On 24 February 2019, Indian Prime Minister Narendra Modi launched a new scheme “PRADHAN MANTRI KISAN SAMMAN NIDHI YOJANA” in Gorakhpur, Uttar Pradesh to benefit the farmers. In this scheme, the farmers will benefit from Rs. 6,000 in 3 installments with Rs. 2,000 every year. This money will be given to farmers straight into their bank accounts. In starting farmers with land size of 2 hectares were eligible to apply for this scheme. But few changes have been made in the scheme in which every farmer around India can benefit from the Pradhan Mantri Kisan Samman Nidhi Yojana. Till now crores of farmers in India have benefited from this scheme.
PMKSNY
The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KSNY) is also known as PM Kisan Yojana. It is an Indian scheme initiated by the government of India.
This PM-KSNY was announced by the Prime Minister of India in his interim budget speech. The scheme was initially launched to cover 12 crore families in India but later the number was extended to cover 25 crore farmer families in the country.
Aim of PRADHAN MANTRI KISAN SAMMAN NIDHI YOJANA
- The objective of Pradhan Mantri Kisan Samman Nidhi Yojana is to provide and support the farmers and their families by offering some income to them throughout the country.
- Provide support to all landholding farmer families in the country who are facing economic challenges.
- To boost rural consumption in the country.
- To provide financial support to the farmers in procuring various agricultural inputs that were previously hard for some of them to buy to ensure good crop health.
Who are eligible to take benefit from Pradhan Mantri Kisan Samman Nidhi Yojana
Previously it was announced that only people with land up to 2 hectares are eligible to benefit from the scheme but now this has changed and now all the farmer families who hold the cultivable land are eligible for PM Kisan Samman Nidhi Yojana, regardless of the size of the land.
Who is not eligible to take benefits from the PMKSNY SCHEME?
The government of India has set some categories under which only some farmers will be eligible to avail of the benefit while others might not get the benefits from the Scheme.
There are several categories of people who are not eligible for the PMKSNY:
- Institutional landholders
- Farmer families belonging to one or more of the following categories:
- Present and former holders of constitutional posts
- Former and present ministers/state ministers
- Present and former members of Rajya Sabha/State Legislative Assemblies/Lok Sabha/State Legislative Councils
- Former and present Mayors of Municipal Corporations
- Present and former Chairpersons of District Panchayats
- All retired or serving officers and employees of State/Central Government Ministries/Departments/Offices along with their field units, State or Central PSEs, and Attached Autonomous Institutions/offices under the Government, and also regular employees of the Local Bodies (excluding Multi-Tasking Staff/Group D/Class IV employees)
- Every retired/superannuated pensioner having a monthly pension of ₹10,000 or higher (excluding Multi-Tasking Staff/Group D/Class IV employees of the above category)
- Every individual who has paid income tax in the last AY
- Professionals like engineers, architects, lawyers, doctors, and chartered accountants registered with professional bodies carry out their profession by undertaking practices.
How to register for PM Kisan Samman Nidhi Yojana?
If the farmers are eligible to avail benefit from the scheme they can visit the official PM-Kisan website. Famers can also approach the nearest Common Service Centre (CSE) or any authorized state government portal.
What details need to be put in to avail of the PM Kisan Scheme?
To avail of the benefits of the scheme farmer needs to upload or be with that are:
- Aadhar Number
- Bank Account Details
- Landholding Information
PM Kisan mobile app:
- The PM KISAN mobile application was developed by the National Informatics Centre in partnership with the Ministry of Electronics and Information Technology.
- Launched on the first anniversary of the PM KISAN scheme, this app serves as a platform for farmers.
- Farmers can utilize the app to monitor the progress of their applications, amend or update their Aadhar card details, and review the transaction history of credits to their bank accounts.
Limitations of the scheme:
- Landless agricultural laborers and tenant farmers are not covered under the PM Kisan Samman Nidhi scheme.
- There is a lack of clarity in the scheme grievance redressal mechanism.
- Many eligible farmers in various states, such as Karnataka, Nagaland, and Mizoram, have not been included in the scheme. For instance, less than 0.5% of beneficiaries in these states belong to the general category.
- Farmers argue that the amount allocated under the scheme should be raised to adequately cover farming input costs or meet their families’ food requirements.
PM-KSNY 17th installment
The 16th installment of PM-KSNY came on 28 February 2024 and the 17th installment is expected to come on June-July.