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About 44% of PM-KISAN beneficiaries await payment from Centre
Why is it in the news?
- Under the new PM-KISAN scheme, about 56% of the total list of 4.92 crore names submitted by States, have been paid so far with just 10 days to go for the first payout deadline under PM-KISAN.
- The remaining 2.18 crore farm families are still awaiting processing or are caught somewhere within a four-stage validation process.
- The scheme was operationalised on February 24.
More in the news
Beneficiary Identification:
- Under PM-KISAN, the Centre left it to States to identify beneficiaries using their own land records.
- The first stage of validation is to check the State-submitted database and ensure that data entry is complete with all mandatory details filled in.
- The second stage involves verification of the bank account number and IFSC code.
- In the third stage, banks verify if the name on the account actually matches the beneficiary’s name.
- If a proposed beneficiary trips up at any of these stages, the details are sent back to the States for on-the-ground manual verification, a process that has become slower as State governments have shifted their focus to poll preparation.
Source
The Hindu.