Current Affairs Details

Pradhan Mantri Kisan Samman Nidhi is a fantastic initiative by the government of India that provides farmers up to 6,000 annually as minimum income support. Piyush Goyal announced this scheme during India's 2019 Interim Union Budget on 1 February. The scheme costs Rs. 75,000 crores annually, effective from December 2019. The most essential part is Rs. 6000 annually, which will be transferred to each eligible farmer in three installments and deposited directly to the beneficiaries' bank accounts. 

This beneficial scheme aims to provide 125 million farmers, irrespective of the size of their landed property in India. This scheme covers families as husband, wife, and minor children. The central Govt introduced this valuable initiative mainly for minimal and marginal farmers. The helpful side of this scheme, which is significant here, is that the amount goes directly to the farmers' accounts without any third person. This direct process decreases corruption and negligence. 

PM Kisan Samman Nidhi: Eligibility criteria

1. In the form, the land owner’s name and gender.
2. Social Classification (Scheduled Tribes).
3. Apart from that, additional information such as Aadhaar number, bank account number, etc.
4. Elaboration of Land record.
5. The most crucial thing is that the Jan Dhan Bank Account Number, Aadhaar, and Mobile Number will help identify appropriate beneficiaries and incompetent claimants. 
6. This scheme provides both urban and rural areas for farmers.

PM Kisan Samman Nidhi: Benefits

PM Kisan Samman Nidhi has been introduced mainly for a Farmer's family who holds land that is perfectly eligible for Rs. 6,000 annually. This excellent farmer-friendly scheme started to help the Farmers with their harvest. Kisan Samman Nidhi will benefit small and marginal farmers with additional income support. This scheme has several exclusion categories. It aims to provide the financial needs of the farmers in procuring various inputs to ensure appropriate crop health—the aim of this scheme is to higher the agricultural segment and provide the utmost support to the troublesome farmers.

Especially with this kind of scheme, the digital records of farmers have made the registration and direct fund transfer easy to navigate, a new start to this harmonious scheme.

The exciting part is that fish, poultry, dairy, and other livestock will also benefit from PM Kisan Samman Nidhi. 

PM Kisan Samman Nidhi: Application

In recent times, PM Kisan Samman Nidhi Yojana has been one of the beneficial welfare schemes organized by the Central Government of India. Around ten crore farmers have been enrolled in this scheme till now. If you are a farmer and are eligible for all criteria, you should apply for the PM Kisan Samman Nidhi scheme.

First, eligible farmers should fill out the PM-Kisan application form provided by the local authorities. This form will require you to provide your personal information, land details, and bank account information. 

Here, we discuss the short-term process of the PM Kisan Samman Nidhi scheme….

Verification - After submission of your application Form, the authorities will verify your details and authenticity and cross-check them. 

Adhar Seeding - To benefit from this scheme, linking an Aadhar card with your bank account is essential for receiving the PM-Kisan advantages.

Approval and outlay-  Once the verification is completed, beneficiaries application will be accepted, and you will begin receiving the financial benefit directly into your linked bank account. The total funds are provided in three equal installments annually: April, August, and December.

 Up-to-date documents-  You should keep your valuable documents up-to-date, such as your contact information, authentic bank account details, and land records.  

Check Current Status-  You can readily check your PM-Kisan application and payment status via the handy mobile app on the official PM-Kisan portal.

PM Kisan Samman Nidhi: Exclusion Criteria

 The Pradhan Mantri Kisan Samman Nidhi Yojana is a central Government scheme introduced in February 2019. This scheme was made to support farmers with land and other exclusion criteria financially.

Here, we discuss the following categories of Successors of higher economic classes who shall not be eligible for this scheme….

1. All Farmers with institutional Landholders.
2. Some Farmer families who belong to more than one of the following categories…

1. Both Former and current holders of constitutional posts.
2. The posts are- Former and present Ministers/ State Ministers and Former/current Members of Loksabha/ RajyaSabha/ State Legislative Assemblies/ State Legislative Councils, both former and present Mayors of Municipal Corporations, the former and present Chairpersons of District Panchayats.  
3. All current employees and retired officers of Central / State Government Ministries/ offices/ Departments and their field units, Central or State PSEs, and democratic Institutions under the Government, as well as regular employees of the Local authorities.
4. High-profile professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects can be registered with Professional categories and carry out their profession by undertaking practices.                                                        

FAQS:

1. What is the PM-Kisan Samman Scheme?

PM-Kisan Samman Scheme, named a Pradhan Mantri Kisan Samman Nidhi Yojana, benefits Farmers. The Central Government has organized this Scheme to support the landholding farmers. It is mainly a supplemental scheme for farmers to deal with agricultural expenses.

2.  What are the crucial advantages of the PM-Kisan scheme?

The exciting part is that the amount will be transferred to the beneficiaries' bank accounts under this initiative. This up-to-date scheme is one of the most recognized to increase the quality of the crops.  

3.  Who launched the PM-Kisan Yojana, and when?

The renowned Prime Minister of India, Narendra Modi, launched the PM-Kisan scheme on February 24, 2019. The scheme came into play on December 1, 2018.