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The Prime Minister Kisan Samman Nidhi scheme is an ambitious initiative by the Government of India that aims to provide financial aid to farmers across the country. Under this scheme, eligible farmers are provided with Rs. 6000 per annum, directly transferred into their bank accounts in three equal instalments of Rs. 2000 each.
The PM-Kisan scheme was launched by the Prime Minister of India in 2019, and since then, it has benefited millions of farmers across the country. The scheme aims to provide financial assistance to small and marginal farmers who own land less than two hectares (approximately 5 acres) to enable them to purchase inputs such as seeds, fertilizers, and other necessary resources for farming.
The instalment of the Prime Minister Kisan Samman Nidhi is usually credited to the farmers’ bank accounts in the months of April, August, and December. However, during the COVID-19 pandemic, the central government decided to credit the instalments for the first and second quarters (April-June and July-September) together, thereby providing Rs. 4000 in a single instalment to the eligible farmers.
The Prime Minister Kisan Samman Nidhi scheme has proven to be a boon to farmers across the country, and it has helped in increasing their income and improving their standard of living. The scheme has also helped in reducing the economic distress faced by small and marginal farmers who are often landless and depend on farming for their livelihood.
To avail the benefits of the PM-Kisan scheme, farmers are required to register themselves through the official website or offline mode by visiting the nearest agriculture department office. The registration process is simple and requires farmers to provide their Aadhaar card, bank account details and landholding documents.
In conclusion, the Prime Minister Kisan Samman Nidhi scheme is one of the most significant initiatives of the Government of India, aimed at providing financial assistance to farmers across the country. The instalment of the scheme is usually credited to the farmers’ bank accounts in three equal instalments, and it has proven to be of considerable help in improving the lives of farmers in India.