PRADHAN MANTRI KISAN SAMMAN NIDHI (PM-KISAN)

Objective

  • To provide income support to all Small and Marginal landholding farmer families having cultivable land.
  • To supplement the financial needs of the farmers in procuring various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income.

Salient Features

  • It is a Central Sector Scheme.
  • Came into effect on 01.12.2018
  • Launched by PM on 24th Feb, 2019
  • Income support of Rs. 6000/- per year is provided to all land holding farmer families across the country, irrespective of land size, in three equal instalments of Rs. 2000/- every four months.
  • Initially size land limit was up to 2 hectares but, now extended to all land holding sizes.
  • Definition of family for the scheme is husband, wife and minor children.
  • Land must be in farmers own name
  • Responsibility of Identification of beneficial farmer families rests with the State/ UTs Government.
  • Fund is directly transferred to the bank accounts of the beneficiaries.
  • Farmers can do their self-registration through the Farmers Corner in the portal or through Common Service Centers.
  • The benefit shall be paid to only those farmers families whose names are entered into the land records except for Forest dwellers, North-eastern states and Jharkhand which has separates provisions for land records.
  • PM-KISAN Mobile App was launched on 1st Anniversary of PM KISAN on which farmers can view the status of their application, update or carry out corrections of their Aadhaar cards and also check history of credits to their bank accounts.
  • Exclusives: Certain categories of beneficiaries of higher economic status such as institutional land holders, former and present holder of constitutional posts, persons who paid income tax in last assessment year etc. shall not be eligible for benefit under the scheme.
  • Professionals like Doctors, Engineers, Lawyer, CA, Architects registered with professional bodies and carrying out profession by undertaking practices.
  • All PM-KISAN beneficiaries will be given the Kisan Credit Cards (KCC) so that farmers can take easy loans from the banks. This will help all such farmers to get short term loan for crop & animal/fish rearing at a maximum interest of 4% on timely repayment.

Leave a Reply

Your email address will not be published. Required fields are marked *