The Government of India has launched a revolutionary scheme called PM Kisan Samman Nidhi Yojna in order to provide financial assistance and support to farmers across the country. The scheme was launched in the year 2019 and has been actively administered by the Ministry of Agriculture and Farmers’ Welfare.
Under this scheme, small and marginal farmers with cultivable land will be provided Rs. 6,000 per annum in three equal installments of Rs. 2,000 each directly to their bank accounts. The aim of this scheme is to provide financial support to farmers and enhance their income for their various farming activities.
The eligibility criteria for PM Kisan Samman Nidhi Yojna includes farmers who own cultivable landholding in their name up to 2 hectares. The scheme is known for its simplicity with no need for collateral or guarantees. The scheme has become a source of relief to the farmers who are struggling with financial hardships.
The Government of India has made use of modern and digital technologies to ensure transparency in the implementation of this scheme. The beneficiary’s status and installment details are easily available on the official website of PM KISAN.
The scheme has witnessed great success as it has reached out to more than 11.5 crore farmers across the country, providing them with the required financial assistance. The scheme not only meets the financial needs of farmers, but it has also created a sense of security and stability in their lives.
In conclusion, the PM Kisan Samman Nidhi Yojna has proven to be a blessing for small and marginal farmers in the country. It has provided them with financial support, which has encouraged them to take up farming activities and cultivate more land. The scheme has made farming a more sustainable and viable profession in the country, and it is expected to have a positive impact on the agricultural sector.