The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme is a government initiative launched by the Ministry of Agriculture and Farmers Welfare in India to provide financial assistance to farmers. The main aim of this scheme is to ensure direct income support to small and marginal farmers.
Under the PM-KISAN scheme, eligible farmers receive income support of Rs. 6000 per year in three equal installments of Rs. 2000 each. This financial assistance is provided to help farmers meet their agricultural expenses and improve their overall livelihood.
To be eligible for the PM-KISAN scheme, farmers must be owners of cultivable land and must have a valid Aadhaar card. The scheme benefits small and marginal farmers who own up to 2 hectares of land. The financial assistance is directly transferred to the bank accounts of eligible farmers through Direct Benefit Transfer (DBT) mode.
The PM-KISAN scheme was launched in December 2018 by the Prime Minister of India, Narendra Modi. Since its inception, the scheme has benefitted millions of farmers across the country. The funds provided under the scheme help farmers purchase seeds, fertilizers, and other agricultural inputs, leading to an increase in agricultural productivity and income.
The PM-KISAN scheme is a significant step towards ensuring the economic well-being of farmers and reducing their financial burden. By providing direct income support to farmers, the government aims to improve the livelihoods of small and marginal farmers and boost the agricultural sector in India.
In conclusion, the PM-KISAN scheme is a crucial initiative aimed at supporting the agricultural community in India. It provides much-needed financial assistance to farmers, helping them improve their agricultural practices and achieve sustainable growth. With the continued support of the government, the PM-KISAN scheme is expected to benefit even more farmers in the years to come.