PM Kisan Samman Nidhi Yojna is a prominent scheme launched by the Government of India for the welfare of farmers in the country. The scheme provides direct financial assistance to farmers to meet their agricultural needs and improve their standard of living.
Under the PM Kisan Samman Nidhi Yojna, eligible farmers receive an amount of Rs.6,000 per annum in three equal installments of Rs.2,000 each. The installments are credited directly to the bank accounts of the beneficiaries via Direct Benefit Transfer (DBT) mode. The scheme is effective from December 2018 and covers farmers across the country.
The first installment for the PM Kisan Samman Nidhi Yojna is credited in the month of April-July, the second installment in the month of August-November, and the third installment in the month of December-March. All the installments are directly credited to the bank account of the beneficiary farmer.
To be eligible for the PM Kisan Samman Nidhi Yojna, the farmer should have active farmland of up to 2 hectares. The scheme is specifically targeted at small and marginal farmers in the country. The scheme also covers eligible farmer families holding cultivable land up to 2 hectares, subject to certain exclusions.
The government of India has taken several initiatives recently to improve the reach and impact of the PM Kisan Samman Nidhi Yojna. The scheme has been extended to all farmers, including urban farmers, and the benefit has been enhanced to Rs.10,000 per annum per family under the Pradhan Mantri Garib Kalyan Yojana (PMGKY) announced by the government in the wake of the Covid-19 pandemic.
In conclusion, the PM Kisan Samman Nidhi Yojna is an essential scheme for the welfare of farmers in the country. The installment of financial assistance directly to the bank accounts of the beneficiaries has made the scheme more accessible and efficient. With the help of the scheme, farmers can improve their agricultural productivity and standard of living, thereby contributing to the overall development of the nation.