The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-Kisan) started in 2019. It helps small and marginal farmers in India with financial support. Eligible farmers get ₹6,000 a year, split into three parts.
The pm kisan nidhi yojana 2024 aims to boost farmers’ economic well-being. It also ensures they have the resources they need for farming. The Ministry of Agriculture and Farmers’ Welfare runs this kisan samman nidhi yojana. The central government fully funds it.
So far, over ₹1.82 lakh crore has been given to farmers in 17 installments through the pm-kisan scheme.
Key Takeaways
- The PM Kisan Samman Nidhi Yojana provides eligible farmers with an annual financial assistance of ₹6,000 in three installments.
- The 17th installment under the modi govt farmer scheme distributed over ₹20,000 crores to 9.26 crore farmers.
- The 18th installment of the pradhan Mantri kisan kalyan yojana is expected to be disbursed between October and November 2024.
- The scheme caters to small and marginal farmers with up to 2 hectares of land.
- Farmers can check their beneficiary status by visiting the PM Kisan portal and entering their Aadhar number, mobile number, or bank account details.
What is PM Kisan Samman Nidhi Yojana?
Overview and Objectives
The PM Kisan Samman Nidhi Yojana is a key government program for small and marginal farmers in India. It started in 2019. The pradhan mantri kisan samman nidhi scheme helps these farmers with money. They get ₹6,000 a year in three parts of ₹2,000 each.
Eligibility Criteria
To get into the pm kisan samman nidhi yojana, you must be an Indian citizen and a farmer. It’s for all small and marginal farmers, no matter the land size. But, you must meet some rules. For example, no government job for your family, and your pension can’t be more than ₹10,000 a year. Also, your bank account must link to your Aadhaar card.
| Eligibility Criteria | Details |
|---|---|
| Citizenship | Applicant must be an Indian citizen |
| Farming Family | Applicant must be from a cultivating family |
| Land Holding | Open to all small and marginal farmers, regardless of land size |
| Government Employment | Applicant’s family member should not be a government employee |
| Annual Pension | Applicant’s annual pension should not exceed ₹10,000 |
| Bank Account Linkage | Applicant’s bank account must be linked to their Aadhaar card |
“The PM Kisan Samman Nidhi Yojana is a vital scheme that provides direct income support to small and marginal farmers, empowering them to enhance their agricultural productivity.”
Benefits of PM Kisan Samman Nidhi Yojana
The PM Kisan Samman Nidhi Yojana offers big help to farmers in India. It gives ₹6,000 a year to help buy things like seeds, fertilizers, and pesticides. This boosts crop production and income for farmers.
This scheme also helps farmers not rely on moneylenders. It gives them the money they need without the high interest rates of informal loans. This helps farmers stay out of debt and improves their financial health.
Thanks to this scheme, farmers can make more money. They can invest in better farming, grow different crops, or find new ways to earn. This leads to a more stable and resilient financial life.
The scheme also helps farmers deal with the effects of climate change. It gives them a steady source of money to help them through tough times. This means they can handle natural disasters and unpredictable weather better.
| Benefit | Impact |
|---|---|
| ₹6,000 annual financial assistance | Helps farmers purchase agricultural inputs and improve crop production |
| Reduced dependence on moneylenders | Safeguards farmers from debt burden and improves economic well-being |
| Increased farm income | Contributes to the overall economic development of rural areas |
| Mitigation of climate-related risks | Helps farmers address income disparities caused by environmental challenges |
In summary, the PM Kisan Samman Nidhi Yojana offers many benefits to farmers in India. It helps with their immediate needs and long-term challenges. This scheme is key to a strong agricultural sector and sustainable rural development.
pm kisan nidhi yojana 2024: Key Updates
The 18th installment of the PM Kisan Samman Nidhi Yojana is set for October-November 2024. Eligible farmers who have done their e-KYC can expect to get this installment on time. The 17th installment was given out by Prime Minister Narendra Modi on June 18, 2024. It helped over 9.26 crore farmers with more than ₹20,000 crore.
18th Installment Release
The PM Kisan Samman Nidhi Yojana gives eligible farmers ₹6,000 a year. This is split into three payments of ₹2,000 each. Now, farmers are waiting for the 18th installment after the 17th was given out.
Beneficiary Status Check
Farmers can check their PM Kisan Samman Nidhi Yojana status and eligibility on the official PM Kisan portal. They just need to go to the “Farmers Corner”, click “Know Your Status”, and enter their Aadhaar, mobile, or bank account number. This shows their current installment status.
They can also see the village list of beneficiaries by picking their state, district, tehsil, block, and village on the portal. Then, they can generate the report.
It’s important for farmers to check if they’re eligible for the next installment. This way, they can get the financial help they need from the PM Kisan Samman Nidhi Yojana.
Registering for PM Kisan Samman Nidhi Yojana
The PM Kisan Samman Nidhi Yojana is a key support scheme for farmers in India. It helps farmers with their income. To get the benefits, farmers must register easily. Here’s a simple guide on how to sign up for the pm kisan yojana registration:
Documents Required
Before starting the registration, farmers need these documents for pm kisan registration:
- Aadhaar card or any other valid identity proof
- Residence proof, such as a utility bill or a ration card
- Income certificate
- Land-related documents like Khasra or Khatauni
- Aadhaar-linked bank account passbook
- A valid mobile number
- A passport-size photograph
Online Registration Process
The online registration for pm kisan yojana is easy and straightforward. Farmers should go to the PM Kisan portal at pmkisan.gov.in. Then, they’ll find the “Farmers Corner” section with the “New Farmer Registration” option. They need to choose the right registration type (Rural or Urban) and enter details like aadhaar card, mobile number, state, and captcha.
After submitting the OTP on the mobile, the PM Kisan registration form will show up. The farmer can fill it with the needed information.
By using this step-by-step guide for pm kisan registration, farmers can sign up for the PM Kisan Samman Nidhi Yojana. This way, they can get the scheme’s benefits.
Checking Beneficiary List
The PM Kisan Samman Nidhi Yojana helps small and marginal farmers in India. It gives them financial help. The government keeps a detailed list of those who can get this help. Farmers can check if they are on this list.
To see the list, farmers go to the PM Kisan website. They click on “Farmers Corner” and then “Beneficiary List”. Then, they pick their state, district, and village to see who is eligible.
This way, farmers can check if their name is on the list. They can also see if they qualify for the scheme. This helps them make sure they get the financial support they deserve.
| Key Facts | Details |
|---|---|
| Total Installments Provided | 17th |
| Annual Financial Support | ₹6000 Per Year |
| Amount per Installment | ₹2000 |
| Distribution Window for 18th Installment | October to November 2024 |
| Eligibility Age | 18-60 years |
| Beneficiaries | Farmers and Agricultural Workers |
| Program Launch Date | February 24, 2019 |
Checking the pm kisan yojana beneficiary list often is a good idea. It makes sure farmers get the support they need. By doing this, they can see if they are on the list and know if they qualify. This way, they can make the most of the PM Kisan Samman Nidhi Yojana.
Reasons for Exclusion from Beneficiary List
The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme helps small and marginal farmer families in India. But, not all farmers got included in the list. This has caused worry for many who were expecting ₹6,000 a year from the scheme.
One big reason for not being included is mistakes in the application. Farmers might have given wrong ages, land details, or bank info. Some didn’t finish the e-KYC process, which is needed to get the PM-KISAN benefits.
Another reason is the government’s rules. Farmers with government jobs or pensions over ₹10,000 a year can’t get the PM-KISAN help. This rule has left many farmers out.
Official data shows over 1 crore 38 lakh farmers didn’t qualify for PM-KISAN because they were taxpayers. Others had wrong IFSC codes, closed bank accounts, were too young, or didn’t link their Aadhaar with bank accounts.
| Reason for Exclusion | Percentage of Affected Farmers |
|---|---|
| Incorrect Khasra/Khatauni Information | 25% |
| Wrong Bank Account Number or IFSC Code | 20% |
| Failure to Complete e-KYC | 15% |
| Family Member is a Government Employee | 10% |
| Receiving Pension over ₹10,000 per Year | 5% |
| Others (Taxpayer, Closed/Invalid Accounts, etc.) | 25% |
Many farmers are upset about being left out of the PM-KISAN list. Farmer groups are protesting. The government is trying to fix the issues and make the application process better.
Direct Benefit Transfer and Payment Installments
The PM Kisan Samman Nidhi Yojana gives direct money help to farmers. It uses a smooth direct benefit transfer (DBT) system. Every year, the government puts ₹6,000 into the bank accounts of farmers in three parts of ₹2,000 each.
The money comes out at set times: first in February, then in May, and last in November. This way, the pm kisan yojana fund transfer gets to farmers on time. It helps them with their farm costs and needs all year.
Now, more than 11 crore farmers have gotten over Rs 3.04 lakh crores from the PM-KISAN scheme. For the 2024-25 year, the government has set aside Rs 1.27 lakh crore for the Ministry of Agriculture. This shows its strong support for direct benefit transfer to farmers through PM Kisan Yojana.
| Installment | Tentative Release Month | Amount (₹) |
|---|---|---|
| First | February | 2,000 |
| Second | May | 2,000 |
| Third | November | 2,000 |
The installment schedule of PM Kisan Samman Nidhi Yojana is well-planned. It makes sure the money helps farmers when they most need it. This lets them invest in their farms, boosting their work and earnings.
Impact and Significance of PM Kisan Yojana
The PM Kisan Samman Nidhi Yojana has changed the lives of small and marginal farmers in India. It gives them ₹6,000 a year. This money lets farmers buy what they need for farming, making more crops and improving their lives.
This scheme has also cut down on farmers’ debt to moneylenders. It gives direct money help. So, the PM Kisan Yojana is key for farmers’ financial safety and well-being.
A study by the Agro-Economic Research Centre of the University of Allahabad shows the scheme’s big impact. It looked at 120 farmers who got the help and 120 who didn’t. The study found the scheme boosts farmers’ money situation, helps them use new farming ways, and makes getting credit easier.
The impact of pm kisan yojana goes beyond just money. It aims to ease money problems, ensure food security, and help everyone grow together. By giving farmers what they need, the PM Kisan Yojana could change farming in India. This could lead to improving farmer welfare.
By August 2024, the significance of farmer income support scheme is clear. Over 23.38 lakh farmers are now part of it. The PM Kisan Yojana is helping improve farmer welfare and support India’s economy.
Additional Schemes for Farmer Welfare
The Indian government has launched several initiatives to support farmers. These include the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, the Kisan Credit Card (KCC), and the Pradhan Mantri Fasal Bima Yojana (PMFBY). These schemes aim to help farmers.
Kisan Credit Card Scheme
The Kisan Credit Card (KCC) scheme helps farmers get loans easily for their farming needs. Farmers can get loans for buying inputs, maintaining farm equipment, and for emergencies. This scheme goes hand in hand with PM-KISAN, offering a financial safety net.
As of 05-01-2024, 465.42 lakh new Kisan Credit Cards (KCC) have been given out. The total credit limit is Rs. 5,69,974 crore.
Pradhan Mantri Fasal Bima Yojana
The Pradhan Mantri Fasal Bima Yojana (PMFBY) is a key scheme for farmers. It offers crop insurance against natural disasters, pests, and diseases. This scheme helps farmers recover from losses and maintain their livelihoods. It works with PM-KISAN to support the agricultural sector.
Since 2016-17, 5549.40 lakh farmer applications have been insured under the Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme. Rs 150589.10 crore has been paid as claims.
“These schemes not only provide financial assistance but also help in building a more resilient and sustainable agricultural ecosystem.”
Conclusion
The PM Kisan Samman Nidhi Yojana is a key program that helps small and marginal farmers in India. It gives them financial support to improve their lives. As the 18th installment comes in October-November 2024, farmers need to finish their e-KYC process. This ensures they get the ₹6,000 yearly help.
So far, over 11 crore farmers have joined the PM Kisan Yojana, with many women among them. But, the budget for this program has been going down. There are also issues with how it’s being run. To fix this, other schemes like the Kisan Credit Card and Pradhan Mantri Fasal Bima Yojana are helping more.
By making these programs work better and solving issues like not reaching everyone, the government can help farmers more. The conclusion of the PM Kisan Yojana guide shows how important these programs are. They help farmers and push for better life in rural areas.
FAQ
Q: What is the PM Kisan Samman Nidhi Yojana?
A: The PM Kisan Samman Nidhi Yojana is a scheme launched in 2019. It helps small and marginal farmers in India. Eligible farmers get ₹6,000 per year in three installments.
Q: Who is eligible for the PM Kisan Samman Nidhi Yojana?
A: To get the PM Kisan Samman Nidhi Yojana, you must be an Indian citizen and a farmer. You can apply if you’re a small or marginal farmer, no matter the land size. You also can’t have a government job or get more than ₹10,000 in pension yearly.
Q: What are the benefits of the PM Kisan Samman Nidhi Yojana?
A: This scheme gives ₹6,000 a year to help farmers buy things like seeds and fertilizers. It aims to boost crop production and reduce debt. It also helps farmers avoid borrowing from moneylenders.
Q: When is the 18th installment of the PM Kisan Samman Nidhi Yojana expected to be released?
A: The 18th installment is set for October-November 2024. Eligible farmers who’ve done their e-KYC will get it on time.
Q: How can farmers check their PM Kisan Samman Nidhi Yojana beneficiary status and eligibility for the next installment?
A: Farmers can check their status on the PM Kisan portal. Go to “Farmers Corner,” click “Know Your Status,” and enter your Aadhaar, mobile, or bank account number.
Q: What documents are required to register for the PM Kisan Samman Nidhi Yojana?
A: You’ll need your Aadhaar card, residence proof, income certificate, and land documents. Also, your Aadhaar-linked bank account, mobile number, and a photo are needed.
Q: How can farmers check the village-wise beneficiary list for the PM Kisan Samman Nidhi Yojana?
A: Visit the PM Kisan website, go to “Farmers Corner,” and select “Beneficiary List.” Choose your state, district, and village to see the eligible farmers in your area.
Q: What are some common reasons for exclusion from the PM Kisan Samman Nidhi Yojana beneficiary list?
A: Some farmers are left out for mistakes like wrong age or land details. Errors in bank info or not finishing the e-KYC can also cause exclusion. Government employees or those with over ₹10,000 pension aren’t eligible.
Q: How are the fund transfers made under the PM Kisan Samman Nidhi Yojana?
A: The money goes straight to the bank accounts of eligible farmers in three parts of ₹2,000 each. The first part comes in February, the second in May, and the third in November.