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Modification in the name under Pradhan Mantri Kisan Samman Nidhi Yojana

Title: Modifications in the Pradhan Mantri Kisan Samman Nidhi Yojana Name: Empowering Farmers’ Prosperity

Introduction:

The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) is a flagship program initiated by the Indian government to provide financial support to farmers across the country. Aimed at strengthening the economic stability of farmers, the scheme has played a crucial role in transforming Indian agriculture. Over the years, the government has made modifications to ensure its effective implementation and benefits reach the intended recipients reliably.

Enhancing Financial Assistance:

Originally launched in February 2019, the PM-KISAN scheme primarily aimed to provide an income support of ₹ 6,000 ($80) annually to over 125 million small and marginal farmers. However, realizing the necessity of increased support, the Modi government made significant modifications to the scheme.

In 2020, the annual assistance was enhanced to ₹ 6,000 (previously ₹ 2,000) for eligible farmers, disbursed in three equal installments of ₹ 2,000 each. By increasing the financial assistance, the government sought to address farmers’ concerns and further strengthen their financial stability throughout the year.

Expansion of Beneficiary Base:

Another significant modification to the PM-KISAN scheme was the broadening of its beneficiary base. The program initially covered only landowning farmers. However, recognizing the importance of landless farmers and their contribution to the agriculture sector, the government expanded the scheme’s reach to include them as well.

In September 2020, the government incorporated eligible landless farmers, sharecroppers, and tenant farmers under the scheme. By doing so, the government aimed to ensure that every hardworking individual involved in agriculture, irrespective of land ownership, receives the financial support they deserve.

Incorporating Aadhaar Authentication:

To streamline the disbursement process and prevent any leakages, the government introduced Aadhaar authentication into the PM-KISAN scheme. By linking the farmers’ unique Aadhaar identification number with their bank account details, the government aimed to verify the beneficiaries’ authenticity and eliminate any intermediaries.

Aadhaar authentication also helped in avoiding any duplication of beneficiaries and ensuring that the funds reach the intended recipients promptly. This modification, implemented in 2019, significantly improved the transparency and efficiency of the entire scheme.

Conclusion:

The Pradhan Mantri Kisan Samman Nidhi Yojana, through its various modifications, continues to empower farmers and enhance agricultural growth in the country. The government’s efforts to increase financial assistance, expand the beneficiary base, and incorporate Aadhaar authentication have helped address the needs of the farming community better.

As we move forward, it is crucial for policymakers to periodically evaluate and introduce necessary modifications to improve the scheme’s efficiency and inclusivity. By continually adapting to the evolving needs of the farmers, the PM-KISAN scheme will effectively contribute to the nation’s goal of doubling farmers’ incomes and ushering in an era of prosperity for the backbone of our economy.

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