Mukhya Mantri Kisan Samman Nidhi Yojna is a government scheme aimed at providing financial assistance to farmers in India. The scheme was launched with the objective of financially empowering farmers and ensuring their welfare.
Under the Mukhya Mantri Kisan Samman Nidhi Yojna, eligible farmers receive direct income support of Rs. 6,000 per year in three equal instalments. This financial assistance is provided to help farmers meet their agricultural expenses and improve their overall economic condition.
The scheme is open to all small and marginal farmers who own less than 2 hectares of land. The financial assistance is directly transferred to the bank accounts of the eligible farmers through direct benefit transfer (DBT) mode. This helps in ensuring transparency and efficiency in the disbursement of funds.
The Mukhya Mantri Kisan Samman Nidhi Yojna has been instrumental in providing much-needed support to farmers, especially during times of distress. The financial assistance provided under the scheme helps farmers in meeting their agricultural expenses, purchasing seeds, fertilizers, and other inputs, and ensuring a better livelihood.
The scheme has been lauded for its effectiveness in improving the economic condition of farmers and reducing their dependency on informal sources of credit. It has also contributed towards increasing the income of farmers and boosting agricultural productivity.
Overall, the Mukhya Mantri Kisan Samman Nidhi Yojna has been a significant step towards ensuring the welfare of farmers and promoting sustainable agricultural practices in India. The scheme has brought about a positive change in the lives of farmers by providing them with financial support and encouragement to continue their farming activities.