‘Pradhan Mantri Kisan Samman Nidhi’ or PM KISAN YOJNA is a flagship scheme of the Union government. The initiative was announced by Piyush Goyal during the 2019 Interim Union Budget of India on 1 February 2019.
The scheme has cost ₹75,000 crore (US$11 billion) per annum and has come in effect from December 2019. ₹6,000 per year will be paid to each eligible farmer in three installments and will be deposited directly to their bank accounts.
Pradhan Mantri Kisan Samman Nidhi’ or PM KISAN YOJNA is a flagship scheme of the Union government. The initiative was announced by Piyush Goyal during the 2019 Interim Union Budget of India on 1 February 2019 was first conceived and implemented by the Govt of Telangana as the Rythu Bandhu scheme.
Also Read: How To Apply for PM Awas Yojana Online | About PM Awas Yojna | What Is PM Awas Yojna
The scheme received accolades from various organizations for its successful implementation, including World Bank. Many economists suggest that this type of investment support is better than farm loan waivers.
With the positive outcome of this scheme, Govt of India wanted to implement it as a nationwide project.
For 2018–2019, Rs. 20,000 crores were allocated under this scheme. For the year 2019–2020, the scheme has been revised to benefit nearly 2 crores more farmers and the coverage of the Pradhan Mantri Kisan Samman Nidhi’ or PM KISAN YOJNA is increased to nearly 14.5 crore beneficiaries.
The funds allocated were Rs. 87,217.50 crores by the Central Government.
On 24 February 2019, Narendra Modi launched Pradhan Mantri Kisan Samman Nidhi’ or PM KISAN YOJNA in Uttar Pradesh’s Gorakhpur by transferring the first installment of ₹2,000 each to over one crore farmers.
Also Read: What are the 3 Farm Laws 2020 | Farm Laws News Today
What is Pradhan Mantri Kisan Samman Nidhi Yojana
Pradhan Mantri Kisan Samman Nidhi is a central scheme with 100% funding from government. It was announced in the budget of 2019-20.
How Farmers Will Receive Money?
The total sanctioned amount of INR 6000 per year would be paid to them in three equal installments of Rs 2,000 each and transferred directly to bank accounts of the beneficiaries.
The Pradhan Mantri Kisan Samman Nidhi Yojana or PM Kisan Samman Scheme gives Rs 6,000 annual subsidy to the registered beneficiary farmers in three instalments of Rs 2,000 each.
Now, the last PM Kisan Samman Nidhi installment for FY 2020-21 will be credited any time and hence the registered beneficiary farmers are advised to keep on checking whether the benefit amount of Rs 2,000 has been transferred in their bank account or not.
Also Read: What is LIC IPO In Nutshell | How to Buy LIC IPO | LIC IPO Shares Today
Farmers Benefit From PM Kisan Samman Nidhi?
It is said that scheme will have more than 12 crore small and marginal farmers known as SMFs.
The scheme aims at supporting the financial needs of SMFs required for procuring various inputs to ensure healthy and good yields.
This would also help them to stay away from cunning money lenders to make their expenses meet.
Also Read: How to Learn Fundamentals Of Stock Market | What is Stock Market & its Tactics
Effective Date of PM Kisan Samman Nidhi?
The scheme became effective from December 1, 2018, and the cut-off date for identification of beneficiaries with regard to their eligibility was February 1, 2019.
Also Read: What is IPO? | How Does an IPO Work | Some Useful IPO Terms
How the Scheme will be Rolled Out?
| Yojana Name | Pradhan Mantri Kisan Samman Nidhi Yojana |
| Initiative By | PM Sh. Narendra Modi |
| Initiated in Year | 2019 |
| Beneficiary | Farmers |
| Quarter | December 2023 – March 2024 |
| Quarterly amount | Rs 2000 |
| Benefit provided | Rs 6000 per year |
| Amount per installment | Rs 2000 |
| Total annual installments | 3 |
| Installment received till now | 14 |
| PM Kisan 16th Installment Date 2024 | March 2024 |
| Total number of beneficiaries | Around 11 crore |
| Payment Mode | Online |
| pmkisan.gov.in 16th Beneficiary List 2024 | March 2024 |
| Official website | pmkisan.gov.in |
The responsibility of identification of beneficiaries under PM-KISAN scheme rests with the governments and administrations of state and Union territories. An exclusive web-portal www.pmkisan.gov.in has been launched for the scheme.
The financial benefits are released to the beneficiaries on the basis of the data of farmers prepared and uploaded by them on the PM-Kisan web-portal.
The scheme initially provided income support to all small and marginal Farmers’ families across the country, holding cultivable land up to 2 hectares.
Its ambit was later expanded from June 1, 2019, to cover all farmer families in the country irrespective of the size of their landholdings.
Also Read: List of 20 Incidents That Shocked the Whole World
Who is Eligible for PM Kisan Samman Nidhi?
- Landholding farmers’ families with cultivable landholding in their names can apply under this scheme
- Farmers from both the urban and rural areas
- Small and marginal farmers’ families
Also Read: List of 20 Countries Celebrate New Year First in Entire World
Who is not Eligible for PM Kisan Samman Nidhi?
- Institutional landholders
- Present or retired officers and employees of state/central government as well as PSUs and government autonomous bodies.
- Beneficiaries with higher economic status are not eligible.
- Those who pay income tax
- Farmer families holding constitutional posts
- Professionals like doctors, engineers and lawyers
- Retired pensioners with a monthly pension of over Rs 10,000
Also Read: 20 Little Known Facts about FM Nirmala Sitharaman | Finance Minister of India Nirmala Sitharaman
Documents Required to Register PM Kisan Samman Nidhi?
When applying as a beneficiary for this scheme, individuals would need to submit the following documents:
- Aadhaar card
- Proof of citizenship
- Documents substantiating ownership of land
- Details of bank account
Individuals will need to provide scanned copies of such documents if they are registering online.
Also Read: Hindu Month Name Importance in Detail | 12 Months of Hindu Calendar
How to Register for PM Kisan Samman Nidhi?
Follow The Steps for Enrolment – Click Here for The Portal
1. The farmer is required to approach the local patwari/revenue officer/nodal officer (PM-Kisan) nominated by the state government.
2. Farmers can also do their self-registration through the Farmers Corner on the portal.
2. Go to website www.pmkisan.nic.in
3. Enter The Captcha Code In Image Code Section.
4. Click On The Submit Button.
5. Now, Click on Save Button and Take Print Out of Submitted form.
6. This scheme has provisions to edit their names in PM-KISAN database as per their Aadhaar database/card through the Farmers Corner.
7. Farmers can also know the status of their payment through the Farmers Corner in the portal.
8. Village-wise details of beneficiaries are also available on the Farmers Corner.
Also Read: How To Play Chess for Beginners | Shatranj ka Khel | Rules for Castle in Chess
What is Farmers Corner?
1. On the official website of PM Kisan Samman Nidhi Yojana – pmkisan.gov.in, there’s a section called the ‘Farmers Corner‘.
2. Farmers can register themselves through the Farmers Corner in the portal.
3. They can also edit the name in PM-Kisan database and know the status of their payment.
4. The Common Service Centers (CSCs) have also been authorized to register farmers for the scheme upon payment of fees.
5. These facilities on Farmers Corner are also available through CSCs.
Also Read: What is PM Cares Fund | PM Cares Fund Total Collection | PM Cares Fund Account Details?
How to Check PM Kisan Samman Nidhi Status?
To check PM Kisan Samman Nidhi status follow The Steps:
1. The registered farmers are advised to keep checking at the official website of the PM Kisan Samman Yojana.
2. Go to website www.pmkisan.nic.in
3. At the home page of the PM Kisan Samman Nidhi Yojna, there is ‘Farmer’s Corner‘ where the registered farmer needs to click.
4. Then they will get the ‘Beneficiary Status’ option. After a click on this option, you will be redirected to a new page.
5. At this new web page, the registered farmer needs to fill in one’s Aadhaar card number, bank account number, or registered mobile number.
Also Read: What is Child Labor | Child Labour in the Industrial Revolution | Child Labor Law in America
6. After submitting either of this three information, their PM Kisan Samman Nidhi status will get opened on the computer screen or on their android or smartphone.
7. There the registered farmers can get information other than their PM Kisan Samman Nidhi installment as well.
7. After submitting the entire information as mentioned above, if ‘FTO Generated and Payment Confirmation is pending‘ gets displayed on your computer monitor, then you need not to get panic.
It means the PM Kisan Samman Nidhi installment credit is under process and it will be credited in your given bank account soon.
Also Read: What is Pulse Oximeter and How it Works | How to Read Pulse Oximeter
What are the Special Provisions of PM Kisan Samman Nidhi?
Special provisions have been made for the North-Eastern States where land ownership rights are community based, Forest dwellers and Jharkhand, which does not have updated land records and restrictions on the transfer of land.
Ever since the launch of the scheme, more than 1 lakh 10 thousand crore rupees have been disbursed to farmers, PM Modi said in his interaction with farmers today.
Pradhan Mantri Kisan Samman Nidhi: FAQ
How to Apply for Pradhan Mantri Kisan Samman Nidhi
Steps to Follow For Enrolment:
Follow The Steps for Enrolment – Click Here for The Portal
1. The farmer is required to approach the local patwari/revenue officer/nodal officer (PM-Kisan) nominated by the state government.
2. Farmers can also do their self-registration through the Farmers Corner on the portal.
2. Go to website www.pmkisan.nic.in
3. Enter The Captcha Code In Image Code Section.
4. Click On The Submit Button.
5. Now, Click on Save Button and Take Print Out of Submitted form.
6. This scheme has provisions to edit their names in PM-KISAN database as per their Aadhaar database/card through the Farmers Corner.
7. Farmers can also know the status of their payment through the Farmers Corner in the portal.
8. Village-wise details of beneficiaries are also available on the Farmers Corner.
How to Login for PM Kisan Samman Nidhi
To Check PM Kisan Samman Nidhi status follow The Steps:
1. The registered farmers are advised to keep checking at the Official website of the PM Kisan Samman Yojana.
2. Go to website www.pmkisan.nic.in.
3. At the home page of the PM Kisan Samman Nidhi Yojna, there is ‘Farmer’s Corner‘ where the registered farmer needs to click.
4. Then they will get the ‘Beneficiary Status‘ option. After a click on this option, you will be redirected to a new page.
5. At this new web page, the registered farmer needs to fill in one’s Aadhaar card number, Bank account number, or Registered mobile number.
6. After submitting either of this three information, their PM Kisan Samman Nidhi status will get opened on the computer screen or on their android or smartphone.
7. There the registered farmers can get information other than their PM Kisan Samman Nidhi Installment as well.
8. After submitting the entire information as mentioned above, if ‘FTO Generated and Payment Confirmation is pending‘ gets displayed on your computer monitor, then you need not to get panic.
It means the PM Kisan Samman Nidhi installment credit is under process and it will be credited in your given bank account soon.
How to Fill PM Kisan Samman Nidhi Form
Follow The Steps for Enrolment – Click Here for The Portal
1. The farmer is required to approach the local patwari/revenue officer/nodal officer (PM-Kisan) nominated by the state government.
2. Farmers can also do their self-registration through the Farmers Corner on the portal.
2. Go to website www.pmkisan.nic.in
3. Enter The Captcha Code In Image Code Section.
4. Click On The Submit Button.
5. Now, Click on Save Button and Take Print Out of Submitted form.
6. This scheme has provisions to edit their names in PM-KISAN database as per their Aadhaar database/card through the Farmers Corner.
7. Farmers can also know the status of their payment through the Farmers Corner in the portal.
8. Village-wise details of beneficiaries are also available on the Farmers Corner.
PM Kisan Samman Nidhi 2024 installment date
March 2024
June 2024
September 2024
December 2024
Read More:
- Who is Indian Crickter Mahendra Singh Dhoni | 10 Interesting Facts About Mahendra Singh Dhoni | The Legendary Cricketer
- Who was Veer Vinayak Damodar Savarkar | Freedom Fighter Veer Vinayak Damodar Savarkar
- What day is Valentine’s Day 2024 | History of Valentine’s Day | Valentine’s Day Story & Quotes
- Top 10 Best Travel Destinations to Visit In The World In 2024 | Solo Travel Destinations In 2024
- List of Top 10 Upcoming Electric Cars Coming To India In 2022
About Author
