Prime Minister Narendra Modi launched the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on February 24, 2019, with the aim of providing financial assistance to farmers across the country. The scheme, one of the largest of its kind, aims to provide income support to small and marginal farmers to help them with their agricultural practices and ensure their financial stability.
Under the PM-KISAN scheme, eligible farmers receive a direct transfer of Rs. 6000 per year in three equal instalments of Rs. 2000 each. This amount is credited directly into the bank accounts of the farmers, helping them meet their needs for seeds, fertilizers, and other agricultural inputs. The scheme is targeted towards small and marginal farmers who own less than 2 hectares of land.
The scheme has benefitted millions of farmers across the country, providing them with a much-needed financial boost. The funds provided under the PM-KISAN scheme have helped farmers improve their agricultural practices, increase their productivity, and enhance their income. This has had a positive impact on the overall agricultural sector in India.
The PM-KISAN scheme holds significant importance in the government’s vision of doubling farmers’ income by 2022. By providing direct income support to farmers, the government aims to ensure their financial well-being and improve their standard of living. The scheme not only benefits individual farmers but also has a multiplier effect on the rural economy as a whole.
To ensure seamless implementation of the scheme, the government has set up an online portal where farmers can register themselves and receive the benefits of the scheme. The scheme has been widely appreciated by farmers across the country and has received praise for its simplicity and effectiveness in providing financial assistance to those who need it the most.
In conclusion, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme is a significant step towards empowering farmers and ensuring their financial stability. By providing direct income support to small and marginal farmers, the scheme is helping in transforming the agricultural landscape of India. With the continued support of the government and the active participation of farmers, the PM-KISAN scheme is expected to bring about positive changes in the lives of millions of farmers across the country.