How to get the most out of the PM Kisan Samman Nidhi Yojana
The Narendra Modi government launched the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme in February 2019. The scheme is designed to provide financial support to small and marginal farmers across the country. Under the scheme, each farmer will receive a direct benefit transfer of Rs. 6000 per year, in three equal installments of Rs. 2000 each. The first installment will be paid in April, the second in July, and the third in October.
The scheme is expected to benefit around 12 crore farmers and cost the government Rs 75,000 crore per year. It is one of the largest welfare schemes launched by the Modi government and is seen as an attempt to win over farmers ahead of the 2019 Lok Sabha elections.
In this blog post, we will take a look at how farmers can make the most of the PM-Kisan scheme and tips on what they can do with the money they receive under the scheme.
What is the PM Kisan Samman Nidhi Yojana.
The PM Kisan Samman Nidhi Yojana is a Central government scheme that provides financial assistance to small and marginal farmers. The scheme was launched in February 2019. Under the scheme, eligible farmers will receive Rs. 6000 per year, in three equal installments of Rs. 2000 each.
To be eligible for the scheme, farmers must:
– Own less than 2 hectares of land
– Be registered with the state agricultural department
– Have a valid bank account
How to apply.
Farmers can apply for the PM Kisan Samman Nidhi Yojana through the official website or through the Common Service Centers (CSCs).
What are the benefits of the scheme?
The main benefit of the PM Kisan Samman Nidhi Yojana is the financial assistance of Rs. 6000 per year that farmers will receive. This money can be used by farmers to meet their expenses related to agriculture and farming, such as seeds, fertilizers, pesticides, etc. In addition, the scheme also aims to provide social security to farmers and their families by covering them under health and life insurance schemes’ futures and options.