The Government of Maharashtra has taken the initiative to launch Namo Shetkari Yojana to support farmers by providing financial assistance for agriculture-related needs. The scheme will release its 6th installment in February 2025 (Expected). This installment will provide financial assistance to eligible small and marginal farmers, helping them cover agricultural expenses and improve their livelihoods. The funds will be directly transferred into the beneficiaries’ Aadhaar-linked bank accounts. Farmers are required to complete key formalities, such as E-KYC, land verification, and ensuring their bank accounts are updated with Aadhaar information, to receive the payment. The scheme aims to ease the financial burden on farmers, boost productivity, and promote sustainable agricultural practices.
What is Namo Shetkari Yojana?
The Namo Shetkari Yojana, launched by Prime Minister Narendra Modi in October 2023, provides additional financial support to farmers in Maharashtra. Under this scheme, eligible farming families will receive Rs. 6,000 annually, distributed in three equal installments, alongside the benefits of the PM Kisan Samman Nidhi, bringing the total aid for small and marginal farmers to Rs. 12,000 per year. The scheme aims to strengthen farmerโs economic stability by helping them manage agricultural expenses and cope with challenges like fluctuating markets and rising input costs.
A Government Resolution, issued on June 15, 2023, formalized the scheme, ensuring that funds are transferred directly to farmerโs bank accounts through the Direct Benefit Transfer (DBT) system. On October 5, 2024, an additional Rs. 2,000 crore was announced to further benefit state farmers under the schemeโs 5th installment.
Also Read: Namo Shetkari Yojana Beneficiary List
Helpful Summary of Namo Shetkari Yojana 6th Installment Date
Name of the Article | Namo Shetkari Yojana 6th Installment Date |
Name of the Scheme | Namo Shetkari Mahasanman Nidhi Yojana |
Initiated By | Prime Minister of India Shri Narendra Damodar Das Modi |
Launched Date | October 2023 |
Eligibility | Small and marginal farmers of Maharashtra State |
Benefits | Rs. 6,000 annually |
Total Benefit | Rs. 12,000 annually (Rs. 6,000 from PM Kisan + Rs. 6,000 from Namo Shetkari Yojana) |
Installment Amount | Rs. 2,000 per installment (Rs. 6,000 annually in 3 equal installments) |
Objective | To help farmers manage agricultural expenses and boost financial stability |
6th Installment Date | February 2025 (Expected) |
Disbursement Method | Direct Benefit Transfer (DBT) to Aadhaar-linked bank accounts |
Additional Assistance | Rs. 2,000 crore announced for farmers in October 2024 as part of the 5th installment |
Mode of Application | Online |
Official Website | Namo Shetkari Portal |
Objective Namo Shetkari Yojana
The objectives of the scheme are as follows:
- The objective of the scheme is to improve the financial security of small and marginal farmers by offering consistent income support.
- The scheme aims to help farmers manage the rising costs of agricultural inputs like seeds, fertilizers, and equipment.
- The scheme aims to encourage better farming practices by reducing financial stress on farmers.
- The target of the scheme is to strengthen the rural economy by providing farmers with direct cash benefits.
Also Read: Namo Shetkari Yojana 5th Installment Date
Installment Dates
Installments | Date |
1st Installment | July 27, 2023 |
2nd Installment | November 15, 2023 |
3rd Installment | February 28, 2024 |
4th Installment | June 18, 2024 |
5th Installment | October 5, 2024 |
6th Installment | February 2025 (Expected) |
Eligibility Criteria
To be eligible for the benefits of this scheme, farmers must meet the following criteria:
- Must be a permanent resident of Maharashtra.
- Should be small or marginal farmers with agricultural land.
- Farmers already benefiting from the PM Kisan Samman Nidhi Yojana are automatically eligible for additional support.
- Should have a bank account linked to Aadhaar for Direct Benefit Transfer (DBT).
- Applicants should be listed in the beneficiary records maintained by the Government of India.
- Farmers with limited income or those from economically weaker sections qualify.
- No one in the family should be a government employee or pay income tax.
Salient Features
Salient Features of Namo Shetkari Mahasanman Nidhi Yojana are as follows:
- It provides an additional Rs. 6,000 annually to eligible farmers, enhancing their income support.
- The money is distributed in three equal installments throughout the year.
- Funds are transferred directly to beneficiaries’ Aadhaar-linked bank accounts for transparency and efficiency.
- The scheme primarily targets small and marginal farmers.
- Farmers receiving benefits from the PM Kisan Samman Nidhi Yojana automatically qualify for this scheme.
- Help farmers manage costs related to seeds, fertilizers, and other farming inputs.
- Focuses on improving the financial security and sustainability of farmerโs livelihoods.
Also Read: Namo Shetkari Yojana Beneficiary Statusย
Required Documents
Candidates must possess the following documents to benefit from the Namo Shetkari Yojana:
- Aadhar Card
- PAN Card
- Address Proof
- Land Documents
- Farm Details
- Bank Account Statement
- Passport Size Photo
- Mobile Number
Benefits of Namo Shetkari Yojana Payment
Some key benefits of the scheme are as follows:
- Farmers who qualify for the scheme will receive Rs. 2,000 in each installment, comparable to the benefits from the PM Kisan Yojana.
- Farmers participating in the PM Kisan scheme receive extra financial support through NSMNY, allowing them to enjoy a total annual benefit of Rs. 12,000, which includes Rs. 6,000 from PM Kisan and Rs. 6,000 from NSMNY.
- Payments are processed through Direct Benefit Transfer, guaranteeing that funds are deposited directly into the bank accounts linked to farmerโs Aadhaar.
- The benefits of NSMNY are determined by a beneficiary list issued by the Government of India.
- The initial installment of NSMNY is disbursed simultaneously with the 14th installment of the PM Kisan Yojana.
- Funds disbursed to ineligible recipients will be reclaimed following the Standard Operating Procedures (SoP) defined by the PM Kisan scheme.
How to Check Namo Shetkari Yojana 6th Installment Date Online?
To check the Namo Shetkari Yojana 6th Installment Date online, follow the steps:
Step 1: Visit the official Namo Shetkari website.
Step 2: Login using your login credentials.
Step 3: Look for a link or tab that provides information about the installments or financial assistance under the scheme.
Step 4: Click on the option that mentions the status of payments.
Step 5: You may need to enter details like your Aadhaar number or registration number to access your information.
Step 6: Once you submit the required details, you should be able to see the date for the 6th installment along with other relevant details.
Search Namo Shetkari Yojana 6th Installment Beneficiary Status
To check the beneficiary status of Namo Shetkari Yojana, follow these simple steps:
Step 1: Visit the official website.
Step 2: Click on the โBeneficiary Statusโ option on the homepage.
Step 3: Choose between โRegistration Numberโ or โMobile Numberโ based on your preference for checking the Beneficiary Status as per your convenience.
Step 4: Input your Registration Number or Mobile Number in the designated field, then complete the Captcha code to proceed.
Step 5: Press the โGet Dataโ button to continue.
Step 6: Your beneficiary status will be displayed on the screen.
Login for Namo Shetkari Yojana
Follow these steps to login in to the Namo Shetkari Yojana beneficiary portal:
Step 1: Visit the official website.
Step 2: Click on the โLoginโ option on the homepage.
Step 3: Next, input your username, password, and the provided verification code.
Step 4: Press the โLoginโ button to finalize the login procedure.
Contact Details
- Phone Number: 020-26123648
- Email ID: commagricell[at]gmail[dot]com
FAQs
How to check the Namo Shetkari Yojana Beneficiary Status?
Farmers can visit the official website at https://nsmny.mahait.org/ to check the Namo Shetkari Yojana Beneficiary List.
What is the financial assistance to be provided?
Eligible farmers receive Rs. 6,000 annually under NSMNY, distributed in three installments of Rs. 2,000 each, in addition to the Rs. 6,000 from the PM Kisan scheme.
What is a key objective of the scheme?
The objective of the scheme is to improve the financial security of small and marginal farmers by offering consistent income support.
What is the expected date of Namo Shetkari Yojana 6th Installment Date?
The expected date of Namo Shetkari Yojana 6th Installment Date is February 2025.
What is allocation budget of the 5th installment?
On October 5, 2024, an additional Rs. 2,000 crore was announced to further benefit state farmers under the schemeโs 5th installment.
How is the payment disbursed?
Payments are made through Direct Benefit Transfer (DBT), ensuring that funds are credited directly to farmerโs Aadhaar-linked bank accounts.