Pradhan Mantri Kisan Samman Nidhi Yojna (PM-KISAN) is a government scheme initiated by the Indian government to financially assist farmers across the country. The scheme was launched in February 2019 and has since then been providing monetary assistance to farmers, especially those who are relatively small and marginal, to help them cope with the economic burden of farming.
Here are some frequently asked questions regarding the PM-KISAN scheme:
What is PM-KISAN?
PM-KISAN is a central government scheme that provides financial assistance to farmers directly to their bank accounts. Under this scheme, eligible farmers are given Rs. 6,000 annually in three equal instalments.
Who is eligible for the PM-KISAN scheme?
All farmers, irrespective of the size of their landholding, except for those who are paying income tax, are eligible for the PM-KISAN scheme. Additionally, the farmers should have a valid Aadhaar number and a bank account.
How to apply for the PM-KISAN scheme?
There is no need for farmers to register for the scheme as the state governments upload the details of the eligible beneficiaries on the PM-KISAN portal. Moreover, the eligible beneficiaries receive the financial help directly into their bank accounts.
What is the payment mode for PM-KISAN?
The payments are made through the Direct Benefit Transfer (DBT) mode. The beneficiaries receive the instalments of Rs. 2,000 each, directly into their registered bank accounts, in four equal instalments every year.
Can farmers from all parts of India apply for PM-KISAN benefits?
Yes, the PM-KISAN scheme is open to all farmers, irrespective of their location across India. The scheme covers all states and union territories.
What are the benefits of PM-KISAN?
The PM-KISAN scheme is aimed at ensuring benefits for the farmers across the country. The benefits include:
1. Financial assistance directly into the bank accounts of farmers
2. Improved agriculture and increased income for the farmers
3. Reduction in distress migration from rural areas to urban centres
4. Enhancement in the socio-economic status of the farmers
In conclusion, the PM-KISAN scheme is one of the many government initiatives that aim to improve the agricultural sector in India and, at the same time, provide financial assistance to farmers who are struggling to earn their livelihoods. By providing much-needed support, the government is working towards achieving the goal of doubling farmer’s income by 2022.