The Kisan Samman Nidhi Scheme, also known as the Pradhan Mantri Kisan Samman Nidhi Yojana, is a government initiative aimed at providing financial support to small and marginal farmers across India. Launched in February 2019, this scheme aims to supplement the income of farmers and ensure their financial stability.
Under the Kisan Samman Nidhi Scheme, eligible farmers receive financial assistance of Rs. 6,000 per year in three equal installments. The funds are directly transferred to the bank accounts of the beneficiaries through Direct Benefit Transfer (DBT) mode. This ensures transparency and eliminates middlemen, ensuring that the benefits reach the intended beneficiaries.
To be eligible for the scheme, farmers must own less than 2 hectares of cultivable land. The scheme covers all landholding farmers, including tenants and sharecroppers. The scheme also benefits farmer families who do not have any land but are engaged in farming activities.
The Kisan Samman Nidhi Scheme has brought significant relief to farmers, especially during times of distress such as crop failure, natural disasters, or market fluctuations. The financial assistance provided under the scheme helps farmers meet their immediate agricultural needs, such as buying seeds, fertilizers, and other inputs.
Apart from financial assistance, the government also offers various other support measures to help farmers improve their agricultural productivity. This includes providing access to credit, crop insurance, irrigation facilities, and agricultural extension services.
The implementation of the Kisan Samman Nidhi Scheme has been highly successful, with millions of farmers benefiting from the scheme. The scheme has not only provided financial assistance to farmers but has also improved their livelihoods and helped in reducing rural poverty.
In conclusion, the Kisan Samman Nidhi Scheme is a commendable initiative by the government to support small and marginal farmers in India. By providing financial assistance and other support measures, the scheme aims to ensure the welfare and financial stability of farmers, ultimately contributing to the growth of the agricultural sector in the country.