PM Kisan Samman Nidhi Yojana

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.

Prime Minister 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.

Table of Contents

About PM Kisan Samman Nidhi Yojana – Key Features of Scheme

The highlights of the PM-KISAN scheme are given in the table below:

Name of the scheme	PM-KISAN Yojana
Full-Form	Pradhan Mantri Kisan Samman Nidhi Yojana
Date of launch	24th February 2019
Government Ministry	Ministry of Agriculture and Farmers Welfare
Official Website	https://pmkisan.gov.in/

Objectives of PM-KISAN scheme

Pradhan Mantri Kisan Samman Nidhi Yojana is executed as a focal area plot by the Government of India. This plan was acquainted with increase the kind of revenue of numerous little and minor farmers

All land holding eligible farmer families (subject to the prevalent exclusion criteria) are to avail of the benefits under this scheme, as per the cabinet decision taken during May 2019. The revised Scheme is expected to cover around 2 crore more farmers, increasing the coverage of PM-KISAN to around 14.5 crore beneficiaries.

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Earlier, under the scheme, financial benefit has been provided to all Small and Marginal landholder farmer families with total cultivable holding upto 2 hectares with a benefit of Rs.6000 per annum per family payable in three equal installments, every four months.

Benefits and Features of Kisan Samman Nidhi Yojana

Under this scheme, you will be provided an amount of Rs 6000, which will be directly transferred to the eligible bank account.
If the applicant farmer will get his registration done online, then only he will be able to take advantage of the amount received in this scheme.
The benefits of PM Kisan scheme can be availed by only farmers of every state of India except West Bengal.
Recently, new laws have been made for this scheme and the PM says that it will not harm the farmers and their families.
This scheme was started shortly after Narendra Modi became PM, which has helped all the farmers a lot.
All the farmers can buy seeds and food items for their farming with the benefit received under this scheme and can also use it for their economic needs.
The objective of PM Kisan Scheme is to meet the financial needs of farmers in obtaining agricultural inputs to ensure proper crop health and proper yield.
The family of landholder farmers is defined as a family under the guidelines of the scheme consisting of husband, wife and minor children.
The main objective of the government is to provide better livelihood to the farmers doing farming through this scheme and to make the farmers self dependent and empowered.

Eligibility to avail benefits under PM-KISAN scheme

Any small or marginal farmer should not fall under the following criteria to be eligible under the Pradhan Mantri Kisan Samman Nidhi Yojana. Below are some of the categories of beneficiaries who are not eligible for benefit under this scheme:

Any institutional land-holders.
The farmer as well as any member of the family belonging to the following categories:
Former and present holders of constitutional posts
Former and present Ministers/ State Ministers
Former or present members of LokSabha/ RajyaSabha/ State Legislative Assemblies/ State Legislative Councils
Former and present Mayors of Municipal Corporations
Former and present Chairpersons of District Panchayats.
Any serving or retired officers as well as employees under the Central/ State Government Ministries /Offices/Departments.
All retired pensioners who get a monthly pension of Rs.10,000/-or more and belonging to the above category.
Any individual who paid their income tax in the last assessment year is not eligible under this scheme.
Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects registered with Professional bodies and carrying out profession by undertaking practices.

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The farmers eligible under the scheme are required to produce the below-mentioned documents for their verification: