As of 2021, the Pradhan Mantri Kisan Samman Nidhi Yojana (PM Kisan Yojana) is an ongoing scheme implemented by the government of India. The scheme was launched in 2019, with the aim of providing financial assistance to small and marginal farmers across the nation.
Under the scheme, eligible farmers receive a sum of Rs. 6,000 annually in their bank accounts, in three equal instalments of Rs. 2,000 each. The amount is provided to farmers to help them cope with the high input costs of farming and ensure their livelihood.
The PM Kisan Yojana is a 100% centrally funded scheme and is one of the largest direct benefit transfer schemes in the world. As per government records, around 10.75 crore farmers are currently covered under this scheme across the country.
In order to be eligible for the scheme, farmers must meet certain criteria such as possessing a valid landholding certificate, having a bank account in their name, and being an Indian citizen. Additionally, farmers who belong to certain categories such as serving or retired defence personnel, government or state PSU employees, pensioners and professionals such as doctors and lawyers are not eligible for the scheme.
The PM Kisan scheme has been highly appreciated by farmers, as it has provided them with much-needed financial assistance. The scheme aims to double the income of farmers by 2022 and ensure their overall socio-economic development.
Despite the success of the scheme, there have been some challenges in its implementation. Several farmers have reported that they have not received the financial assistance despite being eligible. However, the government has assured that they are taking steps to rectify these issues and ensure that all eligible farmers receive the benefits of the scheme.
Overall, the Pradhan Mantri Kisan Samman Nidhi Yojana is a crucial scheme for farmers across India, providing them with financial assistance and promoting their overall growth and development. The scheme’s status remains active, and the government is committed to ensuring it benefits all eligible farmers.