PM Kisan Samman Nidhi Yojana 2024 Registration: A federal government initiative called the Pradhan Mantri Kisan Samman Nidhi Yojana seeks to give financial support to all small and marginal farmers in India. In addition to supporting their household needs, the programme offers farmers additional financial support for the purchase of a variety of inputs needed for agriculture and related activities, such as maintaining healthy and productive crops.
A yearly grant of Rs 2000 is provided under the PM-Kisan initiative. all landholding farmer households in India receive Rs. 6000 year, divided into three payments of Rs. 2000 each. This programme is fully funded by the Central Government of India. States and Union Territories shall designate which farming families are eligible for financial aid. The programme will instantly deposit financial aid into the qualifying beneficiaries’ bank accounts.
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Contents
Name of Scheme | Prime Minister Kisan Samman Nidhi Yojana |
who started | Prime Minister Narendra Modi ji |
beneficiary | all the farmers of the country |
Objective | Providing financial assistance to the farmers of the country |
Benefit | Rs 6000 annually (in three equal installments) |
annual budget | 75000 crore rupees |
helpline number | 011-24300606, 155261 |
When will the 16th installment come? | 28 February 2024 |
Application Process | Online/ Offline |
official website | https://pmkisan.gov.in/ |
The Central Government launched the PM Kisan Samman Nidhi Yojana with the primary goal of providing financial assistance to all of the nation’s farmers. In the agricultural nation of India, 75% of the people work in the agricultural sector. As you are all aware, farmers frequently experience losses in their farming endeavours, and they also face a number of issues linked to agriculture.
As a result, the government has decided to initiate this programme in order to give financial support to all of the nation’s small and marginal farmers. By utilising the PM-Kisan initiative, farmers would be able to improve their standard of living and develop their independence and empowerment.
The following is a discussion of the PM Kisan Samman Nidhi Yojana’s primary features:
1. Income Support:The main component of this system is the minimum income support for farmers. Rupee. In India, every eligible farmer household would receive Rs 6000 a year. This money is given out over the course of four months in three installments of Rs 2000 each. There are several uses for this sum of money. The PM-Kisan Yojana guidelines do not address limitations on the amount that can be used.
2. Funding:The entire financing for PM-Kisan, an initiative of the Indian government to provide financial help to farmers, originates from the Central Government of India. Initially, a reserve of Rs 75,000 crore was set up for this program’s costs. February 28, 2024 saw the distribution of the 16th installment of PM Kisan, in which 9 crore farmer families got installments of Rs 2,000 apiece, or roughly Rs 18,000 crore, through the Direct Benefit Transfer, or DBT, method.
3. Identification Responsibility:Although PM-Kisan is funded by the Indian government, beneficiary identification is outside of its jurisdiction. The state and union territory governments are in charge of determining who qualifies for benefits. As per the PM-Kisan Yojana criteria, it is crucial to remember that in order to receive the benefits, a farming family must consist of a husband, wife, and one or more minor children.
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The most crucial component of any government programme is the eligibility requirements. The benefits of this initiative are restricted to farmer families who fulfil the specified criteria.
Certain individuals are not eligible to receive benefits from the PM-Kisan Scheme. The following individuals have been listed as not being eligible to receive the benefits:
The following paperwork is required of all candidates in order to be considered for the PM Kisan Samman Nidhi Yojana:
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Q. The PM-Kisan Samman Nidhi Scheme: What is it?
Ans: A national government initiative called the PM-Kisan Samman Nidhi Yojana seeks to give small and marginal farmers in India financial support.
Q. When did the PM-Kisan programme begin?
Ans: December 1, 2018, saw the inauguration of the PM-Kisan Yojana.
Q. What is the PM-Kisan Scheme’s aim?
Ans: The primary goal of the PM-Kisan Yojana is to double the income of eligible farming families by 2022 by offering financial support.
Q. What is the annual financial aid provided by PM-Kisan?
Ans: PM-Kisan offers three installments of financial aid totaling Rs. 6,000 annually. Rs 2,000 to every household of farmers with land.
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