Pradhan Mantri Kisan Samman Nidhi

 

Pradhan Mantri Kisan Samman Nidhi :

• Pradhan Mantri Kisan Samman Nidhi Yojana is a central sector scheme (fully funded by the Union government).

• It is being implemented by the Ministry of Agriculture and Farmer’s Welfare.

• 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.

• The scheme provides income support to the farmers and their families. Under this scheme, all small and marginal farmers having cultivable land upto 2 ha 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 entire responsibility of identification of beneficiary farmer families rests with the State/UT Governments.

• The direct transfer of funds is one of the biggest advantages of this scheme. The money is directly transferred to the farmers.

• All the records related to farmers is registered officially on a digital platform which has made the registration and fund transfer easy. The digitalised records have brought about a new start to this welfare scheme.

• The PM-KISAN Mobile App developed and designed by the National Informatics Centre in collaboration with the Ministry of Electronics and Information Technology has been launched. The farmers can view the status of their application, update or carry out corrections of their Aadhaar cards and also check the history of credits to their bank accounts.