- 6th Installment Expected in February 2025: The next installment of Namo Shetkari Maha Samman Nidhi Yojana is expected to be disbursed in February 2025, providing crucial financial support to eligible farmers.
- Financial Assistance of ₹12,000 Annually: Eligible farmers receive ₹6,000 from the central government’s PM Kisan Samman Nidhi and an additional ₹6,000 from the Maharashtra government, offering substantial financial relief.
- Direct Benefit Transfer (DBT) Mode: The assistance amount is directly credited to farmers’ bank accounts, ensuring transparency and preventing any middlemen intervention.
Namo Shetkari Maha Samman Nidhi Yojana 2025 continues to bring financial relief to farmers in Maharashtra. The 5th installment of this scheme, amounting to ₹2,000 crore, was disbursed in November 2024, benefiting over 92 lakh farmers across the state. Under this initiative, farmers receive ₹12,000 annually, combining ₹6,000 from the central PM Kisan Samman Nidhi and an additional ₹6,000 from the Maharashtra government. Eligible farmers can still register online through the official portal pmkisan.gov.in.
This scheme, first announced in the Maharashtra state budget 2023-24, has significantly uplifted the agricultural community. Through direct benefit transfers (DBT), funds are credited directly to the accounts of farmers, ensuring transparency and efficiency. The program aligns with the broader goal of doubling farmers’ income by supporting sustainable farming practices.
Overview of Namo Shetkari Mahasanman Nidhi Yojana
Name of Scheme | Namo Shetkari Maha Samman Nidhi Yojana |
in Hindi | नमो शेतकरी महासन्मान निधि योजना |
State | Maharashtra |
Objective | To provide ₹12,000 to farmers through DBT mode (as cash benefit) |
Assistance Amount | ₹12,000 per annum |
Number of Beneficiaries | Over 92 lakh farmer families |
Latest Installment | 5th installment, ₹2,000 crore, disbursed in November 2024 |
Launch Date | 26 October 2023 |
Registration Link | pmkisan.gov.in |
Namo Shetkari Maha Samman Nidhi Yojana 6th Installment Date
The 6th installment of the scheme is expected to be released in February 2025. This installment aims to provide financial support to eligible small and marginal farmers, assisting them in managing agricultural expenses and enhancing their overall livelihood.
Eligibility Criteria for Namo Shetkari Maha Samman Nidhi Yojana
Farmers must meet the following eligibility conditions to benefit from this scheme:
- Must be a resident of Maharashtra.
- Should have cultivable agricultural land in their name.
- Must be registered under the Pradhan Mantri Kisan Samman Nidhi Yojana.
- Possess a valid bank account for direct transfer of funds.
Registration can be completed online at pmkisan.gov.in. Farmers already registered under PM Kisan are automatically enrolled in the Namo Shetkari Mahasanman Nidhi Yojana.
Required Documents
- Proof of residence in Maharashtra.
- Aadhaar card.
- Voter ID.
- Mobile number.
- PM-KISAN registration number.
- Documents related to agricultural land ownership.
- Bank account details.
Namo Shetkari Maha Samman Nidhi Yojana in 2023-24 Budget
During the presentation of the Maharashtra Budget 2023-24, the Finance Minister announced the allocation of ₹6,900 crore for this scheme. The combined financial support of ₹12,000 annually for farmers aims to improve their economic condition and incentivize sustainable agricultural practices. The budget also highlighted provisions for crop insurance subsidies and incentives for farmers opting for organic farming.
Dr. Panjabrao Deshmukh Organic Farming Mission
To promote organic farming, the Maharashtra government plans to cover 25 lakh hectares under organic farming in the next three years. The scope of the Dr. Panjabrao Deshmukh Organic Farming Mission has been expanded, with ₹1,000 crore allocated for establishing 1,000 bio-input source centres across the state.
How to apply for Namo Shetkari Sanman Nidhi Yojna