The Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme was launched by the Government of India in December 2018 with the aim of providing financial assistance to small and marginal farmers. Under this scheme, eligible farmers receive Rs. 6,000 per year in three equal instalments directly into their bank accounts.
Since its inception, the PM-Kisan scheme has had a significant impact on the lives of millions of farmers across the country. The financial assistance provided under the scheme has helped farmers meet their agricultural expenses, purchase seeds, fertilizers, and other inputs, and improve productivity. The scheme has also helped in reducing the financial burden on farmers and improving their overall livelihoods.
As of now, more than 11 crore farmers have been enrolled under the PM-Kisan scheme, and over Rs. 75,000 crore has been disbursed to farmers across the country. The government has also taken several measures to streamline the implementation of the scheme and ensure that the benefits reach the intended beneficiaries in a timely manner.
Recently, the government announced the expansion of the PM-Kisan scheme to include all farmers, regardless of the size of their land holdings. This move is expected to further increase the reach and impact of the scheme and benefit a larger number of farmers.
Overall, the PM-Kisan scheme has been a game-changer for small and marginal farmers in India, providing them with much-needed financial support and helping them improve their agricultural practices. The scheme has not only helped farmers increase their income but has also contributed to the overall development of the agricultural sector in the country. With the government’s continued focus on the welfare of farmers, the PM-Kisan scheme is expected to play a crucial role in transforming the lives of farmers and ensuring their economic well-being in the years to come.