Pradhan Mantri Kisan Samman Nidhi Yojana

A farmer bringinga bicycle through the field

Introduction

write the picture Pradhan Mantri Kisan Samman Nidhi YOjana with Modi G

objectives

  • To provide financial assistance to small and marginal farmers of the country.
  • To help farmers meet their agricultural requirements such as purchasing seeds, fertilizers, and other inputs for farming.
  • To increase the income of farmers and improve their standard of living.
  • To ensure timely access to institutional credit for farmers.
  • To promote sustainable agriculture practices.
  • To help farmers adopt modern technology and improve their productivity.
  • To reduce the dependence of farmers on informal credit sources and money lenders.
  • To ensure social security to farmers by providing them with a minimum fixed income support.
  • To provide a stable and predictable income source to farmers, thus reducing their economic distress.
  • To boost rural consumption and strengthen the rural economy.

eligibility criteria

  1. The scheme is applicable to all small and marginal farmers who own cultivable land in their name.
  2. The scheme is applicable to all farmers’ families, including the husband, wife, and minor children.
  3. The scheme is applicable to all farmers who own up to 2 hectares (5 acres) of cultivable land.
  4. The scheme is applicable to all farmers who have a valid Aadhaar card.
  5. The scheme is not applicable to institutional landholders or farmers who have retired from government service or have an income tax return of over Rs. 2.5 lakhs.
  6. The scheme is not applicable to farmers who hold constitutional posts such as MPs, MLAs, and ministers.
  7. The scheme is not applicable to farmers who have already availed themselves of other central government schemes such as the National Pension Scheme, PM Shram Yogi Maandhan Yojana, and PM Kisan Maandhan Yojana.

Registration Process

Online registration process

  1. Visit the official website of PM-Kisan, which is https://pmkisan.gov.in/.
  2. Click on the “New Farmer Registration” option available on the homepage.
  3. Enter your Aadhaar number and click on “Get Data” to verify your details.
  4. If your details are correct, you will be directed to a new page where you need to fill in the required details such as name, gender, date of birth, bank account details, and landholding details.
  5. Upload a scanned copy of your Aadhaar card, landholding documents, and bank passbook.
  6. Click on “Submit” to complete the registration process.

Offline registration process

  1. Visit the nearest Common Service Centre (CSC) or agriculture department office in your area.
  2. Collect the PM-Kisan application form from the office.
  3. Fill in the required details such as name, gender, date of birth, bank account details, and landholding details.
  4. Attach a photocopy of your Aadhaar card, landholding documents, and bank passbook.
  5. Submit the completed application form and documents to the office.

After the registration process is completed, the verification process will be initiated, and after successful verification, the farmer’s name will be added to the PM-Kisan Samman Nidhi Yojana beneficiary list.

Benefits and Incentives

A farmer is very happy to see his crop and he's standing in his field
  1. Financial assistance: The scheme provides financial assistance of Rs. 6000 per year to small and marginal farmers in three equal installments. This financial support will help farmers meet their agricultural needs such as purchasing seeds, fertilizers, and other inputs for farming.
  2. Direct Benefit Transfer (DBT): The financial assistance provided under the scheme is transferred directly to the bank account of the beneficiary farmers through the DBT mode. This ensures transparency and eliminates middlemen and corruption.
  3. Timely payment: The financial assistance is provided to farmers in three equal installments of Rs. 2000 each, which are paid directly to the bank accounts of the beneficiaries. This ensures timely payment and helps farmers meet their agricultural needs on time.
  4. Income stability: The financial assistance provided under the scheme ensures a minimum fixed income support to farmers, which provides them with income stability and reduces their economic distress.
  5. Access to institutional credit: The scheme helps farmers to get timely access to institutional credit, which they can use for their agricultural needs.
  6. Promotion of sustainable agriculture practices: The scheme promotes sustainable agriculture practices by providing financial assistance to farmers to adopt modern technology and improve their productivity.
  7. Boost to rural consumption: The scheme provides financial support to farmers, which in turn boosts rural consumption and strengthens the rural economy.
  8. Incentive for timely repayment of loans: The scheme provides an incentive of 3% interest subvention to farmers who repay their loans on time, which encourages timely repayment of loans and reduces the burden of debt on farmers.

Overall, the scheme provides significant benefits and incentives to small and marginal farmers of the country, which help them improve their livelihoods and promote sustainable agriculture practices.

Implementation and Monitoring

  1. Identification of beneficiaries: The first step in the implementation of the scheme is the identification of eligible beneficiaries. The government has used various means such as Aadhaar and landholding documents to identify the eligible farmers.
  2. Registration of beneficiaries: After the identification of eligible beneficiaries, the farmers are required to register themselves for the scheme. The registration process can be done online or offline, as per the convenience of the farmers.
  3. Verification of beneficiaries: After the registration process, the government verifies the details of the beneficiaries to ensure that only eligible farmers receive the benefits of the scheme. This verification process involves cross-checking the landholding documents and Aadhaar details of the farmers.
  4. Enrollment of beneficiaries: Once the verification process is completed, the government enrolls the eligible farmers into the scheme. The enrolled farmers are then added to the PM-Kisan beneficiary list.
  5. Transfer of financial assistance: The financial assistance of Rs. 6000 per year is directly transferred to the bank accounts of the beneficiaries through the DBT mode. The financial assistance is provided in three equal installments of Rs. 2000 each.
  6. Monitoring and evaluation: The government monitors the implementation of the scheme to ensure that the benefits reach the intended beneficiaries. The scheme’s impact is evaluated periodically to identify the areas that need improvement.
  7. Grievance Redressal: The government has set up a grievance Redressal mechanism to address the complaints and grievances of the beneficiaries. Farmers can raise their grievances through various channels such as email, toll-free number, or the PM-Kisan portal.

Conclusion

The Pradhan Mantri Kisan Samman Nidhi Yojana is a significant initiative by the Government of India to provide financial assistance to small and marginal farmers. The scheme aims to improve the economic condition of farmers by providing them with a regular income and promoting sustainable agriculture practices.

The PM Kisan Samman Nidhi Yojana has been successfully implemented in all states and union territories of India, and the government has taken various measures to ensure the smooth execution of the scheme. However, there are still some challenges that need to be addressed to make the scheme more effective, such as ensuring timely disbursal of funds and addressing the concerns of excluded farmers.

Overall, the PM Kisan Samman Nidhi Yojana has the potential to significantly benefit the farming community and contribute to the growth of the agriculture sector. With continued efforts and improvements, this scheme can play a crucial role in ensuring the welfare of farmers and promoting sustainable agriculture practices in India.

frequently asked questions

What is PM Kisan Samman Nidhi Yojana?

Pradhan Mantri Kisan Samman Nidhi Yojana is a central government scheme launched in February 2019 to provide financial assistance to small and marginal farmers.

Is there any age limit for the beneficiaries?

No, there is no age limit for the beneficiaries. All eligible farmers can avail of the benefits of the scheme.

What documents are required for registration?

The farmers are required to provide documents such as landholding papers, Aadhaar card, and bank account details to register for the scheme.

How can I apply for the scheme?

The farmers can apply for the scheme online or offline by visiting the nearest Common Service Centre (CSC) or agriculture department office.

What is the financial assistance provided under the scheme?

The scheme provides financial assistance of Rs. 6,000 per year to eligible farmers in three equal installments of Rs. 2,000 each.

Apna Samaaj

Our mission at Apna Samaaj is to connect underprivileged communities in India with the resources and opportunities they need to thrive. We aim to create a comprehensive platform that provides access to welfare schemes from government bodies and NGOs, as well as private organizations, helping to bridge the gap between those in need and those who can provide support. Through our efforts, we strive to empower individuals and communities, drive economic growth, and make a positive impact on society.