The PM Kisan Samman Nidhi Yojana is a government scheme aimed at providing financial assistance to small and marginal farmers in India. Under this scheme, eligible farmers receive Rs. 6,000 per year in three equal installments.
The scheme, which was launched in 2018, has already benefitted millions of farmers across the country. The government has recently announced some updates to the scheme, which will further improve its reach and impact.
One of the major updates to the PM Kisan Samman Nidhi Yojana is the inclusion of all farmers, regardless of the size of their landholding. Earlier, only farmers with landholdings of up to 2 hectares were eligible for the scheme. However, now all farmers will be able to avail the benefits of the scheme, provided they meet the other eligibility criteria.
Another important update is the integration of the scheme with the Aadhaar card. Farmers will now need to link their Aadhaar card number to their PM Kisan Samman Nidhi Yojana account in order to receive the benefits of the scheme. This move is expected to streamline the disbursement process and reduce instances of fraud and duplication.
Additionally, the government has also announced an increase in the annual financial assistance provided to farmers under the scheme. Instead of Rs. 6,000 per year, eligible farmers will now receive Rs. 10,000 per year in three equal installments.
Overall, the updates to the PM Kisan Samman Nidhi Yojana are expected to benefit a larger number of farmers and provide them with much-needed financial assistance. The integration of Aadhaar card and the increase in financial assistance will make the scheme more efficient and effective in reaching its intended beneficiaries.