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Pradhan Mantri Kisan Samman Nidhi Yojana - PM-Kisan Scheme


Published on Mar 11, 2019

Pradhan Mantri Kisan Samman Nidhi Yojana - PM-Kisan Scheme

Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) Scheme is an initiative by Government of India in which 120 million small and marginal Indian farmers who have less than 2 hectares (4.9 acres) of landholding will get upto ₹6,000 (US$83) per year as minimum income support. The scheme was announced by Piyush Goyal during the 2019 Interim Union Budget of India on 1 February 2019. The scheme will cost ₹75,000 crore (US$10 billion) per annum and will come in effect from December 2018. ₹6,000 per year will be paid to each eligible farmer in three instalments and will be deposited directly to their bank accounts.

History

The scheme was announced by Piyush Goyal during the 2019 Interim Union Budget of Indiaon 1 February 2019.

On 24 February 2019, PM Narendra Modi launched Pradhan Mantri Kisan Samman Nidhi ( PM-KISAN) scheme in Uttar Pradesh's Gorakhpur by transferring the first instalment of ₹2,000 each to over one crore farmers. It is cash transfer scheme

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Objectives

1. With a view to augment the income of the Small and Marginal Farmers (SMFs), the Government has launched a new Central Sector Scheme, namely, "Pradhan Mantri KIsan SAmman Nidhi (PM-KISAN)" in the current financial year.

2. The PM-KISAN scheme aims to supplement the financial needs of the SMFs in procuring various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income at the end of the each crop cycle.

3. This would also protect them from falling in the clutches of moneylenders for meeting such expenses and ensure their continuance in the farming activities.

Finance

This programme will entail an annual expenditure of ₹75,000 crore. The complete expenditure for the scheme will borne by the Union Government in 2019-20.

Eligibility criteria

1. In the database, the land owner's name, gender.

2. Social Classification (Scheduled Tribes / Scheduled Tribes).

3. Aadhaar number, bank account number and mobile number etc.

4. Imitation of agricultural land Khatuani imitation.

5. Janshan Bank Account Number, Aadhaar and Mobile Number will help in identifying eligible beneficiaries and incompetent claimants.

6. The farmers having cultivated land of two hectare or less than this will be understood eligible for this scheme.

7. The scheme is sponsored by the Central Government. Therefore, the farmers have to be citizens of the country.

Documents Required

1. Aadhaar Number

2. Aadhaar enrollment number (If Aadhaar not available)

3. ID proof (Driving license, Voter ID etc)

4. Bank Account Number.

5. Address Proof

6. Mobile Number (optional)

7. Farm-Size in Hectare (optional)

8. Survey Number (optional)

9. Khasra Number(optional)

Exclusion Categories

The following categories of beneficiaries of higher economic status shall not be eligible for benefit under the scheme.

(A) All Institutional Land holders.

(B) Farmer families in which one or more of its members belong to following categories:

1. Former and present holders of constitutional posts.

2. Former and present Ministers/ State Ministers and former/present Members of LokSabha/ RajyaSabha/ State Legislative Assemblies/ State Legislative Councils,former and present Mayors of Municipal Corporations, former and present Chairpersons of District Panchayats.

3. All serving or retired officers and employees of Central/ State Government Ministries /Offices/Departments and its field units Central or State PSEs and Attached offices /Autonomous Institutions under Government as well as regular employees of the Local Bodies (Excluding Multi Tasking Staff /Class IV/Group D employees).

4. All superannuated/retired pensioners whose monthly pension is ₹10,000/-or more (Excluding Multi Tasking Staff / Class IV/Group D employees) of above category.

5. All Persons who paid Income Tax in last assessment year.

6. Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects registered with Professional bodies and carrying out profession by undertaking practices.

Different Scenarios for Computation of Benefit to Eligible Beneficiaries

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Annadatha Sukhibhava

Annadatha Sukhibhava (అన్నదాత సుఖీభవ ) is a welfare program started by Andhra Pradesh Government to provide ₹15,000 investment support to small and marginal farmer’s family per annum which includes ₹6000 Central Government Pradhan Mantri Kisan Samman Nidhi share. The government is providing support to nearly 70 lakh farmers including tenant farmers.This farmer investment support scheme where the cash is paid directly into the Aadhaar linked bank accounts will cover all the farmers in the state on Family as unit basis without any conditions. It was formally started on 19-02-2019 by providing ₹1000 Initially by RTGS Center.













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