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Pradhan Mantri Kisan Samman Nidhi

Pradhan Mantri Kisan Sammann Nidhi (PMKSN, translation: Prime Minister's Farmer's Tribute Fund) is an initiative by the government of India in which all farmers will get up to u20b96,000 (US$84) per year as minimum income support.

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Pradhan Mantri Kisan Samman Nidhi

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  1. Prime Minister Kisan Samman Nidhi Scheme (PM-KISAN)

  2. Introduction Pradhan Mantri Kisan Samman Nidhi is a central sector scheme under the government of India which provides income support to the farmers and their families. PM-KISAN scheme was first implemented as the Rythu Bandhu scheme by the Government of Telangana where a certain amount was handed directly to the eligible farmers. Later, on 1 February 2019, during the 2019 Interim Union Budget of India, Piyush Goyal announced the implementation of this scheme as a nationwide project. Narendra Modi launched the PM-KISAN scheme on 24 February 2019 in Gorakhpur, Uttar Pradesh. Under this scheme, all small and marginal farmers will be provided with income support of Rs.6,000 per year in three instalments which will be deposited directly to their bank accounts. The total annual expenditure for this scheme is expected to be Rs.75,000 crore which will be financed by the Union Government in 2019-20.

  3. The Highlights of the PM-KISAN Scheme

  4. Objectives of PM Kisan Yojana scheme The objectives of the PM Kisan Samman scheme are: a) To boost the income of small and marginal farmers. b) The scheme will also help protect farmers from taking the help of moneylenders and falling in the never-ending cycle of paying interest. PM Kisan Samman Nidhi Yojna would ensure that farmers continue their profession without feeling any financial burdens.

  5. Eligibility Criteria for the PM Kisan Samman Nidhi Yojana The government laid bare the definition of family for the scheme to prevent any confusion. A family willing to benefit from the PM Kisan scheme must comply with this definition- “a family comprising of husband, wife and minor children who collectively own cultivable land up to 2 hectares as per land records of the concerned State/UT”. The state and UT governments are vested with the duty to identify such families and prevent any discrepancies.

  6. How to Check the PM Kisan Beneficiary List A) Visit the pm Kisan Samman Nidhi portal Kisan portal. B) Click the farmer’s corner option and select the beneficiary list option. C) Enter the details and select the option – Get Data. Read Full Article here -PM Kisan Scheme

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