Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) is a flagship scheme launched by the Government of India in February 2019. The scheme aims to provide financial assistance to eligible farmers by providing them with a fixed income of Rs. 6,000 per year. The scheme is targeted towards small and marginal farmers who own less than two hectares of land.
Currently, the scheme covers about 10 crore farmers in the country. The government has disbursed over Rs. 1.15 lakh crore under this scheme since its launch. The funds are transferred directly to the bank accounts of the farmers in three equal installments of Rs. 2,000 each.
The objective of the scheme is to improve the livelihood of farmers by providing them with a stable income. The financial assistance provided under the scheme can be used by farmers to meet various agricultural expenses like buying seeds, fertilizers, and other necessary inputs for farming.
The scheme has been well received by the farming community across India. The central government has taken several measures to ensure that the benefits of the scheme reach the intended beneficiaries. The government has set up a portal where farmers can register themselves by providing details such as their Aadhaar, bank account, and landholding details.
The government has also launched a mobile app to facilitate the registration process. The app provides farmers with real-time information on their application status, payment status, and other relevant information related to the scheme.
The PM-KISAN scheme has helped to provide much-needed financial security to farmers during these challenging times. The scheme has provided substantial financial support to farmers during the COVID-19 pandemic, which has adversely affected the agricultural sector.
In conclusion, the Pradhan Mantri Kisan Samman Nidhi Yojana is a significant step towards empowering farmers and improving their livelihood. The scheme has received positive feedback from the farming community and has played a crucial role in providing financial support to farmers during these unprecedented times. The government should continue to take steps to improve the scheme’s implementation and ensure that the benefits reach the intended beneficiaries.