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Information about Pradhan Mantri Kisan Samman Nidhi Yojna

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Pradhan Mantri Kisan Samman Nidhi Yojna (PM-Kisan) is a scheme launched by the Government of India to provide financial support to farmers across the country. The scheme was launched in February 2019 and aims to provide a minimum income support to farmers to ensure that they are able to meet their basic household expenses and sustain their livelihoods.

Under PM-Kisan, eligible farmers are provided with an income support of Rs. 6000 per year in three equal instalments of Rs. 2000 each. The funds are directly transferred to the bank accounts of the beneficiaries through the Direct Benefit Transfer (DBT) system. The first instalment is given from April to July, the second from August to November and the third from December to March.

To be eligible for the PM-Kisan scheme, farmers must be the owner or cultivator of land and also must be registered in the Land Records of the country. The scheme is applicable to small and marginal farmer families, which mean that households with a cultivable landholding of up to 2 hectares are eligible for this scheme. Additionally, any farmer who receives a monthly pension of Rs. 3000 or above is not eligible for this scheme.

The scheme was launched with an aim to complement the efforts of the state governments in providing support to farmers, which in turn will help in increasing their income and uplifting their standard of living. It is estimated that the PM-Kisan scheme will benefit around 12 crore farmers across the country.

The PM-Kisan scheme is expected to have a significant impact on the lives of farmers across the country. As the scheme provides a minimum income support, it will help farmers to stabilize their income. Additionally, by providing financial assistance directly to the bank accounts of the beneficiaries, it eliminates the possibility of middlemen siphoning off the funds.

In conclusion, the PM-Kisan scheme is a potent tool in the hands of the government to provide much-needed financial assistance to farmers across the country. With its implementation, farmers will have a dependable source of income that will help them to meet their basic expenses and improve their overall standard of living.

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