The Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme is a government initiative aimed at supporting farmers by providing them with financial assistance. Under this scheme, eligible farmers receive a direct income support of Rs. 6,000 per year, paid in three equal installments of Rs. 2,000 each. The financial assistance is transferred directly to the bank accounts of the beneficiary farmers, can be a great relief to them.
To be eligible for the PM-Kisan scheme, farmers must meet certain criteria. The beneficiaries should be small and marginal farmers, owning up to 2 hectares of land. The scheme is also applicable to farmer families who practice animal husbandry or fishing, as long as they meet the landholding criteria. Additionally, farmers who have taken a loan from the government for agricultural purposes are also eligible for the scheme.
The PM-Kisan scheme aims to provide financial support to farmers to help them meet their agricultural expenses and improve their livelihood. The scheme is a step towards ensuring financial security for farmers and reducing their dependence on unreliable sources of income. By providing direct income support, the government aims to empower farmers and improve their standard of living.
The PM-Kisan scheme has had a significant impact on the lives of millions of farmers across the country. The financial assistance provided under the scheme has helped farmers meet their agricultural expenses and improve their productivity. The scheme has also helped in reducing the financial burden on farmers and ensuring their financial stability.
Overall, the PM-Kisan scheme has been a game-changer for farmers in India. By providing direct income support, the scheme has helped in improving the financial security and livelihood of farmers. The scheme has been widely appreciated by farmers and has been instrumental in transforming the agricultural landscape in the country.