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Pradhan Mantri Kisan Samman Nidhi Yojana (PM KISAN)

The Prime Minister, Shri Narendra Modi, will visit Gorakhpur in Uttar Pradesh tomorrow on 24 February 2019. 

Pradhan Mantri Kisan Samman Nidhi Yojana (PM KISAN)

The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) was announced in the interim Budget 2019-20 on February 1, 2019.

Under the Scheme, Rs 6,000 will be given per year to small and marginal farmer families having combined land holding/ownership of upto 2 hectares.

The amount will be given in three installments of Rs.2000 each.

The amount will be transferred directly to the bank account of beneficiaries through Direct Benefit Transfer. DBT will ensure transparency in the entire process and will save time for the farmers.

The Scheme was introduced to augment the income of the Small and Marginal Farmers (SMFs). It is estimated to benefit more than 12 crore small and marginal farmers. 

The PM-KISAN scheme aims to supplement the financial needs of the SMFs in procuring various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income at the end of the each crop cycle. This would also protect them from falling in the clutches of moneylenders for meeting such expenses and ensure their continuance in the farming activities.

PM KISAN is a Central Sector scheme with 100% funding from Government of India. The Scheme becomes effective from1.12.2018 for transfer of benefit to eligible beneficiaries.

State Government and UT Administration will identify the farmer families which are eligible for support as per scheme guidelines.

PM KISAN is a revolutionary scheme which aims to transform the lives of small and marginal farmers in India, by providing them assured monetary support in three instalments every year. The scheme implemented through DBT, will transfer the amount directly to the bank account of the beneficiary, thereby eliminating middlemen and corruption. As against the onetime loan waivers, PM KISAN is truly an empowering project designed for ensuring dignified life for small scale farmers. In the long run, the scheme is expected to address farmer migration and improve crop intensity.

A small and marginal landholder farmer family for the purpose of the calculation of the benefit is defined as “a family comprising of husband, wife and minor children (upto 18 years of age) who collectively own cultivable land upto 2 hectare as per land records of the concerned State/UT”.

The existing land-ownership system in the concerned States/UTs will be used for identification of beneficiaries. Those whose names appear in land records as on 01.02,2019 are eligible for benefit. If a Landholder Farmer Family (LFF) has land parcels spread across different village/revenue records, then land will be pooled for determining the benefit. Accordingly, it is of utmost importance that the land records are clear and updated and the State/UT Governments are requested to complete updation of and records for the purpose expeditiously. All States/UTs shall endeavor to complete the identification of beneficiaries and facilitate quick distribution of the benefit to farmers.

The benefit shall be transferred by Government of India to the bank account of the beneficiaries through State Notional Account. For transfer of benefit, District-wise beneficiaries lists shall be certified and uploaded by the States/UTs on the PM-KISAN Portal of Govt. of India and the funds will be electronically transferred to the beneficiary’s bank account by Gol through State Notional Account on a pattern similar to MNREGS. The funds pertaining to income support benefit shall be released from Gol periodically based on receipt of fund transfer order through the concerned State/UT Govt. with the eligible beneficiaries’ details. States shall also notify District Level Grievance Redressal Committees for redressing all grievances related to implementation of the scheme.

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