Prime Minister Kisan Samman Nidhi Yojana (PM-KISAN) is an initiative launched by the Government of India to provide financial assistance to farmers across the country. The scheme was launched in February 2019 with an aim to improve the income of farmers and enhance their standard of living. The central government provides financial assistance of Rs. 6,000 per year to small and marginal farmers.
Under PM-KISAN, all farmers holding cultivable land up to two hectares are eligible to receive financial assistance. The amount of financial assistance is directly transferred to the bank account of beneficiaries. The government has also set up a dedicated portal where farmers can register and track the status of their application.
The PM-KISAN scheme has been designed to ensure transparency and efficiency in the transfer of financial assistance to farmers. To achieve this, the government has created a database of farmers’ details with the help of state governments. The database includes information such as the name of the farmer, Aadhaar number, bank account details, and landholding details.
To receive the benefits of PM-KISAN, farmers need to register themselves on the portal with their Aadhaar number, bank account and land details. Once the registration is complete, the government verifies the details and transfers the amount directly to the farmer’s bank account.
PM-KISAN scheme has been a boon for small and marginal farmers who often struggle to meet their basic needs. The financial assistance helps them to purchase seeds, fertilizers and other inputs required for farming. It also provides support during unforeseen events such as natural disasters, pest attacks, and crop failures.
In conclusion, the PM-KISAN scheme is a significant step towards ensuring the welfare of farmers in India. The scheme has brought a positive change in the lives of many small and marginal farmers across the country. It has helped them to improve their income and enhance their standard of living. The government is committed to ensuring the success of the scheme by expanding its coverage and making it more efficient.