As a nation deeply dependent on agriculture, India’s farmers form an essential backbone to its economy. However, for decades, farmers have been constrained by fluctuating prices, unpredictable weather, and a lack of access to resources critical to the success of their crops.
To address these issues and provide relief to farmers, the government of India launched the Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) scheme in 2019. The scheme aims to offer financial assistance to small and marginal farmers, helping them meet their needs and dependably support their families.
Under the PM-KISAN scheme, eligible farmers receive a sum of Rs. 6,000 per annum, delivered directly to their bank accounts. The payments are distributed in three equal installments of Rs. 2,000 each. The scheme began with an initial budget of Rs. 75,000 crore, with over 14 crore farmers identified for support.
However, not every farmer is eligible for the scheme, and there are certain criteria that must be met to qualify. For example, only small and marginal farmers with landholding up to two hectares are eligible for the scheme. Additionally, farmers whose families hold government jobs and political positions, and those who pay income tax, are ineligible. Farmers must also ensure that their Aadhaar number and bank account details are linked and verified to receive the payout.
The PM-KISAN scheme’s implementation is the responsibility of the Department of Agriculture, Cooperation, and Farmers’ Welfare (DACFW). The department has worked to create an accurate and comprehensive database of farmers to ensure efficient implementation of the scheme. The government has also issued a toll-free helpline number (1800115526) where farmers can reach for guidance and assistance.
Overall, the PM-KISAN scheme has been lauded as a step in the right direction to support the nation’s farmers. The direct benefit transfer system has reduced corruption and significantly cut down delays in disbursing the compensation. The scheme’s success will depend on continued implementation, accurate identification of beneficiaries, and increased support for farmers beyond merely financial assistance.
In conclusion, Pradhanmantri Kisan Samman Nidhi Yojana has the potential to make a significant impact on the lives of India’s farmers. By providing direct support to farmers, the scheme offers a glimmer of hope, especially for small and marginal farmers battling against odds in hostile situations.