PM Kisan Samman Nidhi Yojna is a government scheme aimed at providing financial assistance to farmers across the country. The scheme was launched by Prime Minister Narendra Modi in February 2019 with the goal of ensuring a minimum income support to farmers and helping them meet their financial needs.
Under the PM Kisan Samman Nidhi Yojna, farmers who own less than two hectares of agricultural land are eligible to receive an amount of Rs. 6000 per year in three equal instalments. The amount is credited directly into the bank accounts of the farmers to ensure transparency and eliminate any chances of corruption.
The scheme has been widely praised for its impact on the lives of farmers, providing them with much-needed financial support to meet their various expenses such as agricultural inputs, seeds, fertilizers, and other necessities. The scheme has helped improve the economic condition of millions of small and marginal farmers across the country.
The PM Kisan Samman Nidhi Yojna has also been instrumental in boosting the agricultural sector and increasing the income of farmers, thereby contributing to the overall economic growth of the country. The scheme has played a significant role in empowering farmers and reducing their financial burden, making it a crucial initiative towards transforming the rural economy.
Overall, the PM Kisan Samman Nidhi Yojna has emerged as a game-changer for farmers in India, providing them with a much-needed financial cushion and ensuring a stable income throughout the year. The scheme has not only improved the livelihoods of farmers but has also contributed to the growth and development of the agriculture sector in the country.