Pradhan Mantri Kisan Samman Nidhi Yojna (PM-Kisan) is a flagship government scheme aimed at providing financial assistance to farmers across the country. Launched by Prime Minister Narendra Modi in December 2018, the scheme has been instrumental in providing much-needed support to small and marginal farmers.
Under the PM-Kisan scheme, eligible farmers receive direct income support of Rs. 6,000 per year in three equal installments. This financial assistance is provided to help farmers meet their agricultural expenses and improve their overall livelihood. The scheme is a crucial step towards ensuring financial stability for farmers who often face various challenges such as crop failures, debt burden, and lack of access to modern farming technologies.
To be eligible for the PM-Kisan scheme, farmers must be identified as small and marginal landholders. The government has set strict criteria to ensure that only genuine farmers benefit from the scheme. The funds are transferred directly to the bank accounts of beneficiaries through a completely transparent and corruption-free process.
Since its launch, the PM-Kisan scheme has benefitted millions of farmers across the country. The financial assistance provided under the scheme has helped farmers invest in farming inputs, purchase machinery, and improve their overall agricultural practices. This has not only boosted farm productivity but also increased farmers’ income and enhanced their standard of living.
In addition to providing financial support, the PM-Kisan scheme also aims to promote sustainable agriculture practices and increase farmers’ access to various government schemes and programs. By empowering farmers with the necessary resources and support, the government aims to achieve its goal of doubling farmers’ income by 2022.
Overall, the PM-Kisan Samman Nidhi Yojna has been a game-changer for farmers in India. It has provided much-needed financial assistance to farmers and helped them overcome various challenges. With continued support and commitment from the government, the scheme is expected to further enhance the well-being of farmers and contribute to the growth of the agricultural sector in the country.