Pradhan Mantri Kisan Samman Nidhi or PM-KISAN is a scheme the government came up with for small as well as marginal farmers. The scheme was launched in February 2019 directly to offer finances to farmers by the central government with the primary aim of uplifting their agricultural productivity, which can do well for them in the future also.
PM-KISAN disburses Rs 6,000 per year to eligible farmers in three instalments of Rs 2,000 each.
Why PM-KISAN?
Schemata functions like this:
Fiscal Support:
Direct cash transfers would enable farmers to invest in seeds, fertilizers, and what have you so that farming can be done at a cost-cutting affair.
Poverty Alleviation:
The entire scheme focuses on small and marginal farmers by involving all rural households into poverty eradication schemes so that their standard of living becomes better.
General Economy Stability:
Savings through steady income will enable them in case of a bad harvest, price change, and rising input cost.
Farmers Empowerment:
Financing will boost their self-esteem and informed choices related to farm operations.
Benefits to Low and Marginal Farmers
The main beneficiaries of the scheme of PM-KISAN would be the low and marginal farmers who more often are plagued with problems of scarce finance and scanty resources.
Availability of Inputs:
Cash support will make them ready to purchase all the inputs needed for both farm and irrigation development, including good quality seed, fertilizers, and pesticides, and thus produce good yields and high productivity.
Debt Relief:
The informal loan burdened on farmers is expected to decline through financial support as no nagging interest payment burden will be haunting them.
Financing the Investment in Sustainable Agriculture Practice:
The financing opportunities will help the farmers to invest in sustainable agriculture practices such as soil health management and efficient irrigation systems which would attain length in the viability of agriculture.
Crisis Time Safety Net:
It would prove like a safety net if and when there is a crisis striking in the area- flood, earthquake, etc., or a crop failure. It would provide funds to the farmers so that they could get over the troubled times.
Reason for Diversification:
Farmer can use it to adopt new cropping packages or even new livelihood sources. It would be an excellent way of achieving food security and also increasing economic viability.
Conditions for Eligibility
The conditions to qualify for this benefit under the PM-KISAN are as follows:
Farmer Category:
Small or marginal farmers having land holding up to 2 hectares.
Citizenship:
It is only for the Indian citizen. Income taxpayers and institutional landholders are not included in the list.
Age and Gender:
This facility is open to all, in case of age and gender also. This facility is available to both genders among farmers.
Date of Bank Details Verification: 05 October 2024
E-KYC Date: 10 October 2024
5 Step-by-Step Processes to get Your Rs 2,000
step 1: Guarantee Your Eligibility and Registration
Whether I am eligible for this scheme or not. If I am not registered till date, then I should register either through the PM-KISAN official portal or my nearby CSC.
Step 2: Verification of Bank Details
Verification to ensure all correct details regarding bank account are as follows:
- login to your PM-KISAN account.
- Verify Bank details: Confirm the Account number and IFSC code.
- Link Your Aadhar Number: This will be a strong part of the payment process.
Step 3 Complete Your E-KYC
E-KYC is a mandatory procedure to identify you as the beneficiary:
-You can do this either on the PM-KISAN portal, or rather, at some nearby CSC by using your Aadhar number and, of course, with the registered mobile number.
Step 4: Application Status Check
Click on ‘Beneficiary Status’: Within 24/7 track the application status
Log in to the PM-KISAN portal.
You get the resolution of any discrepancy. Compare this with your district agriculture department and resolve this discrepancy.
Step 5: stay informed about notifications
Keep updating your knowledge about current information available pertaining to PM-KISAN scheme. You have to keep surfacing on the official website of PM-KISAN and news in your local areas so that you would get updated about the payment schedule and eligibility criteria from time to time when their dates are declared.
Conclusion
The PM-KISAN scheme forms a much-needed crutch in liquidity that millions of small and marginal farmers in India would so need. That you are aware of how much the importance of this scheme means getting this much-needed support to reach you is that you must have followed all the steps towards getting your 18th installment for Rs 2000.
To get the authentic information, one may visit the government official websites or the portal of the PM-KISAN. Your initiatives will help to increase your agricultural productivity as well as yourself in a developed manner.
