The Kisan Samman Nidhi Yojna is a government scheme aimed at providing financial support to farmers across India. Launched by the central government in February 2019, this scheme is also known as the PM-Kisan Yojna.
Under this scheme, small and marginal farmers who own less than 2 hectares of land are eligible to receive a direct cash transfer of Rs. 6,000 per year. This amount is provided in three equal installments of Rs. 2,000 each, directly into the beneficiaries’ bank accounts.
The main objective of the Kisan Samman Nidhi Yojna is to provide much-needed financial assistance to farmers to help them meet their agricultural needs and improve their livelihood. This scheme aims to ensure the economic well-being of farmers and prevent distress in the agrarian community.
To avail the benefits of this scheme, farmers need to register online on the PM-Kisan Yojna portal or visit the nearest Common Service Centre (CSC) to apply. The government has also relaxed the documentation requirements for farmers to make it easier for them to enroll in the scheme.
Since its launch, the Kisan Samman Nidhi Yojna has made a significant impact on the lives of millions of farmers across the country. The direct cash transfers have helped farmers invest in better agricultural practices, purchase quality seeds and fertilizers, and improve their overall productivity.
Overall, the Kisan Samman Nidhi Yojna is a crucial step towards ensuring the welfare of farmers in India. By providing financial assistance directly to farmers, the government is not only addressing their immediate needs but also empowering them to enhance their income and contribute to the growth of the agricultural sector.