% Aadhaar seeding for release of funds as per the ....
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....prescribed time schedule before release of instalments after 1st August, 2019. Since the farmers are still gearing up for Rabi season, they are in dire need of money to take care of various farming activities like procurement of seeds, preparation of soil and other associated activities like irrigation, maintenance and mobilization of machinery and tools. Over and above these pressing needs, the j....
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....ust started festive season will put further stress on the financial condition of the poor farmers' households in the country. Non-seeding of beneficiaries' details with Aadhaar number will delay the release of further instalments and will cause discontentment among the farmers. Therefore, the mandatory requirement of Aadhaar seeding for release of benefits after 1st August, 2019 has been r....
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....elaxed till 30th November, 2019. This will enable immediate release of benefits to a large number of farmers who are not able to avail the same due this requirement. This mandatory requirement will remain applicable for release of benefits w.e.f. 1st December, 2019 onwards. The Government will take adequate measures to validate the data before payment is made. Background: The Central Sector Sche....
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....me, namely, the Pradhan Mantri KisanSamman Nidhi (PM-KISAN) provides income support to land-holding farmers' families, subject to certain exclusions, by way of payment of ₹ 6000/- per year. The amount is released in three 4-monthly instalments of ₹ 2000 /- each directly into the bank accounts of the beneficiaries through DBT mode. A total amount of more than ₹ 27000 crores ha....
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....s already been released under the scheme through the 1st instalment to 6,76,76,073 beneficiaries, 2nd instalment to 5,14,27,195 beneficiaries and 3rd instalment to 1,74,20,230 beneficiaries.<BR> News - Press release - PIB....