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Pradhan Manthri Kisan Samman Nidhi Yojana details

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Pradhan Mantri Kisan Samman Nidhi Yojana, or PM-Kisan, is a government scheme introduced to provide income support to the farmers of India. The scheme was announced in the interim budget of 2019 and was launched on February 24, 2019, by the Prime Minister of India, Narendra Modi.

The objective of PM-Kisan is to provide financial assistance to the farmers of India, especially small and marginal farmers, who are still facing challenges in the agricultural sector. The scheme will provide income support of Rs. 6,000 per year to eligible farmers.

Who is eligible for the scheme?

Farmers who have cultivable land up to two hectares will be eligible for this scheme. The eligibility criteria for this scheme are quite simple and direct. However, the scheme is limited to the landholders, and tenants are not covered under this scheme.

How will the scheme benefit farmers?

There are a lot of benefits that the farmers will receive through this scheme. Here are some of the key benefits:

1. Financial Assistance: The most significant benefit of this scheme is financial assistance. Under this scheme, farmers will receive a financial assistance of Rs. 6,000 per year or Rs. 500 per month in three equal instalments of four months each.

2. Boost for Agricultural Sector: This scheme is expected to boost the agricultural sector in India. With financial assistance, farmers will be able to purchase better seeds, fertilisers and other inputs, thus increasing their yield and income.

3. Better Quality of Life: With more income, farmers will be able to improve their quality of life by providing better education and healthcare to their children.

4. Ease of Registration: The registration process for the PM-Kisan scheme is straightforward and simple. Farmers can register themselves at the Common Service Centres (CSC) available at the Gram Panchayat level across the country.

Conclusion:

The PM-Kisan scheme is a significant boost for the farming community in India. The scheme will provide financial support to the farmers, who have long been struggling with the challenges in the agricultural sector. It is expected to boost the agricultural sector in India, improve the quality of life of farmers, and reduce rural distress. However, it is important to note that tenants are not covered under this scheme, which could be a drawback. Overall, the scheme is a positive step towards providing much-needed relief to the farming community in India.

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