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The Pradhan Mantri Kisan Samman Nidhi will provide assured income to small and marginal farmers.
All Small and Marginal Farmers (SMF) with 2 hectares of cultivable land will be provided income support of Rs 6000 per year.
The amount will be transferred directly into their account in 3 equal installments.
The complete expenditure of Rs 75000 crore for the scheme will borne by the Union Government in 2019-20.
Over 12 crore farmer families will be benefitted under the scheme.
The scheme is being implemented with effect from December 2018.
Union Budget 2019: Major Highlights
Pradhan Mantri Kisan Samman Nidhi Yojana: Guidelines launched for States to implement scheme; PM-Kisan Portal launched
The Union Ministry of Agriculture and Farmers’ Welfare on February 7, 2019 launched a platform named PM Kisan, http://pmkisan.nic.in, under the Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) for uploading the details of the Small and Marginal Farmers (SMF).
The Pradhan Mantri Kisan Samman Nidhi Yojana was announced in the Union Interim Budget 2019 by Finance Minister Piyush Goyal.
Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN)
Agriculture Minister’s letter to states for implementation of PM-KISAN
The Union Minister of Agriculture and Farmers’ Welfare, Radha Mohan Singh on February 8, 2019 wrote to the Chief Ministers of all States for their support in the effective and speedy implementation of the PM-KISAN Yojana so that the entitled benefits are speedily transferred to the farmers. Here is the content of the letter:
Guidelines for States for implementation of the scheme:
• The selection of eligible small farmer families under the scheme will be undertaken by the State Governments.
• The necessary details such as bank account details will be provided on the online portal so that the first installment of the benefits can be transferred to the eligible families.
• The States will prepare database of eligible beneficiary landholder farmer families in the villages capturing the Name, Age, Gender, Category (SC/ST) , Aadhaar Number/ Driving Licence/Voters’ ID Card/ NREGA Job Card, Bank Account Number, IFSC Code.
• Though mobile number is not mandatory, but it may be noted when available so that the information related to transfer of benefit can be communicated.
• States/UTs shall ensure that there is no duplication of the payment transferred to eligible families.
• Speedy settlement in case of wrong or incomplete bank details of the beneficiary should be ensured.
Objective behind launching of the scheme
Considering that the declining prices of agricultural commodities and food inflation led to reduced returns for farmers, the Government felt the need for structured income support for farmers to procure seeds and labour.
Taking this into account, the Government introduced Pradhan Mantri Kisan Samman Nidhi Yojana for farmers’ welfare.
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KCC: Centre plans campaign to enrol one crore more farmers
The Centre plans to launch a village-level campaign to enroll an additional one crore farmers in Kisan Credit Card (KCC) scheme over the next 100 days, said Narendra Singh Tomar, Minister for Agriculture and Farmers’ Welfare, on Thursday.
The Minister said this during a video conference with the agriculture ministers of States and Union Territories, in which he also urged States to ensure wider coverage of the Pradhan Mantri Kisan Samman Nidhi Yojna (PM-Kisan) and pension schemes that were recently launched for small and marginal farmers.
Currently, there are about 6.92 crore KCC holders, even though there are 14.5 crore operational landholdings, an official statement said. KCC makes farmers eligible for agricultural loan of up to ₹1.6 lakh. Among the major States that have poor KCC penetration are: Bihar, Chhattisgarh, Gujarat, Jharkhand, Maharashtra and West Bengal.
PMKisan is a Centrally-sponsored income support scheme for farmers which would give them ₹6,000 a year in three equal instalments.
From April, the scheme has been extended to all farmers, irrespective of the size of landholdings. Similarly, the first Cabinet meeting of the new NDA government announced a pension scheme that would give ₹3,000 monthly to small and marginal farmers from the age of 60 if they enrol between 18 and 40 years of age.
PTI adds: Farmers will have to contribute ₹100 per month under the Pradhan Mantri Kisan Pension Yojana for the monthly pension, according to the government. The Centre will match the farmers’ contribution to the pension fund to be managed by the LIC, it said.
The Modi 2.0 government in its first cabinet meeting had approved a separate pension scheme for farmers to cover five crore beneficiaries in the first three years, which would cost the exchequer ₹10,774.5 crore per annum.
In the video conference, Tomar urged all the States and Union Territories to roll out the programme at the earliest.
Farmers can also opt to allow the contribution to be made directly from the benefits drawn from the PM-Kisan scheme. There will also be an online grievance redressal system for complete transparency.
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