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Information about Pradhan Mantri Kisan Samman Nidhi Yojna

Sure, here’s an article about Pradhan Mantri Kisan Samman Nidhi Yojna:

Pradhan Mantri Kisan Samman Nidhi Yojna (PM-Kisan) is a central government scheme that was launched on February 24, 2019. The aim of the scheme is to provide financial assistance to farmers and to support their income requirements for procuring various inputs associated with agriculture.

Under this scheme, an income support of Rs. 6,000 per year is provided to eligible farmers in three equal installments. The scheme is applicable to all farmers who own cultivable land and are already registered under the Pradhan Mantri Fasal Bima Yojana, Kisan Credit Card scheme, or any other scheme that is being run by the central or state government.

The first installment of the PM-Kisan scheme was disbursed on February 24, 2019, and since then, the scheme has provided timely financial assistance to farmers across the country. As per the data from the government, almost 10 crore farmers have been registered under the scheme.

The aim of the PM-Kisan scheme is to provide a stable source of income to farmers and to support the agriculture sector of the country. The scheme ensures that farmers have the means to procure various inputs associated with agriculture and also enhances their purchasing power. The scheme also encourages farmers to adopt modern farming practices and new technologies.

The PM-Kisan scheme has played a crucial role in supporting farmers during the COVID-19 crisis, as the pandemic has resulted in disruptive supply chains and disrupted the market prices for agricultural produce. The scheme ensured that farmers received financial assistance during the lockdown period and helped them cope with the challenges posed by the pandemic.

In conclusion, the PM-Kisan scheme is a significant initiative by the government to support small and marginalized farmers. The scheme has been successful in providing a stable source of income to farmers and has also helped in boosting the agricultural economy of the country. With its help, farmers can procure various inputs and modern farming equipment to increase their yield and contribute to the growth of the economy.

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