As part of the Indian government’s efforts to support the country’s agriculture sector, the Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) was introduced in February 2019. The scheme provides financial assistance to small and marginal farmers across the country in the form of direct cash transfers to their bank accounts.
Under the PM-KISAN scheme, eligible farmers receive Rs. 6,000 per year in three equal installments of Rs. 2,000 each. The first installment is typically released in April-July, the second in August-November and the third in December-March.
It is important to note that to qualify for PM-KISAN, farmers must meet certain criteria such as owning less than two hectares of land, being a part of a family unit, and having a valid Aadhaar card. The scheme was initially rolled out to cover around 120 million farmers across the country.
To receive the benefits of PM-KISAN, farmers must ensure that their bank accounts are linked to their Aadhaar cards. This process can be completed through the government’s official PM-KISAN portal or by visiting a local bank branch.
The government has taken several steps to streamline the PM-KISAN payment process to ensure that farmers receive the benefits of the scheme in a timely and efficient manner. Recently, the government removed the requirement for farmers to physically visit bank branches to complete the linking process, thereby making it easier for farmers to access the benefits of the scheme.
In conclusion, the PM-KISAN scheme is an important initiative by the Indian government to support small and marginal farmers. The government has set up an efficient payment mechanism to ensure that farmers receive their benefits in a timely manner. It is important for eligible farmers to complete the linking process to ensure that they can avail of the scheme’s benefits.