Pradhan Mantri Kisan Samman Nidhi Yojana is a government scheme that was introduced by the Narendra Modi-led government in February 2019. The scheme aims to provide financial support to small and marginal farmers in India. The scheme provides an income support of Rs 6,000 per year to eligible farmers, payable in three equal installments of Rs 2,000.
The scheme was launched with an objective of reducing the burden of agricultural expenses on farmers, increasing their income, and providing better opportunities for their growth. The PM Kisan Samman Nidhi Yojana covers all farmers who have ownership rights on cultivable land, and all landless laborers who are engaged in agriculture and horticulture.
The scheme provides financial assistance to farmers who are in need of it. This has helped the farmers to purchase necessary equipment, machinery, and other inputs that are required for agriculture. It has also enabled the farmers to repay their debts and invest in the development of their farms.
In order to avail the benefits of the PM Kisan Samman Nidhi Yojana, the farmer needs to register with the scheme. The registration can be done either online or by visiting the nearest Common Service Centre (CSC). The scheme provides an exclusive portal for farmers to register themselves. The portal also enables them to check the status of their application and update their personal details.
The Central Government, under the PM Kisan Samman Nidhi Yojana, transfers the funds directly to the bank accounts of eligible farmers. This ensures the transparency of the scheme and eliminates any chances of corruption and fraud.
In conclusion, The Pradhan Mantri Kisan Samman Nidhi Yojana is a well-intended scheme by the government of India to help the agricultural sector and support farmers. It aims to provide them with financial assistance and ensure their growth and prosperity. The scheme has received a lot of positive response from the farming community and is expected to bridge the income gap in rural India. This scheme is an excellent initiative by the government towards the development of India’s agriculture sector and rural economy.