Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) is a scheme launched by the Government of India to provide financial assistance to the farmers of India. The scheme was launched on 24th February 2019 by the Prime Minister of India, Narendra Modi.
Under the scheme, farmers who have cultivable land up to 2 hectares will receive an amount of Rs. 6,000 per year directly into their bank accounts. This amount will be given to them in three installments of Rs. 2,000 each. The scheme aims to provide financial assistance to farmers in order to support their farming activities and to ensure their welfare.
The scheme will benefit around 14.5 crore farmers across the country and is expected to cost around Rs. 75,000 crore annually. The scheme was initially launched for small and marginal farmers but was later extended to all farmers.
The scheme is being implemented by the Ministry of Agriculture and Farmers Welfare. The government has made it mandatory for the farmers to link their Aadhaar number to their bank accounts in order to receive the benefits of the scheme. The government has also set up a dedicated portal for the scheme where farmers can register themselves and check the status of their application.
The scheme has been widely appreciated by the farming community as it provides a much-needed source of income for farmers. The scheme has also been praised for its simple and straightforward implementation process.
However, there have also been criticisms of the scheme. Some experts have argued that the amount provided under the scheme is not sufficient to address the economic needs of the farmers. Others have pointed out that the scheme does not cover landless farmers, who are also in need of financial assistance.
Overall, the Pradhan Mantri Kisan Samman Nidhi scheme is a major initiative by the government to support the farmers of India. While there are some areas for improvement, the scheme has the potential to make a significant impact on the lives of farmers across the country.