Pradhan Mantri Kisan Maan Dhan Yojana (PM KMY) is a government scheme that aims to provide social security to small and marginal farmers in India. Under this scheme, farmers above the age of 60 years will be provided with a monthly pension of Rs 3000.
The PM KMY scheme is voluntary, and farmers can join it by filling up the enrollment form available at the nearest Common Service Centre (CSC) or Krishi Vigyan Kendra (KVK). The enrollment process is free of cost, and no premium needs to be paid by the farmers.
To be eligible for the PM KMY scheme, a farmer must be between 18 and 40 years of age and engaged in farming. He/she must have a cultivable landholding of up to 2 hectares, and the farmer and his/her spouse must not be income tax payees.
Once enrolled, farmers will have to contribute a small amount to the scheme every month. The contribution amount will depend on the age of enrollment, and it will range from Rs 55 to Rs 200 per month. The government will also make an equal contribution to the farmer’s pension fund.
The PM KMY scheme is a significant step towards ensuring the welfare of small and marginal farmers in India. It will provide a reliable source of income to farmers in their old age and help in reducing their financial burden. The scheme is also expected to promote the adoption of modern and scientific agricultural practices as farmers will be encouraged to save for their future.
In conclusion, the Pradhan Mantri Kisan Maan Dhan Yojana is a beneficial scheme for small and marginal farmers in India. Farmers can enroll in the scheme to secure their future and ensure financial stability during their old age. The enrollment process is straightforward, and farmers must take advantage of this opportunity to improve their lives.