Pradhan Mantri Kisan Samman Nidhi (PM KISAN)

Farmers are the backbone of our nation. They provide us with food, one of the most basic essentials for survival. There are many schemes that are run by the Indian Government that benefit our farmers and enable them to become self-dependent and financially secure. One of these schemes that is run in the country for farmers is the Pradhan Mantri Kisan Samman Nidhi.

The PM Kisan Samman Nidhi Yojana is a scheme for the welfare of Indian farmers. It is a Centre Sector scheme that was introduced in 2019 by the Government of India. The scheme is funded by the Central Government of India. Under this scheme, farmers who are cultivable landholders will get an amount of ₹6,000 annually to supplement their income.

Read on to find more information about PM Kisan Samman Nidhi and PM Kisan Yojana benefits.

What is Pradhan Mantri Kisan Samman Yojana?

As stated above, the Pradhan Mantri Kisan Samman Yojana is a scheme introduced by the Central Government to provide some financial assistance to Indian farmers with an annual fixed income of ₹6,000.
 

This PM Kisan Yojna benefit of ₹6,000 is provided to the farmers in 3 instalments, once every 4 months.

The families of the farmers can use this income for the following purposes:
 

• Procure various types of inputs for their agricultural requirements.
• Pay for any requirements related to allied activities.
• Cover costs of their domestic household requirements.

Features of Pradhan Mantri Kisan Samman Yoajna

Here are all the details of PM Kisan Samman Yojana:
 

PM Kisan Eligibility

Landholding farmer families are eligible to avail of the PM Kisan Yojna benefits.

A family here means:
 

• A family includes a wife, a husband, and one or more minor children.
• It must have some cultivable land mentioned in the state or UT land records.

PM Kisan Yojana Benefits

There are various benefits that farmers can avail of under this scheme. The primary ones are:

• Supplemental Income

  
  Every farmer who fulfils the PM Kisan eligibility will get ₹6000 per year in their bank account. The sum will be transferred to the farmer in 3 instalments of ₹2000 each. The duration for instalments is:
  
  
  • From April to July
  • From August to November
  • From December to March
     

• Loan Facility

  
  5 You can get short-term collateral-free loans through the Kisan Credit Card under the PM KISAN Yojana. Here are some of the features:
  
  

  • Loans will be at lower interest rates.
  • Loans up to ₹3 lakhs can be availed of without collaterals.
  • The loan includes an in-built crop insurance coverage.
    
    

Flexible options for loan repayment will be offered.

Documents Required for Pradhan Mantri Kisan Samman Yojana

Here is the list of documents required to avail of PM Kisan Yojana benefits:
 

• Proof of citizenship
• KYC documents
• Details of your bank account
• Aadhaar card number
• In case the Aadhaar card has not been issued, you would need an Aadhaar enrolment number and identification documents (Voter ID card, driving licence, or NREGA Job card)

How to Register Yourself Under the PM Kisan Samman Nidhi Yojana?

There are several methods to register yourself under this scheme.
 

• Method I
  Contact the designated officer or Patwari or the revenue officials and submit the necessary documents to enrol for this scheme.
• Method II
  Go to the CSC (Common Service Centre), provide all the required documents, and pay the fee to complete the registration process.
• Method III
  On the PM Kisan online website, go to the ‘Farmers Corner’ and register there.
• Method IV
  Register yourself using the mobile application. You can download it from the online PM Kisan website or with the help of the Google Play Store.

How to Check PM Kisan Benefit Status?

Here are the steps to check the status of PM KIsan benefit:
 

• Go to the PM Kisan Yojna website.
• You will see the ‘ Farmers Corner’ section. Now, tap ‘Beneficiary Status.’
• Enter the required information - registration/mobile number.
• Enter the captcha.
• Tap on ‘Get Data.’
  

All the details regarding your status to receive the benefits will be visible to you.

Conclusion

The PM Kisan Samman Nidhi Yojna is one of the schemes that the government runs to ensure that the income of small and marginal farmers is augmented. For poor farmers, it will be a source for funding their needs while they grow their crops. It is also great for aged farmers as they can utilise this income to fund their retirement and ensure that they live a better life. They can also save this money when they wish to retire from work.
 

If you are considering retirement planning, you can explore various retirement plans online. These retirement plans will help you spend your old age with ease and comfortably without having to depend on anybody else.