PM Kisan Samman Nidhi Scheme

The PM Kisan Samman Nidhi Yojana was announced in the Indian Government in order to benefit farmers across the country. This plan helps small-sized as well as marginal producers financially. As part of the plan, farmers are provided with the minimum amount of financial aid as much as Rs. 6,000 annually.

The Prime Minister Kisan Samman Nidhi Yojana gives an income supplement of up to Rs. 6000 to households of all landholder farmers in India. The money is distributed regularly every four months. divided into three equal installments of Rs. 2,000 each.

PM Kisan 17th Installment Released

PM Narendra Modi released the 17th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on June 18, 2024 in Varanasi, Uttar Pradesh. Through this scheme, nearly 20 million rupees were transferred to account of 9.26 million farmers.

PM-Kisan Scheme Details

FeatureDescription
EligibilitySmall and marginal landholding families with cultivable land registered in their names
Annual supportRs. 6,000
Installment amountRs. 2,000
Installment disbursementApril-July, August-November, and December-March
websitehttps://pmkisan.gov.in/
Helpline number01124300606,155261

History

In the year 2018 the Telangana government introduced in the year 2018, Telangana’s government launched Ryuthu Bandhu scheme. It was designed to give an undetermined amount of cash twice per year to farmers to assist with their investments in agriculture. The scheme was praised widely and praise for providing direct benefits to farmers.

The Ryuthu Bandhu scheme come under the success of the scheme, it was decided that the Government of India introduced a similar investment support scheme to farmers. Therefore, The PM Kisan Samman Nidhi Yojana was launched on December 1st 2018. As per the Indian government’s announcement at the beginning that the amount of Rs. 75,000 crore has been allocated to the scheme each year.

Similar to this the government has also launched different schemes aimed at the wellbeing of many segments of society. A few examples include those of the Pradhan Mantri Garib Kalyan Yojana, Pradhan Mantri Vaya Vandana Yojana and the Pradhan Mantri Shram Yogi Maan-dhan.

Objectives

India as an agrarian economy, is home to more than 54% of its workforce employed in the agriculture sector. Thus, the sector of agriculture is a major part of the macroeconomics of the nation and farmers constitute an integral part of society. However, in the past, the agricultural community has been struggling financially because of the inequality in the economy that divides rural and urban regions of the country. The rural community has been struggling through the years because of a lack of income.

So it is clear that it is clear that the PM Kisan Samman Nidhi Yojana seeks to end the long-standing gap. The Indian government commenced the program to add financial aid to farmers.

On the 9th of August of 2020 The Indian government announced the sixth installment of the scheme. It was launched when it was expanded by 8.5 millions Indian farmers. Additionally this PM Kisan Samman Nidhi Yojana aims to help more than 125 million farmers across the country. It specifically targets farmers who are of little or no size.

Features

Programmes like those offered by the PM Kisan Samman Nidhi Yojana and The Pradhan Mantri Dhanlaxmi Yojana give a fair playing field for the less fortunate groups of society. The aforementioned programs aim to warrant the wellbeing of farmers as well as young girls across the rural areas.

1. Financial support

The main benefit of this program is that it provides an ongoing financial aid for farmers who are eligible, in the amount in the amount of Rs. 6,000 annually. In order to benefit to handle their financial affairs, this money is not paid in one go. Instead, it is disbursed in instalments of Rs. 22,000 every four months.

Farmers can use the funds to assure their wellbeing. There is no limitation on how farmers may make use of the funds. Thus, there is no obligation that a beneficiary has to make use of the funds to pay for agricultural expenses.

2. The availability of loans

This PM Kisan Samman Nidhi Yojana offers loans for farmers on a short-term basis who can access with your Kisan credit card. Farmers can get loans of up to 3 lakh rupees. 3 lakh, with no collateral. The loans are offered at a an interest rate that is lower and offer the borrower an choice to pay back the loan in a variety of ways. on the loans.

3. Identification of farmers

The central government distributes money to farmers, the states as well as Union Territory governments are responsible for determining the eligibility of beneficiaries. According to the program, a family is defined as comprising spouse, husband and children under the age of.

Eligibility criteria

To qualify for PM Kisan Schemes, a person should be:

  • A citizen of India
  • A small or marginal farmer
  • Family owning cultivable farmland

Farmers belonging to both urban and rural regions can register for the PM Kisan Samman Nidhi Yojana.

Categories not qualify for PM Kisan Scheme

  • Institutional landholder
  • Any retiree who draws a pension of Rs. 10,000 or more every month
  • Individuals who have filed for income tax in the previous year
  • Families with any member fulfilling any of the following criteria:
    • Holding or previously held a constitutional post
    • Currently or previously served in any ministry/department/office of the government
    • Were a part of any Public Sector Undertaking under the state or centre
    • Former or current members of the Lok Sabha/Rajya Sabha/State Legislative Assembly/State Legislative Councils
    • Former or current chairperson of a Panchayat
    • Former or current mayor of any of the Municipal corporation
    • Is in the professional field as a doctor, an engineer, a CA, a lawyer, or an architect.

Required Documents

  • Age proof, such as a birth certificate.
  • Identity proof, including Aadhaar card, PAN card, or driving license.
  • Address proof, like a voter ID card or ration card.
  • Bank details, including passbook and account information.
  • Nominee details, such as their Aadhaar or PAN card, or income documents.
  • Land ownership documents, like a Khatauni details.

Benefits

The most significant benefit of the PM Kisan scheme is direct transfer of funds, which helps ease the financial burdens of farmers. One of the most significant occasions associated with the program was when the sum of Rs. 18,000 crore was transferred direct to nine crore farmer’s accounts in the bank on the 25th of December, 2020.

EligibilityAll farmer families with cultivable land, irrespective of landholding size
Annual SupportRs. 6,000
Installment AmountRs. 2,000
Installment Frequency3 installments per year
Payment PeriodsApril-July, August-November, December-March

PM Kisan Status Online

To check PM-Kisan beneficiary status, follow below the steps:

  • At the homepage go to the ‘Farmer’s Corner’ section.
  • On the new page, Enter your Registration Number to search for your status.
  • Click on the ‘Get OTP’ and submit the received OTP on the registered mobile number. Your PM-KISAN status show on display including the status of your payments also.

Beneficiary List 2024

To check the beneficiary list for the PM KISAN scheme, follow below the steps:

  • Visit PM KISAN official website.
  • On this page select Your State, District, Sub-District, Block, and Village.
  • After fill all the required information, click on ‘Get Report’ to view the list.
  • Now the list of beneficiaries displayed on your screen including the status of their benefit disbursement.

New Farmer Registration Process

To register new farmer for the PM KISAN scheme, follow below the steps:

  • At the home page go to the “Farmer’s Corner” and click on “New Farmer Registration” option.
PM Kisan
  • New Farmer Registration form open then Select “Rural Farmer Registration” then “Enter Aadhaar No” Mobile Number and select your “State” next fill captcha code and click on “Get OTP” button.
  • Review and submit your form and Your application will be verified by local authorities.
  • Once your Application approved, benefits are directly transferred to your bank account as per the scheme’s schedule.

Installment Dates

Below is the list of all installments issued to farmers under the PM Kisan Samaan Nidhi Schemes:

Installment NumberRelease Date
1st InstallmentFebruary 24, 2019
2nd InstallmentMay 2, 2019
3rd InstallmentNovember 1, 2019
4th InstallmentApril 4, 2020
5th InstallmentJune 25, 2020
6th InstallmentAugust 9, 2020
7th InstallmentDecember 25, 2020
8th InstallmentMay 14, 2021
9th InstallmentAugust 10, 2021
10th InstallmentJanuary 1, 2022
11th InstallmentJune 1, 2022
12th InstallmentOctober 17, 2022
13th InstallmentFebruary 27, 2023
14th InstallmentJuly 27, 2023
15th InstallmentNovember 15, 2023
16th InstallmentFebruary 28, 2024
17th InstallmentJune 18, 2024

PM-KISAN Mobile App

The PM-KISAN mobile application was launched the 24th of February, 2020 through the Hon’ble Minister of Agriculture intends to boost transparency as well as increase the scope of access to the scheme. The app acts as an efficient and easy extension of the PMKISAN web portal, providing more access for farmers.

Kisan Samman Nidhi helpline number

PM-Kisan helpline number- 155261 / 011-24300606

Read Government Schemes SSO Portal

Leave a Comment