The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana is a flagship scheme of the Government of India aimed at providing financial assistance to farmers across the country. The scheme was launched in February 2019, and it provides an income support of Rs. 6,000 per year to farmers in three equal installments of Rs. 2,000.
To receive the benefits of the PM-KISAN scheme, farmers need to enroll themselves under the scheme. Enrollment can be done both online and offline through various channels such as Common Service Centres (CSCs), agricultural offices, and banks. After successful enrollment, the farmer’s name, bank account details, and other information are uploaded onto the PM-KISAN portal for further processing.
Once the information is verified, the first installment of Rs. 2,000 is credited directly to the farmer’s bank account. The second installment is credited after six months of the first installment, while the third and final installment is credited after another six months.
It is important to note that the PM-KISAN scheme is only applicable to small and marginal farmers. Small and marginal farmers are defined as those with a landholding of up to 2 hectares. Large farmers with land holdings of more than 2 hectares are not eligible for the benefits of this scheme.
Another important criterion for receiving benefits under the PM-KISAN scheme is that the farmer should have an active and operational bank account. This is because the benefits are directly credited to the farmer’s bank account.
In conclusion, the PM-KISAN scheme has been a boon for small and marginal farmers across the country. The scheme has provided financial support to millions of farmers, improving their livelihoods and ensuring food security for the country. The process for installment of account under the PM-KISAN scheme is simple, and eligible farmers are encouraged to enroll themselves under the scheme to avail the benefits.