Title: Everything You Need to Know About the PM Kisan Samman Nidhi Yojana
Introduction:
The Pradhan Mantri Kisan Samman Nidhi Yojana, also known as PM-Kisan, is an ambitious government scheme aimed at providing financial assistance to small and marginal farmers across India. Launched in February 2019, the scheme aims to ensure a steady income for farmers and boost the agricultural sector, thereby alleviating rural poverty. This article aims to address some common queries about the PM Kisan Samman Nidhi Yojana.
1. What is the PM Kisan Samman Nidhi Yojana?
The PM Kisan Samman Nidhi Yojana is a direct income support scheme for farmers. Under this scheme, eligible farmers receive financial assistance of ₹6,000 per annum in three equal installments of ₹2,000 each. The scheme is fully funded by the central government and does not require any contribution from the farmers.
2. Who is eligible for the scheme?
To avail the benefits of the PM-Kisan scheme, farmers must meet the following criteria:
– They should be small and marginal farmers, owning cultivable land up to 2 hectares.
– Farmers who have institutional loans exceeding ₹50,000 or those associated with any government office or PSU are not eligible.
– Professionals, pensioners, and individuals with a high-income threshold are also excluded.
3. How are the financial assistance payments made?
The government transfers the financial assistance directly into the bank accounts of eligible farmers through the Direct Benefit Transfer (DBT) mode. Thus, it is crucial for farmers to have an active bank account and Aadhaar card linked with their bank account.
4. How can farmers enroll or register for the PM Kisan scheme?
Farmers can easily register for the PM Kisan scheme through the dedicated online portal pmkisan.gov.in. Additionally, registrations can also be done at the local revenue officer’s office. Farmers need to provide information such as their Aadhaar card number, land ownership details, and bank account information during the registration process.
5. Is the scheme time-bound?
The PM Kisan Samman Nidhi Yojana is an ongoing scheme, and its benefits are extended to farmers on a regular basis. The financial assistance is provided in three equal installments-cumulative for every four months. The installment dates are fixed by the central government.
6. Are there any recent updates on the scheme?
The Indian government is constantly making efforts to improve the scheme’s efficiency and support a maximum number of farmers. Recently, the government expanded the PM Kisan scheme to cover all farmer categories, including tenant farmers who sharecropped the land, enabling them to receive the financial assistance.
Conclusion:
The PM Kisan Samman Nidhi Yojana has emerged as a significant step in empowering small and marginal farmers in India. By providing direct income support, the scheme aims to reduce farmer distress, enhance their financial capability, and ensure sustainable agricultural growth. The PM Kisan scheme has the potential to positively impact the lives of millions of farmers, promoting a more prosperous and self-reliant rural India.