Yes, I can write an article related to the query on Pradhan Mantri Kisan Samman Nidhi Yojana.
Pradhan Mantri Kisan Samman Nidhi Yojana (PM-Kisan) was launched on February 24, 2019, by the Prime Minister of India, Narendra Modi. The scheme aims to provide financial assistance to the small and marginal farmers of India. It is a central sector scheme, i.e., funded entirely by the government.
The PM-Kisan scheme provides farmers with a direct income support of Rs. 6,000 per year. This amount is transferred directly to the bank accounts of the eligible farmers in three instalments of Rs. 2,000 each. The first instalment is transferred between April and July, the second between August and November, and the third between December and March.
To be eligible for the PM-Kisan scheme, the farmer should possess cultivable land owned by him or her or the family. The farmer should also have a valid Aadhaar card as the scheme is based on the Aadhaar-based land records database. Additionally, the farmer must fall under one of the following categories:
1. Small and marginal farmers who own less than two hectares of cultivable land
2. All farmers who belong to Scheduled Tribes (ST) and Scheduled Castes (SC)
3. Farmers who own land but are categorised as farmers’ families who don’t own land as per land records of their respective states.
The PM-Kisan scheme has a target of reaching out to around 14 crore farmers across the country. The scheme intends to provide small and marginal farmers with financial assistance to help them manage their expenses during the crop cycle. It aims to reduce the agrarian distress and bridge the gap in income between different sections of society.
In conclusion, the PM-Kisan scheme is a welcome initiative by the government of India to provide direct financial assistance to small and marginal farmers. With the scheme’s help, farmers can focus on crop management and improve their yields without facing financial stress. The scheme has the potential to revitalise the agricultural sector and contribute to the country’s economic growth. In today’s time, this scheme has become very important due to the ongoing pandemic and its impact on the country’s economy.