Pradhan Mantri Kisan Samman Nidhi Yojna, commonly known as PM-KISAN, is a scheme launched by the Government of India, aimed at providing financial assistance to small and marginal farmers in the country. The scheme was launched in February 2019 and is being implemented across the country.
Under the PM-KISAN scheme, eligible farmer beneficiaries are provided with a financial assistance of Rs. 6000 per annum, which is directly transferred into their bank accounts in three equal installments, of Rs. 2000 each, during the financial year.
The scheme aims to benefit over 12 crore farmers across the country, giving them a much-needed boost to their income and helping them to meet their agricultural expenses. The scheme has been designed to provide a much-needed financial aid to farmers, who are often left with limited resources, to meet their agricultural needs.
To be eligible for the scheme, farmers must have a small and marginal landholding of up to 2 hectares. The scheme is applicable to all farmers, irrespective of their income level, except for those who are income tax-paying individuals.
The scheme has been implemented in a phased manner, starting from 1st December 2018. Initially, the scheme was launched for farmers in Uttar Pradesh with an aim to reach 12 crore farmers across the country. Later, the scheme was extended to other states as well.
The PM-KISAN scheme has been welcomed by farmers across the country, who are now benefiting from the financial aid provided to them. The scheme has also been applauded for its simple and hassle-free implementation, which has ensured that the benefits reach the intended beneficiaries in a timely manner.
In conclusion, the PM-KISAN scheme is a significant step towards supporting small and marginal farmers in the country. The scheme has been designed to provide them with a much-needed financial assistance to meet their agricultural expenses while also boosting their income. The scheme is expected to help lift millions of farmers out of poverty and give them a much-needed boost to their income.