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Pradhan mantri kisan samman nidhi yojna

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Pradhan Mantri Kisan Samman Nidhi Yojana (PM-Kisan) is a farmer welfare scheme launched by the Government of India in February 2019. The objective of the scheme is to provide income support to small and marginal farmers in India, who constitute more than 80% of the country’s farming population. Under PM-Kisan, eligible farmers receive direct income support of Rs. 6,000 per year in three equal instalments, of Rs. 2,000 each, credited directly into their bank accounts.

The scheme provides financial assistance to farmers for meeting their agricultural needs such as buying seeds, fertilisers, pesticides and other inputs, paying for labour and other expenses related to crop cultivation. The scheme is aimed at reducing the financial burden on farmers and helping them to lead a better life.

PM-Kisan was launched with the intent of addressing the concerns of the farming community, including ensuring income security for farmers and doubling their income by 2022. The scheme also aims to build a strong and vibrant rural economy by augmenting the income of small and marginal farmers.

The scheme provides a variety of benefits to farmers, including a more stable source of income, improved agricultural productivity, and greater access to formal credit facilities. It also ensures that farmers are equipped with the necessary resources and support to maximise their farming output, and thereby, enhance the country’s food security.

Any farmer who owns up to 2 hectares of cultivable land is eligible to apply for the PM-Kisan scheme, provided he or she meets other criteria such as being an Indian citizen and not having an annual income above Rs. 1,00,000. The scheme intends to include around 12 crore farmers under its purview.

The PM-Kisan scheme is a significant step taken by the Government of India towards ensuring the welfare of the country’s farmers. Through this scheme, the government intends to address the various issues faced by farmers and provide them with a stable source of income and a better quality of life. The scheme will go a long way in helping the country to achieve the goal of doubling the income of farmers by 2022.

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