Title: PM Kisan Samman Nidhi Yojna – Empowering Farmers Across India with Financial Assistance
Introduction:
The PM Kisan Samman Nidhi Yojna is a landmark initiative by the Government of India aimed at providing much-needed financial assistance to small and marginal farmers across the country. Launched in 2019, this welfare scheme aims to alleviate rural distress, boost agricultural productivity, and improve the income of farmers.
Objectives of PM Kisan Samman Nidhi Yojna:
The primary objective of the PM Kisan Samman Nidhi Yojna is to provide income support to farmers, helping them meet agricultural requirements and ensuring a sustainable livelihood. Some of the key objectives of this scheme include:
1. Financial assistance: Under the PM Kisan Samman Nidhi Yojna, eligible farmers receive direct income support of ₹6,000 per year in three equal installments of ₹2,000 each.
2. Assistance for small and marginal farmers: This scheme primarily targets small and marginal farmers who own up to 2 hectares of cultivable land. Such farmers often face financial constraints and are vulnerable to various risks and uncertainties associated with farming.
Eligibility Criteria:
To avail themselves of the benefits offered by the PM Kisan Samman Nidhi Yojna, farmers must meet certain eligibility criteria, including:
1. Land ownership: Farmers must be landowners and possess cultivable land. However, tenant farmers are not eligible for the scheme.
2. Farmer database: The scheme is linked to the farmer database maintained by the respective state or union territory governments. Farmers will be required to provide accurate details and ensure their names appear on this list.
3. Income criteria: The scheme is primarily intended for small and marginal farmers, and as such, individuals falling under the income tax bracket are not eligible to avail themselves of its benefits.
Key Features and Benefits:
1. Expanding coverage: The scheme aims to cover approximately 12 crore small and marginal farmers belonging to families across India.
2. Direct benefit transfer (DBT): The financial assistance of ₹6,000 under the scheme is directly transferred to the farmers’ bank accounts in three equal installments. This ensures transparency and eliminates intermediaries, preventing any potential leakages in the system.
3. Technology-driven approach: To ensure seamless implementation and facilitate registration, the scheme actively leverages technology. The online portal enables farmers to self-register, check their payment status, and update their Aadhaar and bank account details if required.
Conclusion:
The PM Kisan Samman Nidhi Yojna has brought relief to millions of small and marginal farmers across India by providing direct financial assistance. By helping farmers overcome financial constraints and meet their agricultural needs, the scheme paves the way for increased agricultural productivity and rural prosperity. With its technology-driven approach and focus on direct benefit transfer, the PM Kisan Samman Nidhi Yojna represents a significant step towards empowering farmers and ensuring a better livelihood for them.