Pradhan Mantri Samman Nidhi Yojana is a welfare scheme launched by the Government of India in February 2019. The scheme targets poor farmers who are unable to afford basic amenities such as food, clothing, and shelter. The main aim of the scheme is to provide financial assistance to farmers in the form of direct cash transfer to their bank accounts. Beneficiaries of the scheme are selected based on certain criteria, which are discussed below.
To become a beneficiary of Pradhan Mantri Samman Nidhi Yojana, the farmer must meet certain eligibility criteria. The farmer must have a smallholding of up to 2 hectares of land, and he or she must be a resident of India. The farmer must also belong to a family that does not pay income tax. This means that the annual income of the family should be less than Rs. 2.5 lakhs.
Once the farmer meets the eligibility criteria, he or she can apply to become a beneficiary of the scheme through the official website of the scheme. Upon successful registration, the farmer’s details would be verified through the Aadhaar card and other government documents. After the verification process, the farmer will receive a notification regarding the approval of his or her application.
The beneficiaries of Pradhan Mantri Samman Nidhi Yojana receive direct cash transfer of Rs. 6,000 in their bank accounts every year. The amount is transferred in 3 instalments of Rs. 2,000 each. The first instalment is transferred between December and March, the second instalment between April and July, and the third instalment between August and November.
The scheme has been a boon for many smallholder farmers in India. It has provided them with financial assistance that has enabled them to meet their basic needs. The scheme has also improved their standard of living, which in turn has supported the overall growth of the economy.
In conclusion, Pradhan Mantri Samman Nidhi Yojana is a welfare scheme that has been designed to provide financial assistance to smallholder farmers in India. The scheme has been successful in providing direct cash transfer to beneficiaries, which has enabled them to improve their standard of living. The eligibility criteria for becoming a beneficiary of the scheme is straightforward, and farmers are encouraged to apply for the scheme through the official website.