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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 government scheme launched on 1st December 2018 by the Prime Minister of India, Narendra Modi. The scheme aims to provide income support to farmers by transferring the amount directly to their bank accounts. This will enable farmers to meet their expenses for agricultural inputs such as seeds, fertilizers and other agricultural equipment.

Under the scheme, an amount of Rs. 6000 per year will be provided to each eligible farmer in three installments of Rs. 2000. The first installment will be paid between April and July, the second installment will be paid between August and November, and the third installment will be paid between December and March.

The scheme has been implemented with strict guidelines to ensure that only eligible farmers receive the benefits. Farmers who have cultivable land up to 2 hectares are eligible for the scheme. The scheme is applicable to farmers across the country irrespective of their religion, caste, gender or age.

The scheme has been a great relief for farmers who were struggling to make ends meet due to a decline in agricultural productivity, natural calamities and other challenges. By providing direct income support, the scheme has helped the farmers to invest in their farms and reap better yields. Moreover, the scheme has also promoted financial inclusion by linking farmers’ bank accounts with Aadhaar and mobile numbers, thus facilitating easy and quick transfer of the funds.

PM-Kisan Samman Nidhi Yojana has been welcomed by various stakeholders, including farmers, agricultural experts, economists and policy-makers. The scheme has not only provided financial support to farmers but has also improved the socio-economic status of rural communities. By enabling farmers to invest in their farms, the scheme has also contributed to the growth of the agriculture sector and the overall economy.

In conclusion, PM-Kisan Samman Nidhi Yojana is an innovative scheme that has provided timely support to the farmers. The scheme has not only helped the farmers to overcome financial difficulties but has also facilitated the growth of the agriculture sector. The scheme has been a great success and has set the ball rolling for other initiatives aimed at promoting the welfare of farmers in India.

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