The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme is a government initiative aimed at providing financial assistance to small and marginal farmers in India. Under this scheme, eligible farmers receive direct income support of Rs. 6000 per year in three equal instalments. The scheme was launched by the government in December 2018 and has benefitted millions of farmers across the country.
The main objective of the PM-KISAN scheme is to provide financial support to farmers to enable them to meet their agricultural expenses and improve their overall livelihood. The scheme is expected to benefit over 14 crore farmers in India, making it one of the largest schemes of its kind in the world.
To be eligible for the PM-KISAN scheme, farmers must be small or marginal landholders with a landholding of up to 2 hectares. The scheme also covers tenant farmers and sharecroppers who are also eligible to receive the benefits. The financial assistance provided under the scheme is transferred directly to the bank accounts of the eligible beneficiaries through direct benefit transfer (DBT).
The PM-KISAN scheme has been widely praised for its impact on the lives of farmers across the country. The financial assistance provided under the scheme has helped farmers meet their immediate agricultural expenses, purchase seeds, fertilizers, and other inputs, and improve their overall income and livelihood. By providing direct income support to farmers, the government aims to ensure better financial security and stability for small and marginal farmers in India.
In conclusion, the PM-KISAN scheme has been a game-changer for small and marginal farmers in India. The financial assistance provided under the scheme has helped improve the livelihoods of millions of farmers and has contributed to the overall growth and development of the agricultural sector in the country. The government’s efforts to support farmers through initiatives like the PM-KISAN scheme are commendable and should be continued to ensure the well-being and prosperity of farmers across the country.