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PM-Kisan Samman Nidhi Yojana

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The PM-Kisan Samman Nidhi Yojana is a government scheme launched by Prime Minister Narendra Modi in 2018 to provide financial assistance to small and marginal farmers across India. It is aimed at providing income support to farmers for their agricultural needs and to ensure a better standard of living for them and their families.

Under this scheme, eligible farmers receive an income support of Rs. 6,000 per year in three equal instalments of Rs. 2,000 directly into their bank accounts. The first payment is made from the month of April to July, the second from August to November, and the third from December to March.

To qualify for the scheme, farmers must own cultivable land up to 2 hectares, and the benefit is limited to the first two members of a family. The scheme is applicable to all farmers whether they are engaged in agricultural activities with their own land or work as tenant farmers.

The benefits of the PM-Kisan Samman Nidhi Yojana are vast. The scheme assists farmers in meeting their basic necessities, such as seeds, fertilizers, and other inputs needed for farming. This helps them to improve the quality and quantity of their produce and hence, earn higher incomes. In addition, the income support provided under the scheme helps to reduce the burden of existing loans or ensures that the farmers are not trapped in a debt cycle.

The PM-Kisan Samman Nidhi Yojana is also playing a key role in reducing poverty in rural areas by ensuring economic stability among farmers. In addition, it has helped farmers to access various government schemes, enabling them to get a higher return on their investment and improve their overall agricultural productivity.

To enroll in the scheme, farmers can visit their nearest Common Service Centre (CSC), or they can contact their banks or Lekhpal for registration. The PM-Kisan Samman Nidhi Yojana is a significant initiative by the government of India to provide financial assistance and alleviate poverty from small and marginal farmers. The scheme has made a positive impact on farmers across the country and has helped them to overcome financial hardships and improve their quality of life.

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