Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana
The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana has been making headlines recently because of its significant impact over the last three years. The scheme has reached around 11.78 crore farmers across India, with a total of ₹1.82 lakh crore distributed to eligible beneficiaries in various installments.
What is PM-KISAN?
Launch Date:
- The PM-KISAN Yojana scheme was launched on 24th February 2019.
Purpose:
- The scheme was introduced to provide financial support to landholding farmers, helping them meet their agricultural needs and enhance their crop yield.
Who Benefits?
- Initially, the scheme was designed for Small and Marginal Farmers (SMFs) with landholdings of up to 2 hectares. However, it was later expanded to include all landholding farmers, regardless of the size of their land.
Financial Assistance Provided
Yearly Support:
- Under PM-KISAN, each farmer’s family receives ₹6,000 per year.
Payment Breakdown:
- This amount is divided into three equal installments of ₹2,000, which are transferred directly to the farmers’ bank accounts every four months through the Direct Benefit Transfer (DBT) system.
How It’s Funded and Implemented
Type of Scheme:
- PM-KISAN is a Central Sector Scheme, meaning it’s entirely funded by the Government of India.
Who Runs It?
- The scheme is implemented by the Ministry of Agriculture and Farmers Welfare.
Objectives of PM-KISAN
- Meeting Financial Needs:
- The scheme aims to help farmers meet their financial needs for purchasing essential inputs, ensuring that they can maintain good crop health and achieve better yields.
- Preventing Debt:
- By providing financial support directly to farmers, the scheme aims to protect them from falling into debt traps set by moneylenders, ensuring they can continue farming without financial stress.
Recent Updates and Features
PM-KISAN Mobile App:
- To make it easier for farmers to access information and updates about the scheme, the National Informatics Centre (NIC) developed the PM-KISAN Mobile App in collaboration with the Ministry of Electronics and Information Technology.
Physical Verification:
- To ensure transparency and accuracy, a mandatory physical verification of 5% of beneficiaries is conducted each year. This helps maintain the integrity of the scheme and ensures that the benefits reach the right people.
Key Facts About PM-KISAN
| Feature | Details |
| Apply Online | Click Here (PM-KISAN Yojana) |
| Launch Date | 24th February 2019 |
| Target Beneficiaries | All landholding farmers (initially for SMFs with up to 2 hectares) |
| Annual Financial Assistance | ₹6,000 per year (in three installments of ₹2,000 each) |
| Disbursement Mode | Direct Benefit Transfer (DBT) |
| Funding | 100% Central Government funded |
| Implementing Ministry | Ministry of Agriculture and Farmers Welfare |
| Physical Verification | 5% beneficiaries verified annually |
| Mobile App | PM-KISAN Mobile App by NIC and Ministry of Electronics and IT |
PM-KISAN has had a substantial impact on the lives of farmers across India. With nearly 11.78 crore farmers benefiting from the scheme, and ₹1.82 lakh crore distributed, the initiative has proven to be a significant support system for the agricultural community.
The PM-KISAN Yojana is a vital initiative for India’s farmers. By offering timely financial aid, it helps farmers meet their immediate needs, reduces their reliance on high-interest loans from moneylenders, and ensures that they can continue their farming activities. With continuous updates like the introduction of the PM-KISAN Yojana Mobile App and annual physical verification, the scheme is becoming more efficient and effective, paving the way for greater agricultural success in the country.
Frequently Asked Questions (FAQ’s) About PM-KISAN Yojana
1. What is the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana?
- PM-KISAN is a government initiative launched in February 2019 to provide financial assistance to farmers across India. Under this scheme, eligible farmers receive ₹6,000 annually, divided into three equal installments, to help support their agricultural activities.
2. Who qualifies for the PM-KISAN Yojana?
- The scheme originally targeted Small and Marginal Farmers (SMFs) with up to 2 hectares of land. However, it has since been expanded to include all landholding farmers, regardless of the size of their land.
3. How is the financial assistance provided?
- The ₹6,000 annual benefit is directly deposited into the farmers’ bank accounts via the Direct Benefit Transfer (DBT) system. The amount is disbursed in three installments of ₹2,000 each, every four months.
4. How can farmers register for the PM-KISAN scheme?
- Farmers can register online through the PM-KISAN portal or by visiting their nearest Common Service Center (CSC). Required documents include an Aadhaar card, landholding documents, and bank account details.
5. How can farmers check their payment status?
- Farmers can check the status of their payments on the PM-KISAN portal by entering their Aadhaar number, bank account number, or mobile number. Alternatively, they can use the PM-KISAN Mobile App.