The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-Kisan) is a scheme that provides financial assistance to farmers across India. The scheme was launched in December 2018, and it aims to provide income support to farmers through direct benefit transfer (DBT) of Rs. 6,000 per year. This scheme has become one of the major welfare schemes in the country, and it has benefited millions of farmers so far.
The scheme is implemented by the Ministry of Agriculture and Farmers Welfare, and it covers all farmers across the country, irrespective of the size of their landholding, whether they are cultivators or landless farmers. The scheme also includes families of eligible farmers, and it provides them with financial assistance to help them meet their agricultural needs.
The fourth installment of the PM-Kisan scheme was announced in May 2021, and it will provide an additional financial assistance of Rs. 2,000 to all eligible farmers. This installment is a part of the government’s efforts to provide relief to farmers during the ongoing COVID-19 pandemic. The amount will be credited directly to the beneficiary’s bank account, and it is expected to benefit around 9.75 crore farmers across the country.
To receive the installment, eligible farmers need to update their Aadhaar number, bank account details, and mobile number on the PM-Kisan portal. The central government has also launched a special drive to enroll more farmers under the scheme. The enrollment process has been made easier by allowing self-registration through the PM-Kisan portal or by visiting the nearest common service center (CSC).
In addition to the financial assistance, the government has also taken several measures to benefit farmers, such as increasing the agriculture credit target to Rs. 16.5 lakh crore and launching the Kisan Credit Card Scheme. The Kisan Credit Card Scheme provides financial assistance to farmers through a credit card-like system, which provides easy access to credit for various agricultural needs.
Overall, the fourth installment of the PM-Kisan scheme is expected to provide much-needed relief to farmers during these challenging times. The scheme has been successful in providing financial assistance to farmers and their families, thereby improving their livelihoods. The government’s continued efforts to improve the scheme and enroll more farmers are commendable, and it is hoped that this will lead to the betterment of the agriculture sector in the country.