Your Total Savings ₹50000 What is PM Kisan Samman Nidhi Yojna?
PM Kisan Samman Nidhi Yojana is a central sector scheme which provides financial support of Rs.6000 per annum in three equal installments to the small and medium landholding farmer families. This scheme is implemented by the Ministry of Agriculture and Farmers welfare.
When was the PM KISAN scheme launched?
The PM KISAN scheme was launched during the announcement of the interim Union Budget for 2019 by the Union Minister Piyush Goyal. It became operational from December 1, 2018.
Who are not eligible for PM Kisan Samman Nidhi Yojna?
The institutional land holders, the farmer families in which any of its members is a former or present holder of any constitutional posts or serving under the Central or State government or any autonomous institution under the central or state government, the retired persons receiving Rs.10000 or more per month as pension are not eligible to become beneficiaries of PM KISAN yojana.
What are the drawbacks of the PM Kisan Samman Nidhi Yojna?
Non inclusion of landless agricultural labourers and tenant farmers, improper coverage of farmers in various states, absence of grievance redress mechanism are some of the drawbacks of PM Kisan Yojana.
How many installments are there in the PM KISAN scheme?
The allocated sum of Rs.6000 per annum to the beneficiaries of the PM KISAN scheme are distributed in three installments. In each installment, Rs.2000 is transferred directly to the beneficiaries’ bank accounts.
How does the PM Kisan Samman Nidhi Yojana registration work?
To register for the PM Kisan Samman Nidhi Yojana, farmers need to visit the official PM-Kisan website. They can also approach the nearest Common Service Centre (CSC) or authorized state government portal. They will be required to provide their Aadhaar number, bank account details, and landholding information to complete the registration process.