PM-Kisan Samman Nidhi Yojana, launched in December 2018, addresses the financial needs of Indian farmers by providing direct financial benefits of Rs 6,000 per year.
This assistance is delivered to the bank accounts of farmer families across the country in three equal installments every four months through Direct Benefit Transfer (DBT) mode.
Originally aimed at small and marginal farmers with less than two hectares of land, the policy has been expanded to include all landholding farmers. The Ministry of Agriculture and Farmers Welfare implements the Central Sector Scheme, which is entirely funded by the Government of India. The main goal is to assist farmers in achieving crop health and yield inputs and provide proportionate farm revenue.
Additionally, this initiative aims to keep the farmers away from the clutches of moneylenders for specific expenses and maintain the continuity of their agricultural activity. The PM-Kisan mobile app, developed in partnership with the Ministry of Electronics and Information Technology, makes information related to the scheme more accessible. To ensure integrity, the system requires annual physical verification of 5% of the beneficiaries.
About the Author
Ankita is a German scholar and loves to write. Users can follow Ankita on Instagram 
Indigo Planters Association : Colonial Economic System in India
During the late 19th and early 20th centuries, British indigo planters in colonial India established…
अन्तर्राष्ट्रीय परमाणु ऊर्जा अभिकरण (IAEA kya hai) -FAQs
अन्तर्राष्ट्रीय परमाणु ऊर्जा अभिकरण (International Atomic Energy Agency – IAEA) एक ऐसी अंतरराष्ट्रीय संस्था है…
कनिष्क और गांधार कला [Kanishk and Gandhara art]
कुषाण साम्राज्य, कनिष्क के समय उच्चतम शिखर पर पहुंच गया था क्योंकि कनिष्क सहिष्णु और…
From Sunlight to Sugars: The Miracle of Photosynthesis
What is photosynthesis? Photosynthesis is the process through which plants, algae, and some microorganisms use…
The Nashik Conspiracy Case, 1909
An important political event called the Nashik Conspiracy Case took place in December 1909 in…
भारत ने 5 नए रामसर स्थल (India’s New Ramsar Sites)
केंद्रीय पर्यावरण मंत्रालय द्वारा अंतर सरकारी संधि, रामसर संधि, के तहत पांच और भारतीय स्थलों…