Transforming Agriculture: The Pradhan Mantri Kisan Samman Nidhi Initiative

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Pradhan Mantri Kisan Samman Nidhi

Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) is a flagship scheme of the Government of India aimed at providing financial support to small and marginal farmers across the country. Launched in February 2019, PM-Kisan seeks to ensure a direct and structured income support system for farmers, helping them meet their financial needs and contribute to their economic well-being.

Key features of the Pradhan Mantri Kisan Samman Nidhi:

  1. Financial Assistance: Under PM-Kisan, eligible farmers receive direct income support of Rs. 6,000 per year in three equal installments of Rs. 2,000 each. This financial assistance is provided to support farmers in meeting their expenses related to agriculture and allied activities.
  2. Beneficiary Criteria: The scheme primarily targets small and marginal farmers who own cultivable land up to 2 hectares. The financial assistance is directly credited to the beneficiaries’ bank accounts through Direct Benefit Transfer (DBT).
  3. Frequency of Payment: The financial assistance is distributed in three installments, typically credited in April, August, and December each year.
  4. Online Registration: Farmers can register for the PM-Kisan scheme through the official PM-Kisan portal. The registration process is designed to be simple and accessible to ensure that eligible farmers can easily avail themselves of the benefits.
  5. National Common Database of Farmers (NCDF): To ensure transparency and prevent duplication, the government maintains a comprehensive database of farmers known as the National Common Database of Farmers. This database helps in the identification and verification of eligible beneficiaries.
  6. State Governments’ Role: State governments play a crucial role in the implementation of the PM-Kisan scheme. They are responsible for the identification of beneficiaries, data correction, and resolving any issues related to the scheme at the ground level.

The Pradhan Mantri Kisan Samman Nidhi has played a significant role in providing financial stability to small and marginal farmers across India. It is part of the government’s larger commitment to doubling farmers’ income by supporting them through various initiatives, including income support schemes like PM-Kisan. It has positively impacted the lives of millions of farmers and their families by providing a direct financial boost to their agricultural pursuits.

Visit official website for more details : https://pmkisan.gov.in/