The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-Kisan) is a government scheme launched in 2019 with the aim of providing financial support to small and marginal farmers across India. The scheme aims to ensure a minimum income support of Rs. 6,000 per year to eligible farmers, to help them meet their agricultural expenses and improve their quality of life.
Under the PM-Kisan scheme, eligible farmers receive financial assistance of Rs. 6,000 per year in three equal installments of Rs. 2,000 each, directly into their bank accounts. The scheme is applicable to all small and marginal farmers who own up to 2 hectares of land and is voluntary for those who own more than 2 hectares of land.
To be eligible for the scheme, farmers are required to possess a valid Aadhaar card and a valid bank account. The government has made it easy for farmers to apply for the scheme by setting up dedicated PM-Kisan portals and centers where they can register online or offline. The scheme is also self-declaratory, and farmers can apply for the scheme by self-certifying their land ownership status.
The PM-Kisan scheme has benefitted millions of small and marginal farmers across India by providing them with much-needed financial assistance. The scheme has not only helped farmers meet their agricultural expenses but has also improved their standard of living by providing them with a stable source of income.
Overall, the Pradhan Mantri Kisan Samman Nidhi Yojana is a significant government initiative aimed at ensuring the welfare of small and marginal farmers in the country. By providing financial support to these farmers, the government is not only empowering them economically but also ensuring the growth and development of the agriculture sector in India.