Under the Prime Minister’s Kisan Samman Fund, on 9th August 2021, at 12:30 pm today, the Prime Minister will directly transfer more than Rs 19,500 crore to the country’s over 9.75 crore beneficiary farmer families. Accounts. However, waiting for state approval is still showing up in the plight of many farmers. According to the rules, the installment is released when the FTO is created.
Also Read: PM Kisan Samman Fund: More than 32000 dead in UP raise Rs 2000 installment, 7.10 lakh withdrawn from unqualified beneficiaries
At the same time, according to the portal, the number of farmers registered under the scheme is more than 12.11 crore. This means that today’s installment of Rs 2000 does not go into the accounts of 2.36 crore farmers. Sometimes when checking the status quo, the amount reaches your account, even if it is waiting for approval from the state. This is because your status will not be updated in the portal, but the whole process will be completed in the backend.
If you don’t get PM-Kisan’s August-November installment today, let us tell you not to be disappointed. It will be available in various batches until November 30th. Today the money comes from the accounts of the farmers created by the FTO. If there is no difference in the data of other farmers, sooner or later the money comes into their accounts.
Learn the process of getting installment credit in your account
- A special web-portal https://pmkisan.gov.in/ has been created for the PM Kisan beneficiary installment. Through this, beneficiary data is uploaded by the State / UT Governments.
- Eligible farmers of the scheme apply online or with village vendors, revenue officers, designated authorities or agencies. .
- Nodal Officers appointed by State / UT Governments at the Block and District level will review the applications and transfer them to the State Nodal Officers (SNOs).
- State nodal authorities will eventually decrypt the data and upload it in batches. Beneficiary data uploaded by State Nodal Officer, National Information Center (NLC), Public Finance
- Request for Management System (PFMS) and SNO Transfer is based on bank verified / validated data
- To sign (RFT).
- Based on the RFT, PFMS issues a Fund Transfer Order (FTO).
- On an FTO basis, the Department of Agriculture, Cooperatives and Farmers’ Welfare issues sanction orders for the amount quoted in the FTO.
- This amount is transferred to beneficiary bank accounts, accredited banks, post offices, rural banks, cooperative banks or any other financial institutions
Meaning waiting for approval from the state
If you are checking your status on the portal and you are waiting for your next installment to be approved by the state, please understand that there is a slight delay in getting Rs 2000. Your state government has not yet approved sending the 2000 amount to your account.
What is an RFT signed by the State Government?
When you check your payment status by visiting the PM Kisan Summon Fund website (https://pmkisan.gov.in/), many times you are 1st, 2nd, 3rd, 4th, 5th, 6th, 7th, 8th The RFT has been signed by the State. , The 9th installment will be written. The full form of the RFT here is the transfer request, which means that ‘the beneficiary data has been verified by the state government, which has been found to be correct’. The state government requests the center to send money to the beneficiary’s account.
The meaning of the FTO is created and the payment confirmation is pending
The FTO message will appear in the status of generated and payment confirmation pending. This means your installment will soon be transferred to your bank account. The full form of the FTO is a fund transfer order. This means your installment amount is ready and orders have been issued by the government to send it to your bank account.
