PM Kisan Samman Nidhi is a government initiative launched by Prime Minister Narendra Modi in 2018 with the aim of providing financial support to farmers across the country. The scheme provides an income support of Rs. 6000 per year to all eligible farmers in three equal installments.
The scheme is aimed at ensuring a minimum income for farmers and helping them meet their financial needs. With the majority of India’s population depending on agriculture for their livelihood, the PM Kisan Samman Nidhi scheme is seen as a significant step towards improving the economic condition of farmers.
Under the scheme, small and marginal farmers who own less than 2 hectares of land are eligible to receive the financial assistance. The funds are directly transferred to the bank accounts of the beneficiaries through Direct Benefit Transfer (DBT) mode. The scheme has brought relief to many farmers who were struggling with financial constraints and has helped in reducing rural distress.
One of the key features of the PM Kisan Samman Nidhi scheme is its simple and hassle-free application process. Farmers can easily apply for the scheme through the official website or by visiting the nearest Common Service Center (CSC). The scheme has also been extended to cover farmers who are involved in animal husbandry and fisheries.
The PM Kisan Samman Nidhi scheme has been widely praised for its impact on the lives of farmers and has been successful in reaching out to a large number of beneficiaries. The scheme has not only provided financial support to farmers but has also encouraged them to adopt modern agricultural practices and increase their productivity.
Overall, the PM Kisan Samman Nidhi scheme has played a crucial role in supporting the agriculture sector and ensuring the welfare of farmers in the country. The government continues to expand the reach of the scheme and make it more inclusive to benefit a larger section of the farming community.