The Mantri Kisan Samman Nidhi Yojna (M-KSNY) is a scheme launched by the Government of India to support small and marginal farmers. The scheme aims to provide financial assistance to these farmers in order to help them sustain their agricultural practices and raise their income. Under this scheme, farmers are eligible to receive Rs. 6,000 annually paid out in 3 instalments of Rs. 2,000 each.
The scheme was launched in February 2019 and has been implemented across the country. According to the government, this scheme has helped about 14 crore farmers across the country.
Eligibility Criteria for M-KSNY
To avail benefits under the M-KSNY scheme, farmers must meet the following eligibility criteria:
– The farmer must be a citizen of India.
– The farmer must own cultivable land in his or her name.
– The farmer’s landholding must be less than 2 hectares (5 acres).
– The farmer must have a valid Aadhaar card.
– If the farmer has any disputes with regards to land ownership, it must be resolved before applying for the scheme.
How to Apply for M-KSNY
Farmers who meet the eligibility criteria for the M-KSNY scheme can apply through the following steps:
– Visit the official website of the M-KSNY scheme – https://pmkisan.gov.in/.
– Click on the “New Farmer Registration” tab on the home page.
– Enter the required details such as Aadhaar number, name, mobile number, and bank account details.
– Verify the details and click on the “Submit” button.
– Once the application is processed, the farmer will receive a notification indicating whether he or she is eligible for the scheme.
Benefits of M-KSNY
The M-KSNY scheme provides multiple benefits to small and marginal farmers. These benefits include:
– Financial assistance to farmers to help them meet their agricultural expenses.
– The scheme provides farmers with a regular flow of income in order to support their livelihoods.
– The scheme ensures that farmers receive regular financial assistance from the government, thereby reducing their reliance on informal sources of credit and reducing the burden of debt.
– The M-KSNY scheme also helps to improve the economic condition of small and marginal farmers, ultimately helping to boost the rural economy.
In conclusion, the Mantri Kisan Samman Nidhi Yojna is a crucial scheme launched by the government of India to provide financial assistance to small and marginal farmers. The scheme offers significant benefits to these farmers, ranging from a regular flow of income to support with agricultural expenses. With the implementation of the M-KSNY, millions of farmers across the country have been able to improve their economic conditions and raise their standard of living.