What is The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) ?

What is The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)

The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme is a government initiative launched by the Prime Minister of India, Narendra Modi, in 2019. The scheme aims to provide financial assistance to small and marginal farmers across the country. The scheme provides a direct income support of Rs. 6,000 per year to small and marginal farmers, which is paid in three equal instalments of Rs. 2,000 each.

The PM-KISAN scheme is aimed at providing financial assistance to small and marginal farmers who are facing financial difficulties due to low crop yields and a lack of access to credit. The scheme is intended to help farmers improve their livelihoods and increase their income. It is also intended to improve the overall agricultural sector in India by providing farmers with the necessary resources to improve their crop yields and productivity.

The scheme is open to all small and marginal farmers in the country, regardless of their caste, religion, or gender. To be eligible for the scheme, farmers must be small or marginal farmers, as defined by the government, and must possess a valid landholding certificate. They also need to register themselves on the official PM-KISAN portal.

The scheme is implemented through a direct benefit transfer (DBT) system, which is intended to ensure that the financial assistance reaches the intended beneficiaries in a timely and efficient manner. Under the DBT system, the financial assistance is directly credited to the bank accounts of the eligible farmers. This eliminates the need for intermediaries and reduces the chances of fraud or corruption.

The scheme also provides an insurance cover of Rs. 2 Lakhs to all the farmers in case of accidental death, permanent disability and accidental hospitalization. This will provide an additional security to the farmers and will help them in difficult times.

One of the key features of the PM-KISAN scheme is its focus on inclusivity. The scheme is open to all small and marginal farmers, regardless of their caste, religion, or gender. This is intended to ensure that the benefits of the scheme reach a wide range of farmers and do not discriminate against any particular group.

The scheme has been widely welcomed by farmers across the country, who have praised its focus on inclusivity and its efforts to provide financial assistance to small and marginal farmers. The government has also been praised for its efforts to provide farmers with the necessary resources to improve their crop yields and productivity.

The PM-KISAN scheme has also been credited with helping to improve the overall agricultural sector in India. The scheme has provided farmers with the necessary resources to improve their crop yields and productivity, which has led to an increase in crop yields and a reduction in poverty among farmers.

In conclusion, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme is a government initiative that aims to provide financial assistance to small and marginal farmers across the country. The scheme provides a direct income support of Rs. 6,000 per year to small and marginal farmers, which is paid in three equal instalments of Rs. 2,000 each. The scheme is aimed at providing financial assistance to small and marginal farmers who are facing financial difficulties due to low crop yields and a lack of access to credit. The scheme is open to all small and marginal farmers in the country, regardless of their caste, religion, or gender, and is implemented through a direct benefit transfer (DBT) system. The scheme has been widely welcomed by farmers across the country, who have praised its focus on inclusivity and its efforts to provide financial assistance to small and marginal farmers.