PM Kisan Yojana: Boosting Farmer Income Across India
The Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) Yojana, launched in February 2019, has emerged as a vital support system for farmers across India. This scheme aims to provide direct financial assistance to small and marginal farmers, offering them much-needed relief and stability in the face of various agricultural challenges.
Key points:
- Direct Income Support: Eligible farmers receive Rs. 6,000 annually in three equal installments, directly deposited into their bank accounts.
- Target Beneficiaries: Small and marginal farmers with landholdings up to 2 hectares are the primary beneficiaries.
- Aadhaar-Based Identification: Aadhaar verification ensures transparency and minimizes fraud.
- Direct Transfer: Funds are transferred directly to beneficiaries’ bank accounts via Direct Benefit Transfer (DBT).
- Online Registration: Farmers can easily register through the PM-Kisan portal or Common Service Centers (CSCs).
PM-Kisan Yojana has significantly improved the livelihoods of millions of farmers by providing financial support to meet agricultural expenses and reduce rural distress. It has also contributed to enhancing agricultural productivity.Challenges include the exclusion of tenant farmers and sharecroppers, as well as issues with enrollment and payment delays. Addressing these challenges requires innovative solutions and improved outreach efforts.
PM-Kisan Yojana stands as a cornerstone of the government’s commitment to farmer welfare. By providing direct income support, it has made a tangible difference in the lives of small and marginal farmers across India. Moving forward, addressing implementation challenges will further enhance its effectiveness and impact.