Introduction:
The PM Kisan Samman Nidhi Yojana is a government scheme in India that aims to provide financial assistance to small and marginal farmers. Launched in December 2018, the scheme provides income support of Rs. 6,000 per year to eligible beneficiaries. It is an initiative by the Government of India to ensure a minimum income support to farmers and to augment their income for purchasing inputs such as seeds, fertilizers, and other necessities.
Benefits of PM Kisan Nidhi Yojana:
The PM Kisan Nidhi Yojana offers a range of benefits to farmers across the country. Some of the key benefits include:
1. Financial Assistance: The scheme provides direct financial assistance of Rs. 6,000 per year to farmers in three equal installments.
2. Income Support: The scheme offers a stable income support to small and marginal farmers, ensuring financial stability and security.
3. Increased Agricultural Productivity: By providing financial assistance for purchasing agricultural inputs, the scheme aims to improve agricultural productivity and enhance farmers’ livelihoods.
4. Debt Relief: The scheme helps farmers pay off debts and reduces their dependency on high-interest loans from informal sources.
5. Inclusivity: The scheme aims to reach out to all eligible farmers, including those who may not have access to formal banking channels.
Eligibility Criteria for PM Kisan Nidhi Yojana:
To avail the benefits of the PM Kisan Nidhi Yojana, farmers need to meet certain eligibility criteria. Some of the key criteria include:
1. Land Ownership: Only small and marginal farmers who own less than 2 hectares of cultivable land are eligible for the scheme.
2. Income Criteria: Farmers who have a combined family income of more than Rs. 2 lakhs per year are not eligible for the scheme.
3. Direct Benefit Transfer (DBT): The financial assistance under the scheme is provided through Direct Benefit Transfer directly into the bank accounts of the beneficiaries.
How to Apply for PM Kisan Nidhi Yojana:
The application process for the PM Kisan Nidhi Yojana is simple and straightforward. Farmers can follow these steps to apply for the scheme:
1. Registration: Visit the official PM Kisan Nidhi Yojana website and click on the “Farmers Corner” tab. Select the “New Farmer Registration” option and enter the required details such as Aadhar number, bank account details, and land ownership details.
2. Application Form: Fill out the application form with accurate information and submit it online.
3. Verification: Once the application is submitted, the concerned authorities will verify the details provided.
4. Approval: If the application is approved, the farmer will start receiving the financial assistance under the scheme.
Frequently Asked Questions (FAQs):
1. Can farmers with more than 2 hectares of land apply for the PM Kisan Nidhi Yojana?
No, only small and marginal farmers with less than 2 hectares of land are eligible for the scheme.
2. Is there an age limit for applying to the PM Kisan Nidhi Yojana?
No, there is no age limit for farmers to apply for the scheme as long as they meet the other eligibility criteria.
3. How often is the financial assistance provided under the PM Kisan Nidhi Yojana?
The financial assistance of Rs. 6,000 per year is provided in three equal installments.
4. Can farmers check the status of their application online?
Yes, farmers can check the status of their application online through the official PM Kisan Nidhi Yojana website.
5. Are tenant farmers eligible for the PM Kisan Nidhi Yojana?
No, only land-owning small and marginal farmers are eligible for the scheme.
6. Is there a registration fee for applying to the PM Kisan Nidhi Yojana?
No, there is no registration fee for farmers to apply for the scheme. The application process is free of cost.
7. How can farmers update their bank account details for receiving financial assistance?
Farmers can update their bank account details by logging into their PM Kisan Nidhi Yojana account and making the necessary changes.
8. What is the helpline number for queries related to the PM Kisan Nidhi Yojana?
Farmers can contact the helpline number 011-23381092 for any queries or assistance related to the scheme.
Conclusion:
The PM Kisan Nidhi Yojana is a crucial scheme that provides much-needed financial assistance to small and marginal farmers in India. By offering income support and promoting agricultural productivity, the scheme aims to improve the livelihoods of farmers and ensure their financial well-being. Farmers who meet the eligibility criteria can avail the benefits of the scheme by following the simple application process. For any queries or assistance, farmers can reach out to the helpline number provided by the government.