**PM Kisan Samman Nidhi Scheme Details**
The PM Kisan Samman Nidhi (PM-KISAN) scheme is an initiative by the Government of India aimed at providing financial support to small and marginal farmers across the country. Inaugurated by the Prime Minister Narendra Modi on February 24, 2019, the scheme was crafted to bolster the income of the farmers and ensure their financial inclusivity. Here is an in-depth look at the details of this auspicious scheme:
**Objective of PM-KISAN:**
The PM-KISAN scheme was designed with the core objective to supplement the financial needs of all landholding farmers’ families across the country to procure various inputs related to agriculture and allied activities as well as domestic needs.
**Eligibility Criteria:**
The scheme extends to all landholding farmers’ families with cultivable landholding in their names. These beneficiaries are subject to certain exclusions based on higher-income status which includes:
1. Institutional landholders.
2. Farmer families holding constitutional posts.
3. Serving or retired officers and employees of State or Central Government as well as Public Sector Undertakings and Government Autonomous bodies.
4. Individuals who paid income tax in the last assessment year.
5. Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects registered with professional bodies and carrying out the profession by undertaking practices.
**Benefits of the Scheme:**
Under PM-KISAN, an annual financial benefit of Rs 6,000 per year is provided to eligible beneficiary farmer families across India, in three equal installments of Rs 2,000 each, every four months. The amount is directly transferred to the bank accounts of the beneficiaries through Direct Benefit Transfer (DBT) mode.
**Registration Process:**
Farmers have to register themselves through the official PM-KISAN portal or through the nearest Common Service Centres (CSC). The necessary documents required for registration include:
1. Landholding papers
2. Aadhaar card
3. Bank account details
**Implementation Mechanism:**
The scheme is implemented through an institutional mechanism constituted at the State, District, and Sub-District levels. The State Government and UT Administration are responsible for identification of the beneficiaries, uploading their details on the PM-KISAN portal, and ensuring the correctness of the data.
**Monitoring and Grievance Redressal:**
The scheme includes a built-in monitoring mechanism and a grievance redressal system which involves periodic review meetings at the national, state, and district levels. Farmers can also check their payment status or registration details on the official PM-KISAN website and use the helpline numbers provided for any assistance or queries.
**Recent Updates:**
The Government has periodically made adjustments to the scheme to make it more inclusive. For instance, in June 2019 it was expanded to cover all farmers in the country, irrespective of the size of their landholdings.
**Impact and Significance:**
The PM-KISAN scheme has become a critical financial support mechanism, especially during the times of unforeseen events like natural calamities or the Covid-19 pandemic. This has ensured that the rural economy stays robust and the farming community remains resilient against financial distress.
In summary, PM-Kisan Samman Nidhi is a stride by the Indian Government towards enhancing the financial condition of the farming sector, ensuring that the backbone of the Indian economy – the farmers, are well-supported and empowered to continue their vital role in sustaining the nation’s food security and rural economy.