The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) is a flagship scheme launched by the Government of India to provide financial assistance to small and marginal farmers across the country. The scheme aims to ensure income support for farmers and enhance their financial stability.
Under the PM-KISAN scheme, eligible farmer beneficiaries receive direct income support of Rs. 6,000 per year, which is paid in three equal installments of Rs. 2,000 each. The financial assistance is transferred directly to the bank accounts of the farmers, thereby reducing middlemen and ensuring that the beneficiaries receive the full benefit.
The main objective of the PM-KISAN scheme is to alleviate the financial burden on small and marginal farmers who often face challenges, such as fluctuating crop prices, limited access to credit, and increasing input costs. By providing direct income support, the government aims to ensure that farmers have a stable income and can invest in their farms, purchase inputs, and improve their agricultural practices.
To be eligible for the scheme, farmers should meet certain criteria. Firstly, they should be a small or marginal farmer, which means they should have cultivable landholding of up to 2 hectares. Secondly, the scheme is available to all farmer families irrespective of their socio-economic status, but it excludes individuals who hold any public office. Additionally, farmers should have a valid Aadhaar number to avail of the benefits.
The PM-KISAN scheme was officially launched on February 24, 2019, by Prime Minister Narendra Modi. Since its inception, the scheme has had a widespread impact, reaching millions of farmers across the country. The government of India has dedicated significant resources to ensure the successful implementation of the scheme and has made efforts to streamline the beneficiary identification and payment processes.
To implement the scheme efficiently, the government has also developed the PM-KISAN portal. The portal acts as a platform for farmers to register themselves, make corrections in their details, and check the status of their payment. Additionally, state governments and Union Territories have been actively involved in the implementation and monitoring of the scheme to ensure its effective reach.
In conclusion, the Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) is a significant initiative by the Government of India to provide financial assistance and income support to small and marginal farmers. Through this scheme, farmers receive direct income support of Rs. 6,000 per year, which helps alleviate their financial burdens and promotes agricultural stability. The PM-KISAN scheme has had a positive impact on millions of farmers, ensuring a better livelihood for them and encouraging agricultural growth in the country.