PM-KISAN Yojana: Key Features, Eligibility, and Benefits for Farmers
Understanding the Pradhan Mantri Kisan Samman Nidhi scheme for financial support to farmers.
Source: GNews PM SchemeThe PM-KISAN Yojana is a central sector scheme launched by the Government of India. It provides financial assistance to eligible farmer families across the country. Under this scheme, eligible farmers receive Rs 6,000 per year. This amount is paid in three equal installments of Rs 2,000 each. The funds are directly transferred to the bank accounts of beneficiaries. The scheme aims to supplement the financial needs of small and marginal farmers. It helps them meet expenses related to agriculture and allied activities. The scheme was launched to ensure income support for farmers and improve thei
- PM-KISAN is a Central Sector Scheme, meaning it is fully funded by the Government of India.
- The scheme provides an income support of Rs 6,000 per year to eligible farmer families.
- The amount is disbursed in three equal installments of Rs 2,000 every four months.
- Funds are directly transferred to the bank accounts of beneficiaries through Direct Benefit Transfer (DBT).
- Initially, the scheme covered small and marginal farmer families with up to 2 hectares of cultivable land, but it was later expanded to include all landholding farmer families.
- Exclusions include institutional landholders, government employees, income tax payees, and professionals like doctors and engineers.
Pradhan Mantri Kisan Samman Nidhi is a government scheme providing income support to farmer families in India. It offers Rs 6,000 annually in three installments, directly transferred to bank accounts, aiming to supplement farmers' financial needs for agricultural expenses.
For competitive exams, focus on the launch year, the annual financial assistance amount, the number of installments, and the key eligibility/exclusion criteria of the PM-KISAN scheme.
KISAN = K-Income S-Support A-Annually N-Nationwide. Remember it's Rs 6000 in 3 installments, like 3 letters in KISAN.