PM Kisan Samman Nidhi - 10 things to know with detail
- 1. PM Kisan Samman Nidhi is a government scheme launched by the Prime Minister of India to provide financial assistance to small and marginal farmers.
- 2. Under this scheme, eligible farmers receive a direct income support of Rs. 6,000 per year in three equal instalments of Rs. 2,000 each.
- 3. The scheme aims to provide financial support to farmers for the purchase of seeds, fertilizers, and other inputs to enhance their agricultural productivity.
- 4. The scheme is open to all eligible farmers, including small and marginal farmers who own less than 2 hectares of land.
- 5. The financial assistance provided under PM Kisan Samman Nidhi is transferred directly to the bank accounts of the beneficiaries through direct benefit transfer (DBT).
- 6. The scheme was launched in February 2019 and is implemented by the Ministry of Agriculture and Farmers Welfare.
- 7. To avail the benefits of PM Kisan Samman Nidhi, farmers need to register themselves on the official PM Kisan portal or visit the nearest Common Service Centre (CSC).
- 8. The scheme has been extended to cover all farmers, including tenant farmers, sharecroppers, and landless agricultural labourers.
- 9. The government has allocated a budget of Rs. 75,000 crore for the scheme in the financial year 2021-22, with an aim to benefit over 14 crore farmers.
- 10. PM Kisan Samman Nidhi has been widely praised for its impact in providing financial stability to farmers and improving their livelihoods.