Prime Minister Kisan Samman Nidhi Scheme, also known as PM-KISAN, is a government initiative aimed at providing financial support to small and marginal farmers in India. The scheme was launched in February 2019 by Prime Minister Narendra Modi with the objective of ensuring a minimum income for farmers and boosting their agricultural productivity.
Under the PM-KISAN scheme, eligible farmers receive a direct cash transfer of Rs. 6,000 per year in three equal installments of Rs. 2,000 each. The funds are transferred directly to the bank accounts of the beneficiaries in order to ensure transparency and reduce middlemen. The scheme covers over 14 crore farmers across the country, making it one of the largest welfare schemes for farmers in India.
To be eligible for the PM-KISAN scheme, a farmer must be a citizen of India and own cultivable land. The scheme is targeted towards small and marginal farmers who have less than 2 hectares of land. The funds provided under the scheme can be used by farmers for various agricultural activities such as purchasing seeds, fertilizers, and other necessary inputs to improve their crop yields.
The government has taken several measures to ensure the smooth implementation of the PM-KISAN scheme including the use of Aadhaar numbers to verify the identity of the beneficiaries and prevent fraud. The scheme has been widely appreciated by farmers across the country for providing them with much-needed financial assistance and helping them improve their agricultural practices.
In conclusion, the Prime Minister Kisan Samman Nidhi Scheme is a significant step towards empowering small and marginal farmers in India by providing them with financial support. The scheme aims to ensure a minimum income for farmers and improve their agricultural productivity, ultimately leading to the welfare and prosperity of the agricultural community in the country.