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Pradhan Mantri Kisan Samman Nidhi Yojana: A Scheme for the Welfare of Farmers

The Pradhan Mantri Kisan Samman Nidhi Yojana is an initiative taken by the Government of India to provide financial assistance to small and marginal farmers who are struggling to sustain themselves. The scheme aims to provide a minimum income of Rs. 6,000 per year to eligible farmers, which will be paid in three equal instalments of Rs. 2,000 each.

The scheme was launched on 24th February 2019 by the Prime Minister of India, Shri Narendra Modi. Under the scheme, all the eligible farmers will receive direct cash transfer in their bank accounts. The government has set a target to reach out to 12 crore small and marginal farmers across the country under this scheme.

Eligibility Criteria for the Scheme:

The scheme is specifically designed for small and marginal farmers. To be eligible for the scheme, farmers have to meet the following criteria:

1. The farmer should be a resident of India.

2. The farmer should be the owner or cultivator of a cultivable land up to two hectares.

3. The farmer should have a valid bank account.

Features of the Scheme:

1. Financial Assistance: The scheme provides a financial assistance of Rs. 6,000 per annum to eligible farmers.

2. Direct Cash Transfer: The assistance will be directly transferred to the bank account of eligible farmers.

3. Instalments: The assistance will be provided in three equal instalments of Rs. 2,000 each.

4. Scheme Period: The scheme is effective from 1st December 2018.

5. Implementation: The scheme will be implemented by the Ministry of Agriculture and Farmers Welfare, Government of India.

6. Adhaar: The ownership of the cultivable land has to be validated through Adhaar to avoid fraud.

7. Farmer Portal: There is a farmer portal launched by the government where farmers can check their eligibility and status of the amount transferred.

Conclusion:

The Pradhan Mantri Kisan Samman Nidhi Yojana is a much-needed scheme for the welfare of small and marginal farmers who are struggling to make ends meet. The scheme provides financial assistance to the farmers to help them sustain their livelihoods. The government has also taken several measures to ensure that only eligible farmers receive the assistance and there is no fraud or corruption. The scheme is a step towards making farming a profitable and sustainable profession in India, and it is hoped that it will go a long way in fulfilling the objectives of inclusive growth of the country.

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