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Pradhan Mantri Kisan Samman Nidhi Yojna information

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Pradhan Mantri Kisan Samman Nidhi Yojna Information

Pradhan Mantri Kisan Samman Nidhi Yojna (PM-Kisan) is a government-led scheme aimed at providing direct financial assistance to eligible farmers in India. With this initiative, the government aims to reduce agricultural distress and to provide a stable income source for farmers. Under this scheme, small and marginal farmers with landholding up to 2 hectares are eligible to avail of financial assistance of Rs. 6,000 per year. The scheme was launched in February 2019 and is an evolving scheme aimed at doubling the farmer’s income by 2022.

Eligibility Criteria for PM-Kisan

To be eligible for the PM-Kisan scheme, the following criteria should be satisfied by the farmers:

1. Only farmers with cultivable landholding of 2 hectares or less are eligible.

2. The scheme is targeted towards small and marginal farmers.

3. The landholding should be registered in the farmer’s or his/her family member’s name.

4. Farmers must possess valid Aadhaar cards and bank account details as the assistance will be directly credited to the bank account of the beneficiaries.

5. Institutional landholders (i.e. farmers holding land in the name of an institute) are not eligible for the scheme.

Application Process

The application process for PM-Kisan is straightforward. It can be done online on the official PM-Kisan portal www.pmkisan.gov.in. The website directs the farmer to register himself/herself using the Aadhaar card number. Once the registration is complete, the farmer’s details like name, age, gender, bank account details, and landholding will be retrieved from the Aadhaar database. The farmer can edit or update their details if necessary.

Key Benefits of PM-Kisan

PM-Kisan provides a lifeline to many farmers in India. Some of the major benefits are:

1. Financial Assistance – The scheme provides Rs. 6,000 per year to farmers, which helps build the financial stability of the farmer.

2. Timely Benefit – The benefits are transferred to the farmer’s Aadhaar linked bank account in 3 equal installments every year, with payouts in April, August, and December, thereby providing the necessary financial support in their non-cropping season.

3. No Cap on the Family Limit – There is no cap on the family limit. Every eligible farmer in a family can get the benefit.

4. Income Security for Small and Marginal Farmers – Many farmers who own less than 2 hectares of land can improve their livelihood with this scheme, leading to income security for the farmer’s family.

Conclusion

Pradhan Mantri Kisan Samman Nidhi Yojna is an excellent initiative by the Indian government to provide direct financial assistance to small and marginal farmers. By providing a steady income to elevate their livelihood, PM-Kisan aims to reduce the agricultural distress in the country. With the scheme being open to every eligible farmer in the family, it significantly benefits many Indian households. The website www.pmkisan.gov.in provides the online application for the scheme. Farmers are encouraged to register themselves and reap the benefits of this essential scheme.

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