P M Kisan Saman Nidhi Scheme

P M Kisan Saman Nidhi Scheme : Pradhana Mantri kisan saman nidhi Scheme the entire financial liability towards the transfer of benefits to the targeted beneficiaries will be born by the Govt of India.

The Central Govt already released P M Kisan 9th instalment, and it is now gearing up to 10th instalment amount in December.

PM- Kisan is a new Central Sector scheme to provide income support to provide all landholding farmers families in the country to full fill there the financial needs for procuring various input related to agriculture and allied activities as well as Domestic Needs.

About PM Kisan Yojana – Key Features of Scheme

The highlights of the PM-KISAN scheme are given in the table below:

Name of the schemePM-KISAN Yojana
Full-FormPradhan Mantri Kisan Samman Nidhi Yojana
Date of launch24th February 2019
Government MinistryMinistry of Agriculture and Farmers Welfare
Official Websitehttps://p

Eligibility to avail benefits under PM-KISAN scheme

Any small or marginal farmer should not fall under the following criteria to be eligible under the Pradhan Mantri Kisan Samman Nidhi Yojana. Below are some of the categories of beneficiaries who are not eligible for benefit under this scheme:

  1. Any institutional land-holders.
  2. The farmer as well as any member of the family belonging to the following categories:
  3. Former and present holders of constitutional posts
  4. Former and present Ministers/ State Ministers
  5. Former or present members of LokSabha/ RajyaSabha/ State Legislative Assemblies/ State Legislative Councils
  6. Former and present Mayors of Municipal Corporations
  7. Former and present Chairpersons of District Panchayats.
  8. Any serving or retired officers as well as employees under the Central/ State Government Ministries /Offices/Departments.
  9. All retired pensioners who get a monthly pension of Rs.10,000/-or more and belonging to the above category.
  10. Any individual who paid their income tax in the last assessment year is not eligible under this scheme.
  11. Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects registered with Professional bodies and carrying out profession by undertaking practices.

Advantages of PM-KISAN Scheme

Given below are the advantages and the impact of the PM-KISAN schemes:

  • The direct transfer of funds is one of the biggest advantages of this scheme. On December 25, 2020, in the presence of PM Narendra Modi, Rs.18,000 crores were directly transferred to the bank accounts of 9 crore farmers
  • All the records related to farmers is registered officially on a digital platform which has made the registration and fund transfer easy. The digitalised records have brought about a new start to this welfare scheme
  • This scheme eases liquidity constraints of farmers
  • PM-KISAN yojana is a big step towards the Government’s initiatives of modernisation of agriculture
  • There is no discrimination in choosing the PM-KISAN beneficiaries

Heading :  P M Kisan Saman Nidhi Scheme

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Language : Kannada

Which Department : Education

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Location : Karnataka

Published Date : 2020

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