Pradhan Mantri Kisan Samman Nidhi Yojna (PM-KISAN) is a scheme that was launched by the Government of India in February 2019, with the aim of providing financial assistance to farmers across the country. Under this scheme, eligible farmers receive a direct cash transfer of Rs. 6,000 per year, which is paid out in three instalments.
The scheme was announced in the Union Budget of 2019-20, and was rolled out in all states and Union Territories of India. The primary objective of the scheme is to provide financial support to farmers who are facing economic distress, and to boost their income.
Under the PM-KISAN scheme, all landholding farmers with cultivable land are eligible to receive financial assistance. The scheme covers all categories of farmers, including small, marginal, and farmer families that own up to 2 hectares of cultivable land.
To avail of the scheme, farmers have to register for the program through the PM-KISAN portal, or at the nearest agriculture department office. The benefits are paid out through direct benefit transfer (DBT) to the registered bank accounts of the farmers.
The scheme has several benefits for farmers. It provides a stable income source to farmers, which helps to support their families and cover the costs of agricultural production. It also helps to prevent distress migration in rural areas, and provides a boost to rural economies.
The PM-KISAN scheme has been implemented successfully across the country, and has received positive feedback from farmers. The scheme has enabled farmers to invest in better agricultural practices, improve their farm productivity, and enhance their livelihoods.
In conclusion, the Pradhan Mantri Kisan Samman Nidhi Yojna is a significant initiative by the Government of India to provide financial assistance to farmers across the country. The scheme has the potential to transform the lives of millions of farmers, and to empower them by providing a stable source of income.