PM Kisan Samman Nidhi Yojana: All You Need to Know
PM Kisan Samman Nidhi Yojana is a flagship government initiative aimed at providing financial support to farmers in India. Launched in February 2019, it is an important step in ensuring the economic wellbeing of farmers across the country. Let’s delve deeper into the details of this scheme.
What is PM Kisan Samman Nidhi Yojana?
PM Kisan Samman Nidhi Yojana is an income support scheme initiated by the Government of India. Under this scheme, small and marginal farmers receive direct income support of Rs. 6,000 per year, payable in three equal installments of Rs. 2,000 each. The objective is to ensure these farmers have adequate funds to meet their agricultural requirements and sustain their livelihoods.
Eligibility Criteria:
To be eligible for the PM Kisan Samman Nidhi Yojana, farmers need to fulfill certain criteria:
1. Land Ownership: The scheme is applicable to those farmers who own cultivable land. Tenant farmers and sharecroppers are also eligible if they can provide supporting documents.
2. Land Holding Size: The scheme aims to benefit small and marginal farmers. Small farmers with landholding of up to 2 hectares and marginal farmers with landholding of up to 1 hectare are eligible.
3. Exclusion Criteria: The scheme does not cover income tax payees, institutional landholders, serving or retired government employees, and professionals such as doctors, engineers, lawyers, etc.
4. Beneficiary Categories: Any farmer belonging to the eligible categories can apply, including individuals, families, widows, and differently abled individuals.
Registration Process:
To register for the PM Kisan Samman Nidhi Yojana, farmers can follow these steps:
1. Online Registration: Visit the official PM Kisan portal and click on the ‘New Farmer Registration’ link. Fill in the required details, including Aadhaar card, bank account, and land details. After submitting the form, an application number will be generated.
2. Offline Registration: Alternatively, farmers can register through their respective state or union territory’s authorized nodal officer. Application forms are available at the local agriculture office, common service centers, or can be downloaded online.
Documents Required:
Applicants need to provide the following key documents for successful registration:
1. Land Documents: Ownership/lease/tenancy documents to verify landholding.
2. Identification Proof: A valid Aadhaar card or any other government-issued identification document.
3. Bank Account Details: A bank passbook or canceled cheque as proof of the applicant’s bank account.
Payments and Disbursements:
The government facilitates direct payment of the financial support to the beneficiaries’ bank accounts. The three equal installments of Rs. 2,000 each are made directly to the farmers’ accounts after they complete the registration process successfully.
Significance and Impact:
The PM Kisan Samman Nidhi Yojana has had a positive impact on farmers’ lives by providing them with much-needed financial support. The scheme aims to enhance their agricultural productivity and ensure economic stability for farming communities in India. It also boosts rural consumption, reduces farmer indebtedness, and fosters rural development.
In conclusion, the PM Kisan Samman Nidhi Yojana is a crucial initiative that recognizes the importance of supporting farmers financially. By providing direct income support, the government aims to assist small and marginal farmers in meeting their agricultural needs and elevating their socio-economic status.