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PM Kisan Samman Nidhi Yojana information

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PM Kisan Samman Nidhi Yojana Information

PM Kisan Samman Nidhi Yojana is a welfare scheme launched by the government of India in 2019 to give financial assistance to the farmers of the country. The scheme seeks to provide financial support of Rs 6,000 per year to the small and marginal farmers across the country. The PM Kisan Samman Nidhi Yojana aid is given in three instalments of Rs 2,000, credited into the farmer’s account directly, every four months. The aim of this scheme is to provide timely financial assistance to farmers for their agricultural needs and to ensure a better life for them.

Eligibility: To avail the benefits of the PM Kisan Samman Nidhi Yojana, the farmers must fulfil the following eligibility criteria:

1. The applicant should be a cultivator or farmer, who owns cultivable land.

2. The applicant should be a small and marginal farmer. A small farmer is the one who cultivates a land area of fewer than 2 hectares, and a marginal farmer is the one who cultivates a land area of less than 1 hectare.

3. The scheme is designed for landowners only. Therefore, tenant farmers are not eligible for benefits.

4. The applicant should have a valid Aadhaar Card and a verified bank account.

5. The scheme is applicable to all farmers across the country, irrespective of their caste, religion, and gender.

Benefits: The PM Kisan Samman Nidhi Yojana provides financial assistance of Rs 6,000 per year to a small and marginal farmer. This scheme is highly beneficial for farmers as it can help them in numerous ways:

1. Farming expenses: Farmers can utilize the financial assistance to meet the expenses of seeds, fertilizers, and pesticides, which are essential inputs for crop production.

2. Crop diversification: The scheme will help farmers to diversify their crops, adopt new technologies, and use improved seeds.

3. Credit facility: Farmers can use the financial aid to procure new agricultural machinery or to repay their debts, saving them from the burden of debt.

4. Livelihood support: The scheme will help small and marginal farmers to maintain their livelihood by providing them with a fixed annual income.

Application process: The application process for the PM Kisan Samman Nidhi Yojana is straightforward and can be done online through the official website. The applicant must fill in the KYC (Know Your Customer) details and link their bank account with their Aadhaar Card. The details of the scheme along with the application process can be found on the official website of PM Kisan Samman Nidhi Yojana.

Conclusion: The PM Kisan Samman Nidhi Yojana is a remarkable initiative to support small and marginal farmers of the country. This scheme will provide financial assistance to millions of farmers, ensuring a better life and a secure future for them. If the scheme is implemented efficiently, it will contribute hugely to India’s overall economic development.

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