Latest Articles

Popular Articles

Agriculture machinery

Sure, here’s an article on Agriculture machinery: Agriculture Machinery: The

General Information

Sure! Here’s an article on general information: Article: Exploring the

Pradhan Mantri Kisan Samman Nidhi Yojana related query

Yes, here’s an article on Pradhan Mantri Kisan Samman Nidhi Yojana related query:

Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) is an initiative launched by the Government of India to provide financial assistance to small and marginal farmers across the country. Under this scheme, eligible farmers receive a sum of Rs. 6,000 annually in three equal installments. The amount is directly transferred to the bank account of the farmers.

To be eligible for PM-KISAN, farmers must be active cultivators and own cultivable land. Small and marginal farmers who own less than two hectares of land are eligible to apply for this scheme. Additionally, beneficiaries must be farmers who are not part of any institutional credit system and do not have income tax returns above a certain threshold.

The registration process for PM-KISAN is very simple. Farmers can visit their nearest Common Service Centres (CSCs) or Agriculture Department Offices to apply for the scheme. Additionally, farmers can visit the PM-KISAN website and register online by providing their personal and bank account details. After registration, the verification process takes place, and eligible farmers receive the first installment of Rs. 2,000 in their bank account within a few weeks. Subsequently, the remaining two installments are transferred in the same financial year.

Along with ensuring financial assistance, PM-KISAN aims to increase the overall income of farmers. It focuses on the holistic development of agriculture and aims to provide farmers with necessary support to enhance their productivity. The scheme also aims to reduce the distress among farmers due to crop failure, low market prices, and other factors that hinder their agricultural activities. The scheme enables farmers to use the financial assistance for various purposes like buying seeds, fertilizers, etc.

PM-KISAN has been a significant initiative to support the small and marginal farmers of India. With the scheme in place, farmers in India can focus on their agricultural activities without worrying about financial constraints. The government of India has taken several steps to ensure the successful implementation of the scheme, and with more initiatives, PM-KISAN holds the promise of revitalizing the agricultural sector in India.

Share This Article :

No Thoughts on Pradhan Mantri Kisan Samman Nidhi Yojana related query