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PM-Kisan Samman Nidhi Yojana Information: Everything You Need to Know
The PM-Kisan Samman Nidhi Yojana is a scheme that was launched by the Government of India in February 2019. The purpose of this scheme is to provide financial assistance to farmers in order to help them meet their farming needs and expenses.
Under this scheme, eligible farmers will receive an annual sum of Rs. 6,000 per year in three equal installments directly into their bank accounts. The scheme was initially targeted to cover around 12 crore farmers, with landholding of up to two hectares.
Key Features of PM-Kisan Samman Nidhi Yojana:
– Eligibility: All small and marginal farmers holding cultivable land up to 2 hectares are eligible for this scheme.
– Installment: The scheme provides Rs. 6,000 as a one-time payment in three equal installments every four months.
– Mode of payment: The payment is made directly into the beneficiaries’ Aadhaar linked bank accounts.
– Eligibility criteria: Farmers who are already covered under other Central or State Government Schemes including farmers who have opted for the Pradhan Mantri Fasal Bima Yojana or Pradhan Mantri Jan Dhan Yojana are not eligible for the benefit, unless they meet the specified eligibility criteria.
– Registration Process: The registration for PM-Kisan can be done at the official website of the scheme, https://pmkisan.gov.in/. The other ways for registration are the Common Service Center (CSCs), Krishi Vigyan Kendras (KVKs) and other government authorized centers.
The scheme has helped farmers in meeting their various agricultural expenses and improving their farming practices. The financial aid provided to the farmers also ensures that they are able to increase their production and productivity in the long run. Additionally, it provides a boost to the rural economy, which is largely dependent on agriculture.
In conclusion, PM-Kisan Samman Nidhi Yojana has been a significant initiative to support and uplift the small and marginal farmers of the country. It has provided an opportunity for farmers to receive financial assistance for their farming operations and expenses. As the scheme continues to benefit more farmers, it is expected to transform the rural agricultural landscape of the country.