The Pradhan Mantri Kisan Samman Nidhi Yojna, also referred to as PM-KISAN, is a scheme initiated by the Government of India to provide financial assistance to farmers across the country. The scheme was introduced on 1 February 2019, with an objective of providing support to farmers in meeting their agricultural requirements and enhancing their income.
Under the PM-KISAN scheme, an amount of Rs. 6,000 per year is transferred directly into the bank accounts of eligible farmers in three installments of Rs. 2000 each. This financial assistance is given to small and marginal farmers who have a landholding of up to 2 hectares. The scheme is available to farmers across the country and has no age limit.
One of the significant benefits of the PM-KISAN scheme is that it ensures timely and adequate flow of financial resources to the farmers. The scheme helps farmers to meet the cost of cultivation, including the purchase of seeds, fertilizers, and other inputs, and also assists them in meeting their household expenses.
To avail of the benefits of the PM-KISAN scheme, farmers need to register themselves with the scheme by visiting the office of the local revenue officer or by going online to the PM-KISAN portal. After the registration process is complete, the farmers need to provide the details of their bank account, Aadhaar number, and landholding details.
The PM-KISAN scheme is a part of the Government’s efforts to achieve its goal of doubling the income of farmers by 2022. The scheme is expected to benefit about 12 crore farmers who are small and marginal landholders across the country.
Overall, the PM-KISAN scheme has played a crucial role in improving the lives of farmers by providing them with timely financial assistance. The scheme has helped farmers to meet their financial needs and overcome the challenges faced in agriculture. With the continued support of the Government, the scheme is likely to make a significant contribution to enhancing the livelihoods of farmers and making India self-reliant in the agriculture sector.