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Pradhan Mantri Kisan Samman Nidhi Yojna (PM-Kisan) is an initiative launched by the Government of India to support the farmers by ensuring their financial stability. The scheme was announced in the interim budget of 2019, and it provides for the distribution of income support of Rs. 6000 per annum to the small and marginal farmers.
The PM-Kisan scheme aims to benefit about 12 crore small and marginal farmers across the country by providing direct financial assistance to them. The scheme is designed to provide support to the farmers for procuring farm inputs, buying seeds, fertilizers, pesticides, and other necessary inputs, etc.
The eligibility criteria for the PM-Kisan scheme are quite simple and easy to meet. Any farmer who has cultivable landholding of up to 2 hectares is eligible for the scheme. Even the farmers who have cultivable lands in the name of several family members can also avail themselves of the scheme benefits.
The PM-Kisan scheme has proved to be beneficial for the farmers, especially during these hard times of the pandemic, where the economy has slowed down, and the farmers are facing the challenge of selling their produce and getting a fair price. Under this scheme, the farmers receive financial aid directly to their bank accounts, which helps them to make better investments in their farming activities.
The PM-Kisan scheme has also been implemented with a lot of efficiency, and the beneficiaries can check their PM-Kisan status online with ease. They can easily track their application status, payment status, and other relevant details related to the scheme.
The PM-Kisan scheme is a significant step towards ensuring the financial stability of small and marginal farmers, and it has been successful in achieving its objectives so far. By providing direct financial assistance to the farmers, the scheme has helped in boosting their morale, and it has given them the confidence to invest in their farming activities.
In conclusion, the PM-Kisan scheme is a great initiative that has empowered the farmers in the country and has ensured their financial stability. The scheme has been successful in implementing its goals of providing financial support to small and marginal farmers, and it has helped them to invest in their farming activities and secure a better future for themselves and their families.