Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) is a scheme launched by the Government of India in February 2019 to provide financial assistance to farmers across the country. The scheme aims to support the income of small and marginal farmers who have less than two hectares of land. Under this scheme, the government provides an income support of Rs 6,000 per annum to eligible farmers.
The PM-KISAN scheme is being implemented by the Ministry of Agriculture and Farmers Welfare, Government of India. It is one of the largest direct benefit transfer (DBT) schemes in the world and covers more than 10 crore farmers across the country.
Eligibility Criteria
The following are the eligibility criteria for farmers who wish to avail the benefits of the PM-KISAN scheme:
1. The farmer must be a citizen of India.
2. The farmer should own cultivable land up to two hectares.
3. The farmer should have a valid Aadhaar number.
4. The farmer should have a designated bank account linked to their Aadhaar number.
Benefits of PM-KISAN
The primary benefit of the PM-KISAN scheme is the financial assistance that eligible farmers receive. Under this scheme, farmers receive Rs 6,000 per annum directly into their bank accounts in three equal installments of Rs 2,000 each. The scheme aims to support the income of small and marginal farmers who face financial difficulties during crop failures, natural disasters and other unforeseen circumstances.
Another advantage of the PM-KISAN scheme is that it provides a direct benefit transfer system. This means that the government transfers the amount to the bank account of the beneficiary farmer, ensuring that there is no middleman involved. It helps to eliminate corruption and ensures that the right person receives the benefit.
Conclusion
The PM-KISAN scheme is an important initiative by the Government of India to help farmers who have been facing financial difficulties. The scheme has helped millions of farmers across the country who are struggling to make a living from farming. The direct transfer of funds to the bank account of the beneficiary has helped to reduce red-tapism and ensures that the benefit reaches the intended recipient. Overall, the PM-KISAN scheme is a step toward empowering farmers and improving their livelihood.