Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana

CalendarToday
timer
1 min read
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana Blog Image

Overview:

The Prime Minister recently distributed the 15th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana, totaling over Rs 18,000 crore and benefiting more than 80 million farmers.

About PM-KISAN

  • It is a Central Sector scheme with 100% funding from the Government of India.
  • Objective: The scheme aims to supplement the financial needs of the farmers in procuring various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income.
  • It has become operational from 1.12.2018.
  • Under the scheme, an income support of 6,000/- per year in three equal installments will be provided to all land-holding farmer families.
  • The definition of family for the scheme is husband, wife, and minor children.
  • State Government and UT administration will identify the farmer families which are eligible for support as per scheme guidelines.
  • The fund will be directly transferred to the bank accounts of the beneficiaries.
  • Exclusion Categories: The following categories of beneficiaries shall not be eligible for benefits under the scheme:
    • All institutional land holders.
    • Farmer families that belong to one or more of the following categories:.
  • Former and present holders of constitutional posts
  • 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.
  • 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)
  • All superannuated/retired pensioners whose monthly pension is Rs.10,000/-or more (Excluding Multi Tasking Staff / Class IV/Group D employees) of above category
  • All Persons who paid Income Tax in last assessment year
  • Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects registered with Professional bodies and carrying out profession by undertaking practices.

Q1) What are Central Sector schemes?

Central Sector Schemes are those that are implemented by a central agency and 100% funded by the center on subjects within the union list.

Source: PM Kisan 15th installment: Check reasons for not credited, delay, follow these steps to receive Rs 2000 in your account