Yes, here is the article on Pradhan Mantri Kisan Samman Nidhi Yojna:
Pradhan Mantri Kisan Samman Nidhi Yojna, also known as PM-KISAN, is a government scheme launched to provide financial assistance to the farmers of India. The scheme was officially launched on 1st February 2019 by the Central Government of India.
Under this scheme, eligible farmers are entitled to receive a sum of Rs. 6,000 per year as direct income support. The amount is allocated in three equal instalments of Rs. 2,000 each, credited to the bank accounts of the beneficiaries. The scheme aims to provide financial assistance to the farmers for their agricultural needs, and to reduce farmer distress in the country.
To be eligible for the scheme, farmers must fulfill certain criteria. They must be resident Indian citizens and farmers who own cultivable land of up to two hectares. The benefits of the scheme are applicable to all farmers irrespective of their social status, caste, and religion. However, the income tax-paying farmers, former and present MPs, MLAs, and other public representatives, government employees, and pensioners are not eligible for the scheme.
The scheme is an attempt to address the issues of farmer distress and the growing burden of farmer loans. The scheme provides a minimum guaranteed income to the farmers and aims to improve the financial condition of the farming community. The initiative has helped to boost the income of farmers who were struggling with a lack of financial resources.
The scheme’s implementation is carried out through the state governments who are responsible for registering the farmers, verifying the land records, and transferring the funds to the beneficiaries. The registration process involves the collection of information such as the farmer’s name, Aadhaar number, bank account details and land records.
The government has set a target to benefit 14.5 crore farmers through the scheme, and the scheme has been extended for the next five years till 2024. With the increase of farming inputs and inflation, the government may choose to increase the assistance amount in the future.
In conclusion, the Pradhan Mantri Kisan Samman Nidhi Yojna scheme is a significant initiative taken by the Indian government to address the financial needs of farmers and to reduce farmer distress in the country. With the aim of providing financial assistance to 14.5 crore farmers, the scheme has been successful in providing a minimum guaranteed income to the farmers and enhancing their livelihood.