The Pradhan Mantri Kisan Samman Nidhi Scheme (PM-KISAN)is a transformative initiative by the Government of India aimed at providing financial support and stability to farmers across the country. Under this scheme, eligible farmers receive direct income support to meet their agricultural expenses and improve their livelihoods. Launched in February 2019, PM-KISAN has emerged as a vital component of the government’s commitment to the welfare and empowerment of farmers.
1.Pradhan Mantri Kisan Samman Nidhi Scheme
PM-KISAN aims to alleviate the financial burden on farmers by providing them with direct income support of Rs. 6,000 per year, payable in three equal installments. The scheme targets small and marginal farmers, who constitute a significant portion of the farming community in India. By providing timely financial assistance, PM-KISAN aims to enhance agricultural productivity, improve rural livelihoods, and ensure the well-being of farmers and their families.
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2. Eligibility Criteria for the Scheme
To avail the benefits of PM-KISAN, farmers need to fulfill certain eligibility criteria:
2.1 Land Ownership and Cultivation Requirements
- The farmer should be the owner or cultivator of agricultural land.
- The scheme primarily targets small and marginal farmers.
- The landholding should be in the name of the farmer or the farmer’s family members.
2.2 Exclusion Criteria
- Institutional landholders, such as government organizations, corporations, trusts, etc., are not eligible.
- Individuals who have paid income tax in the previous assessment year are excluded.
- Serving or retired officers and employees of state or central government, PSU employees, and individuals with non-agricultural incomes above a specified threshold are also ineligible.
3. Beneficiaery benifits nidhi yojana
PM-KISAN has several key objectives and benefits for farmers:
3.1 Income Support to Farmers
The primary objective of the scheme is to provide direct income support to farmers, enabling them to meet their agricultural expenses and invest in their farming activities. The financial assistance of Rs. 6,000 per year helps farmers improve their cash flow and sustains their agricultural operations.
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3.2 Enhancing Agricultural Productivity
By ensuring regular income to farmers, PM-KISAN contributes to enhancing agricultural productivity. The financial stability allows farmers to invest in better seeds, fertilizers, equipment, and modern farming techniques. This, in turn, boosts crop yields, improves farm practices, and promotes agricultural growth.
3.3 Financial Security and Stability for Farmers
pradhan mantri Kisan Samman Nidhi scheme offers financial security and stability to farmers by providing a predictable and consistent source of income. This income support acts as a safety net during periods of crop failure, natural disasters, or market fluctuations. It helps farmers cope with financial uncertainties and reduces their dependence on informal sources of credit with high-interest rates.
4. Implementation and Process
The implementation of the pradhan mantri Kisan Samman Nidhi scheme involves a streamlined process to ensure the effective and efficient disbursement of funds to eligible farmers.
4.1 Registration and Application Procedure
Farmers can register for the scheme through the designated online portal or at the nearest Common Service Centers (CSCs) in their respective states. They need to provide essential details such as their Aadhaar card, bank account number, and landholding documents during the registration process.
4.2 Disbursement of Funds
Once the eligibility of the registered farmers is verified, the funds are directly transferred to their registered bank accounts in three equal installments over the financial year. The government has leveraged technology and Aadhaar authentication to ensure transparent and seamless fund transfers.
4.3 Monitoring and Transparency
The implementation of PM-KISAN is closely monitored to maintain transparency and prevent any misappropriation of funds. Periodic reviews, evaluations, and audits are conducted to ensure that the benefits reach the intended beneficiaries. The government has also put in place mechanisms to address grievances and complaints through helpline numbers and online platforms.
5. Impact of the Scheme
Since its inception, the pradhan mantri Kisan Samman Nidhi scheme has had a significant impact on farmers and the agricultural sector in India.
5.1 Reduction of Farmer Distress
By providing direct income support, PM-KISAN has helped alleviate financial stress among farmers. The scheme has provided a much-needed lifeline to small and marginal farmers, enabling them to meet their basic needs, repay debts, and invest in their farms without resorting to distress selling of products or assets.
5.2 Boosting Rural Economy
The financial support from PM-KISAN has a multiplier effect on the rural economy. Increased income in the hands of farmers translates into higher demand for goods and services in rural areas, stimulating economic growth. The scheme has contributed to the creation of employment opportunities, improved rural infrastructure, and enhanced the overall standard of living in rural communities.
5.3 Improving Agricultural Infrastructure
PM-KISAN has encouraged farmers to invest in improving agricultural infrastructure and adopting modern farming techniques.
The increased income has enabled them to make investments in irrigation systems, machinery, and storage facilities, leading to enhanced productivity, reduced post-harvest losses, and increased farm incomes.
6. Challenges and Future Scope
While PM-KISAN has made significant strides in supporting farmers, several challenges remain to be addressed, and the scheme has the potential for further development.
6.1 Ensuring Last-Mile Connectivity
Efforts need to be made to ensure that the benefits of PM-KISAN reach every eligible farmer, especially those residing in remote and inaccessible regions. Providing adequate infrastructure and strengthening technological connectivity in such areas will help bridge the gap and ensure the inclusivity of all farmers.
6.2 Extending Support to Small and Marginal Farmers
To maximize the impact of PM-KISAN, there is a need to focus on extending support to small and marginal farmers who often face greater challenges due to limited resources and landholding. Tailored initiatives and targeted interventions can help uplift these farmers and ensure equitable distribution of benefits.
6.3 Incorporating Technological Innovations
Leveraging technology and incorporating digital solutions can further streamline the implementation and monitoring of PM-KISAN. Integration with other agricultural schemes and databases can enhance data accuracy and ensure better coordination among various stakeholders. Additionally, the use of mobile applications and online platforms can facilitate real-time updates, faster communication, and easier access to information for farmers.
The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme has emerged as a crucial initiative in empowering farmers and providing them with much-needed financial support. By offering direct income assistance, the scheme aims to enhance agricultural productivity, alleviate farmer distress, and foster rural economic growth. PM-KISAN has not only provided financial stability to farmers but has also contributed to improving agricultural infrastructure and promoting sustainable farming practices. However, there is a need to address challenges such as last-mile connectivity and ensuring support to small and marginal farmers. With continuous efforts, technological advancements, and targeted interventions, PM-KISAN has the potential to create a transformative impact on the lives of farmers and the agricultural sector in India.
What is KYC for PM Kisan?
KYC, or Know Your Customer, is an essential process implemented for the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme to ensure transparency and prevent any fraudulent practices. It serves as a means to verify the identity and eligibility of farmers who wish to avail themselves of the benefits offered by the scheme.
How can I apply for PM Kisan KYC?
There are two ways to apply for PM Kisan KYC:
Go to the official PM Kisan website: https://pmkisan.gov.in/
Click on the “eKYC” tab.
Enter your Aadhaar number and captcha code.
Click on the “Submit” button.
You will be asked to provide your biometric data (fingerprint or iris scan).
Once your biometric data is verified, your KYC will be completed.
Visit the nearest CSC center or PM-Kisan Seva Kendra.
Provide your Aadhaar card and bank account details to the center’s authorized person.
The authorized person will enter your Aadhaar number into the system and initiate the biometric authentication process.
Once your biometric data is verified, your KYC will be completed.
It is important to note that you must complete your KYC before you can receive the next installment of PM Kisan benefits.
When is the PM Kisan Samman Nidhi Yojana issued?
The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) was issued on 24th February 2019.