PM Kisan Yojana, also known as Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN), is an initiative by the Government of India to support small and marginal farmers across the country.
Launched in 2019, the scheme provides financial assistance to eligible farmers to support their agricultural needs and improve their standard of living.
Objective of PM Kisan Yojana
The primary objective of PM Kisan Yojana is to provide income support to farmers and to ensure their social security. Under the scheme, eligible farmers receive a sum of Rs. 6,000 per year in three equal instalments of Rs. 2,000 each, directly in their bank accounts. The government aims to support around 14 crore farmers through this scheme.
Eligibility Criteria for PM Kisan Yojana
To be eligible for PM Kisan Yojana, the following criteria must be met:
- The farmer must be a citizen of India.
- The farmer must own cultivable land.
- The farmer must belong to a small and marginal category.
- The farmer must not be a taxpayer.
- The farmer must have a valid bank account.
- Application Process for PM Kisan Yojana
Farmers who meet the eligibility criteria can apply for PM Kisan Yojana through the following process:
- Visit official website of PM Kisan Yojana 2023 – https://pmkisan.gov.in/.
- Click -“New Farmer Registration” link on the home page.
- Enter the required details, including name, Aadhaar number, and bank account details.
- Upload the necessary documents, such as land ownership papers and Aadhaar card.
- Submit the a form and wait for the verification process.
- Once the application is verified, the farmer will start receiving the benefits of PM Kisan Yojana.
Benefits of PM Kisan Yojana
PM Kisan Yojana provides several benefits to farmers, including:
Financial support:
The scheme provides financial assistance to small and marginal farmers to meet their agricultural expenses.
Direct benefit transfer: The benefits are directly transferred to the farmers’ bank accounts, ensuring transparency and eliminating intermediaries.
Increased productivity: The scheme aims to improve the standard of living of farmers by providing them with financial support to invest in better farming techniques and equipment.
Social security: The scheme provides social security to farmers and their families by ensuring a regular source of income.
Challenges of PM Kisan Yojana
Despite the benefits of PM Kisan Yojana, there are some challenges that the scheme faces, including:
Limited coverage:
Although the scheme aims to cover around 14 crore farmers, many eligible farmers are still left out due to lack of awareness or inability to meet the eligibility criteria.
Delay in payments:
In some cases, farmers have reported delays in receiving the benefits due to issues with the verification process or incorrect bank account details.
Dependence on agriculture:
While PM Kisan Yojana provides financial support to farmers, it does not address the underlying issues of low productivity and dependence on agriculture as the sole source of income.
PM Kisan Yojana is a step towards improving the lives of small and marginal farmers in India. The scheme provides much-needed financial support to farmers and ensures their social security. However, there is still a long way to go in terms of reaching out to all eligible farmers and addressing the underlying issues of low productivity and dependence on agriculture.