Article: All You Need to Know About Pradhan Mantri Kisan Samman Nidhi Yojna
Introduction:
Pradhan Mantri Kisan Samman Nidhi Yojna (PM-KISAN) is an initiative launched by the Government of India with the aim of providing direct financial assistance to small and marginal farmers across the country. The scheme was introduced in 2019 to address the financial woes of farmers and ensure their economic stability. In this article, we will delve deeper into the details of PM-KISAN and answer some common queries related to this impactful scheme.
What is PM-KISAN?
PM-KISAN is a scheme that provides income support to farmers by transferring direct financial assistance of Rs. 6,000 (approximately $80) per year per farmer family into their bank accounts. The amount is distributed in three equal installments of Rs. 2,000 (approximately $27) every four months. The assistance is aimed at augmenting the financial resources of small and marginal farmers to help them meet the cost of farming and other related expenses.
Eligibility Criteria:
To be eligible for PM-KISAN, farmers must meet the following criteria:
1. Ownership of cultivable land: Farmers who own cultivable land, either individually or through collective ownership, are eligible for the scheme. This includes both landholding farmers and tenant farmers.
2. Landholding size: The scheme is primarily targeted towards small and marginal farmers. The landholding size of eligible farmers must not exceed two hectares. However, this criterion does not apply to certain categories of beneficiaries, such as SC/ST farmers or those classified under other specific categories.
3. Exclusion criteria: The scheme excludes individuals from higher-income groups, serving or retired government employees, and those who pay income tax.
Application Process:
The application process for PM-KISAN is relatively simple and farmer-friendly. The interested farmers can apply for the scheme through the Common Service Centres (CSCs) set up at various locations across the country. They can also apply online through the official PM-KISAN portal. The application requires basic information such as Aadhar card details, bank account information, and landholding records. After verification, eligible farmers receive their financial assistance directly into their bank accounts.
Impact and Benefits:
The PM-KISAN scheme has had a significant impact on the lives of small and marginal farmers. Here are some of the key benefits of the scheme:
1. Financial stability: The income support provided by PM-KISAN helps farmers overcome financial constraints and meet their farming expenses, including the purchase of seeds, fertilizers, and machinery. It plays a crucial role in enhancing their income and ensuring economic stability.
2. Social empowerment: By channeling financial support directly to the bank accounts of farmers, PM-KISAN promotes transparency, reduces corruption, and eliminates middlemen. This empowers farmers and strengthens their position in society.
3. Poverty alleviation: The scheme plays a vital role in reducing poverty among farmers. By providing them with a predictable source of income, PM-KISAN lifts small and marginal farmers out of poverty and ensures a better quality of life for them and their families.
Conclusion:
Pradhan Mantri Kisan Samman Nidhi Yojna (PM-KISAN) is a transformative scheme that aims to empower the backbone of the Indian economy – farmers. By providing direct financial assistance, PM-KISAN addresses the financial challenges faced by small and marginal farmers. Through this scheme, the government aims to alleviate poverty, promote transparency, and enhance the economic status of Indian farmers. PM-KISAN offers a glimmer of hope for the agricultural community, promising a brighter and more prosperous future for them and their families.