The Pradhanmantri Kisan Samman Nidhi Yojana (PM-Kisan) is a government scheme that was launched in February 2019. It aims to provide financial assistance to small and marginal farmers across the country in order to support their agricultural activities.
Under the scheme, eligible farmers receive an income support of Rs. 6,000 per annum in three installments of Rs. 2,000 each. The scheme is targeted at farmers who own up to 2 hectares of cultivable land. The financial assistance is provided in order to help farmers buy seeds, fertilizers and other agricultural inputs that are essential for farming activities.
The scheme was announced in the Interim Budget of 2019-20 and the first installment was released in February 2019. The scheme has been widely appreciated by the farming community in the country, as it provides much-needed financial support to small and marginal farmers who often struggle to make ends meet.
The PM-Kisan scheme has received a lot of attention from the government and has been one of the major initiatives of the Modi government. The scheme has been scaled up to the extent that it covers more than 10 crore farmers across the country.
With the scheme in place, the government aims to uplift the economic status of small and marginal farmers and ensure their financial security. It is also a step in the right direction to facilitate the growth of the agricultural sector in the country by providing the necessary support to farmers.
Recently, the government has released the 8th installment of the PM-Kisan scheme, which has provided financial assistance to more than 9.5 crore farmers. The government has also launched a portal where farmers can register themselves and check their eligibility status under the scheme.
In conclusion, the Pradhanmantri Kisan Samman Nidhi Yojana has been a game-changer for small and marginal farmers in the country. With its continued support, it is expected to transform the agricultural sector and improve the lives of farmers in the country.