The Pradhan Mantri Kisan Samman Nidhi Yojna (PM-KISAN) is a scheme implemented by the Indian government to provide financial assistance to farmers. The aim of this scheme is to support small and marginal farmers, who have a land holding of up to 2 hectares. The government provides them with an income support of Rs. 6,000 per annum, which is paid in three equal instalments of Rs. 2,000 each.
The PM-KISAN scheme was launched on February 24, 2019, by Prime Minister Narendra Modi. The scheme has been successful in providing financial assistance to farmers, with over 11 crore farmers registered for the scheme. The government has disbursed over Rs. 1.15 lakh crore to farmers since the launch of the scheme.
The PM-KISAN scheme has been praised for its significant impact on the lives of farmers. The scheme has provided much-needed financial assistance to farmers, who are among the most vulnerable sections of society. The scheme has also helped to improve the income and livelihoods of farmers, which has led to an increase in agricultural productivity.
However, there have been some challenges in the implementation of the scheme. One of the main challenges has been the identification of beneficiaries. The government has been criticised for the slow process of identifying and verifying beneficiaries, which has led to delays in the disbursal of payments.
The government has also been criticised for the exclusion of certain categories of farmers from the scheme. The scheme only covers farmers who have a land holding of up to 2 hectares, which has left out many small farmers who do not own land. The government has also been criticised for the lack of transparency in the selection of beneficiaries.
Despite these challenges, the PM-KISAN scheme has been successful in providing financial assistance to farmers. The scheme has helped to improve the lives of millions of farmers across the country, and has had a positive impact on agricultural productivity. With the government’s continued support, the scheme has the potential to bring about significant changes in the lives of farmers in India.