
Image credits: PTI
The Pradhan Mantri Kisan Samman Nidhi (PM KISAN) scheme is a central sector scheme launched in February 2019, providing an income support of Rs 6,000 per annum to all land-holding farmer families in three tranches of Rs 2,000 each. The scheme is 100 per cent funded by the government, and the nineteenth installment is being issued today, on February 24. Prime Minister Narendra Modi congratulated all the farmers from across the country, stating that in the six years since its inception, farmers have received Rs 3.5 lakh crore. The agriculture sector in the country has developed rapidly, with the financial help being provided to millions of small farmers increasing their access to the market, reducing the cost of agriculture, and increasing their income.
There are certain exclusion criteria from the PM Kisan scheme, including institutional landholders, farmer families with high economic status, and individuals who paid income tax in the last assessment year. The following categories of beneficiaries are excluded from the scheme: all institutional landholders, former and present holders of constitutional posts, former and present ministers, state ministers, and former and present Members of Lok Sabha, Rajya Sabha, state legislative assemblies, and state legislative councils. Additionally, all serving or retired officers and employees of central, state government ministries, offices, departments, and its field units are excluded, as well as professionals like doctors, engineers, lawyers, chartered accountants, and architects registered with professional bodies.
To enrol in the PM-KISAN scheme, applicants must submit their name, age, gender, and category, as well as their Aadhaar number, bank account number, and IFSC code. The eKYC process is mandatory for the PM-KISAN scheme, and all registered farmers must complete their eKYC process using one of the three modes available: OTP-based eKYC, biometric-based eKYC, or face-authentication-based eKYC. Farmers can check their beneficiary status on the website by entering their Aadhaar number or account number. The government has made it easier for farmers to access the scheme and receive the benefits, with the scheme significantly impacting the farmers and addressing their financial requirements.
The PM Kisan scheme has been successful in providing income support to land-holding farmer families, with the nineteenth installment being released today. The scheme has transferred a total of Rs 22,000 crore directly into the individual accounts of 9.8 crore farmers. The scheme is an important initiative by the government to support the farmers and improve their economic condition. Here are the key points to note about the PM Kisan scheme: * The scheme provides an income support of Rs 6,000 per annum to all land-holding farmer families. * The scheme is 100 per cent funded by the government. * The eKYC process is mandatory for the PM-KISAN scheme. * Farmers can check their beneficiary status on the website. * The scheme has transferred a total of Rs 22,000 crore directly into the individual accounts of 9.8 crore farmers.
In conclusion, the PM Kisan scheme is an important initiative by the government to support the farmers and improve their economic condition. The scheme has been successful in providing income support to land-holding farmer families, and the nineteenth installment is being released today. The scheme is a significant step towards improving the lives of farmers and addressing their financial requirements. With the government making it easier for farmers to access the scheme and receive the benefits, the scheme is expected to have a positive impact on the agriculture sector and the economy as a whole.
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