Pradhan Mantri Kisan Samman Nidhi Yojana, also known as PM Kisan Yojana, is a scheme introduced by the Government of India to provide a steady income to farmers across the country. The scheme was launched in February 2019 and aims to support farmers financially and sustainably.
Under the scheme, eligible farmers receive a sum of Rs. 6,000 per year, paid out in three equal instalments of Rs. 2,000 each, deposited directly into their bank accounts. The beneficiary list is prepared by the government on the basis of inputs received from various sources including land records, through which farmers can update their information.
Farmers who have cultivable landholding of up to 2 hectares are eligible for the scheme. The scheme is applicable to all farmer families who fall in the defined eligibility criteria and there is no age restriction for beneficiaries. It is important to note that the scheme is applicable for only one member per family.
The main aim of this scheme is to provide direct financial support to farmers who are in need of it, in order to support their agricultural activities, as well as their families. The scheme is aimed to provide immediate monetary support to farmers to ensure their well-being.
In addition to the direct monetary benefits, the scheme also provides farmers with various other benefits. The scheme also helps farmers in accessing various government services such as loans, insurance, and subsidies. Farmers are also provided with various training and capacity-building programs, to help them improve their knowledge and skills in agriculture.
The PM Kisan Yojana is a significant step taken by the Indian government to provide financial stability to farmers, who form a significant portion of the country’s population. It is a step towards a self-sustaining farming community, making agriculture an attractive source of livelihood.
In conclusion, the Pradhan Mantri Kisan Samman Nidhi Yojana is an initiative that has been put in place to help provide financial assistance to farmers. The scheme aims to provide a fixed income to eligible farmers, with the aim of improving their living conditions and enhancing their agricultural activities. Thus, this scheme is a significant step towards building a self-sustaining and prosperous farming community in India.