As part of the Pradhanmantri Kisan Samman Nidhi Yojana (PM-KISAN Yojana), the Government of India has implemented an electronic Know Your Customer (e-KYC) process. This process enables eligible farmers to register and receive financial benefits under the scheme without going through an extensive documentation process.
The PM-KISAN Yojana initiative aims to benefit small and marginal farmers across the country by providing financial assistance of up to INR 6,000 per year, payable in three equal installments of INR 2,000 each. However, for farmers to receive these benefits, they have to first register themselves under the scheme by providing certain personal and agricultural details.
Through the e-KYC process, the government aims to make the registration process more convenient and faster for farmers. Instead of visiting government offices and submitting physical documents, farmers can now register themselves online by providing their Aadhaar number and biometric authentication. The e-KYC process also ensures that the registration details are accurate and eliminates the possibility of duplicate registrations.
The e-KYC process has made the PM-KISAN Yojana scheme more accessible to farmers living in remote and rural areas, where visiting government offices can be a time-consuming and expensive affair. The online registration process can be accessed from any location with an internet connection, using a mobile phone or a computer.
To make the e-KYC process more efficient, the government has also developed a mobile application called PM-KISAN mobile app. This app enables farmers to download their identity cards, check their payment status, and update their personal and agricultural details on a real-time basis. The app also provides detailed information about the scheme’s features and benefits, making it easier for farmers to understand and avail of the benefits.
In conclusion, the e-KYC process for the PM-KISAN Yojana initiative is a significant step towards providing hassle-free financial assistance to small and marginal farmers across the country. The process has made the registration and payment processes easier, faster, and more efficient for farmers, and has also reduced the possibility of fraud and corruption. With the continued use of technology, the government can ensure that more farmers can benefit from the scheme and contribute to the growth of the agriculture sector.