PM Kisan Yojana - 10 things to know with detail
- 1. PM Kisan Yojana is a government scheme launched by Prime Minister Narendra Modi in February 2019 to provide financial support to small and marginal farmers.
- 2. Under this scheme, eligible farmers receive an income support of Rs. 6,000 per year in three equal installments of Rs. 2,000 each directly into their bank accounts.
- 3. The scheme aims to help farmers in meeting their agricultural expenses and improve their livelihoods.
- 4. The benefit under PM Kisan Yojana is provided to all landholding farmer families across the country, irrespective of the size of their landholding.
- 5. To be eligible for the scheme, farmers must have a valid Aadhaar card and a registered bank account.
- 6. The government has set a target of reaching out to 14 crore farmers under the PM Kisan Yojana.
- 7. The scheme is implemented by the Ministry of Agriculture and Farmers Welfare, Government of India.
- 8. The funds for PM Kisan Yojana are directly transferred to the beneficiaries' bank accounts through Direct Benefit Transfer (DBT).
- 9. The scheme also has a provision for online registration, where farmers can register themselves through the official PM Kisan portal.
- 10. PM Kisan Yojana has been lauded for its direct benefit transfer mechanism, which ensures that the financial support reaches the intended beneficiaries without any intermediaries.