The Pradhan Mantri Kisan Samman Nidhi Yojana is a flagship scheme of the Indian government that aims to provide financial assistance to small and marginal farmers in the country. The scheme was launched by Prime Minister Narendra Modi in February 2019, and has been a major initiative of the government to boost the income of farmers.
Under the scheme, eligible farmers receive direct income support of Rs. 6000 per annum in three equal installments of Rs. 2000 each. The funds are credited directly to the bank accounts of the beneficiary farmers. The scheme is aimed at providing income support to 12 crore small and marginal farmers in the country, covering an area of 2 hectares or less.
The implementation of the scheme is being carried out by the Ministry of Agriculture and Farmers’ Welfare, and the scheme is being fully funded by the central government. The scheme has been a major success for the Modi government, and has been praised by farmers across the country for providing timely and much-needed financial assistance.
To be eligible for the scheme, farmers must have an active and valid Aadhaar number. Additionally, the scheme is only applicable to landholder farmers and not to tenant farmers. The scheme is also not applicable to farmers who have availed of other similar schemes.
The Pradhan Mantri Kisan Samman Nidhi Yojana has been a major boost for the Indian agricultural sector, which has been struggling with low incomes and poor productivity. The scheme has brought much-needed relief to farmers in the country, who are often left at the mercy of middlemen and traders who exploit them. The government has also been taking other measures to boost the agricultural sector, including investing in infrastructure and technology, which is expected to have a lasting impact on the sector.
In conclusion, the Pradhan Mantri Kisan Samman Nidhi Yojana has been a major success for the Indian government, providing financial assistance to millions of farmers in the country. The scheme has been praised by farmers for its timely and much-needed support, and has helped boost the agricultural sector in the country. The scheme is expected to have a lasting impact on the sector, and will continue to be a major initiative of the government in the coming years.