Pradhan Mantri Kisan Samman Nidhi Yojana, also known as PM-KISAN, is a scheme launched by the Indian government to provide financial assistance to small and marginal farmers across the country. The scheme was first introduced in the interim budget of 2019 and was officially launched on 24th February 2019 by the Prime Minister Narendra Modi.
Under the PM-KISAN scheme, eligible farmers receive a direct income support of Rs. 6,000 per year in three installments of Rs. 2000 each. The scheme is aimed at providing a much-needed relief to the farmers who have been facing the brunt of low crop prices, droughts, and other natural calamities.
The eligibility criteria for the scheme is that the farmer must be a resident of India, owning cultivable land up to two hectares. The scheme is applicable to all farmers who meet the eligibility criteria, including the farmers who belong to the tribal community. The farmers who belong to the following categories are not eligible for the scheme: farmers who pay Income Tax, serving or retired government employees, and those who own land more than two hectares.
The PM-KISAN scheme requires eligible farmers to register themselves with their respective State or Union Territory agriculture department. The registration process is simple and can be done online or by visiting the local agriculture department office. Once registered, the farmers will receive their first installment of Rs. 2,000, and the remaining two installments will be transferred to their bank accounts later in the year.
The PM-KISAN scheme is expected to benefit around 12 crore small and marginal farmers across the country, providing them with a stable income source and helping them improve their standard of living. It is an important initiative by the government to support the farmers and ensure their prosperity.
In conclusion, the Pradhan Mantri Kisan Samman Nidhi Yojana scheme is a significant step taken by the Indian government towards the welfare of farmers. It is an excellent initiative that provides direct financial assistance to small and marginal farmers, helping them cope with the uncertainties of farming and also providing a stable income source. It is a step towards empowering the farmers and ensuring their prosperity.