Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) is a welfare scheme launched by the Indian Government in February 2019. The purpose of the scheme is to support small and marginal farmers with a financial assistance of Rs. 6,000 per year for their agricultural requirements. The amount is directly credited to the beneficiary’s bank account in three equal installments of Rs. 2,000 each.
The scheme aims to benefit around 12 crore farmers across the country by providing them financial stability and enabling them to invest in agriculture and allied activities. The government has allocated a budget of Rs. 75,000 crore for the implementation of PM-KISAN. The scheme is administered by the Department of Agriculture, Cooperation, and Farmers Welfare under the Ministry of Agriculture and Farmers Welfare.
The implementation of PM-KISAN has been a success to a large extent. The scheme has benefited over 10 crore farmers in the country. The government has disbursed around Rs. 1.15 lakh crore under the scheme till January 2021. The scheme has also helped in reducing the burden of small farmers by meeting their basic needs.
The government has also launched a PM-KISAN mobile app to facilitate the beneficiaries with registration, checking the status of their application, checking the payment status, and other related services. The app has witnessed a good response from the farmers, with over 1.5 crore downloads to date.
Furthermore, under the scheme, the government is also providing assistance to the states and Union Territories to implement the scheme in their respective regions. The government is continuously monitoring the implementation of the scheme and has taken several initiatives to ensure the timely delivery of benefits to the beneficiaries.
In conclusion, the Pradhan Mantri Kisan Samman Nidhi Yojana has been a game-changer for small and marginal farmers in India. The scheme has helped in providing financial stability to farmers and encouraging them to invest in agricultural activities. With the government’s continuous efforts, the scheme has been successful, and the implementation of the scheme is ongoing.