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PM Kisan Samman Nidhi Yojna information

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PM Kisan Samman Nidhi Yojna Information

The PM Kisan Samman Nidhi Yojna, also known as the Pradhan Mantri Kisan Samman Nidhi Yojna, is a flagship scheme of the Government of India that was launched on February 24, 2019. The scheme aims to provide income support to small and marginal farmers in the country by giving them direct cash transfers of Rs. 6,000 per year.

Under the PM Kisan Samman Nidhi Yojna, eligible farmers receive the cash transfer in three equal installments of Rs. 2,000 each, credited directly to their bank accounts. The scheme is open to all farmers who have cultivable land and hold a valid Aadhaar card. The scheme also covers farmer families who own up to 2 hectares of cultivable land.

The PM Kisan Samman Nidhi Yojna is a centrally sponsored scheme, and the funding is shared equally between the central and state governments. The central government provides 100% funding for the scheme’s administrative expenses.

To ensure that the benefits of the scheme reach the intended beneficiaries, the central government has created a database of farmers, consisting of their names, address, bank account details, and other relevant information. The database is maintained by the Ministry of Agriculture and Farmers Welfare, and state governments are responsible for updating and validating the data.

The PM Kisan Samman Nidhi Yojna has been widely welcomed by farmers across the country, and it has been credited with providing much-needed financial assistance to small and marginal farmers. The scheme is seen as a significant step towards building a more equitable and inclusive agricultural sector, and it has been hailed as a key component of the central government’s efforts to double farmers’ income by 2022.

In conclusion, the PM Kisan Samman Nidhi Yojna is a flagship scheme of the Government of India aimed at providing income support to small and marginal farmers in the country. The scheme provides direct cash transfers of Rs. 6,000 per year to eligible farmers, and it is open to all farmers who have cultivable land and hold a valid Aadhaar card. The scheme has been widely welcomed by farmers across the country and is seen as a significant step towards building a more equitable and inclusive agricultural sector.

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