Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) is a scheme launched by the Government of India to provide financial assistance to small and marginal farmers. The scheme was announced in the interim budget of 2019 and was operational from December 1, 2018. Under the scheme, eligible farmers are provided direct income support of Rs. 6000 per year, payable in three equal instalments of Rs. 2000 each.
The aim of the scheme is to provide financial assistance to farmers so that they can meet their agricultural requirements and improve their standard of living. The scheme is expected to benefit around 12 crore small and marginal farmers across the country. The scheme is also expected to reduce the burden of farmers’ debts and help in the development of rural areas.
To be eligible for the scheme, farmers must be small and marginal landholders, with cultivable land of up to 2 hectares. The scheme is applicable to all farmers across the country, including those who belong to the tribal community. The scheme also covers farmers who are pensioners or are working in government or private sector jobs.
The scheme is being implemented by the Ministry of Agriculture and Farmers Welfare. The funds for the scheme are provided by the Central Government, and the payment is made to the farmers directly in their Aadhaar-linked bank accounts. The government has also developed a PM-KISAN mobile app that allows farmers to check their payment status and update their details.
To avail the benefits of the scheme, farmers are required to register themselves at the nearest Common Service Centre (CSC) or the authorised State Government Nodal Officer. The registration process is free of cost, and farmers only need to provide their Aadhaar number, bank account details, and landholding certificates.
In conclusion, Pradhan Mantri Kisan Samman Nidhi Yojana has been launched with the objective of providing financial assistance to small and marginal farmers in the country. The scheme is expected to reduce the burden of farmers’ debts, improve their standard of living and contribute to the development of rural areas. The scheme has received overwhelming support from the farming community and is making a positive impact on the lives of farmers in the country.