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Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)

IGNOU Expert
/ January 5, 2023

Last Updated on January 5, 2023 by IGNOU Forum

Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a government scheme in India that provides financial assistance to small and marginal farmers. Under the scheme, eligible farmers receive a direct cash transfer of INR 6,000 (about $80) per year, paid in three equal installments. The goal of the scheme is to provide a financial safety net to farmers and help them to meet their basic needs. To be eligible for the scheme, farmers must have a total cultivable landholding of up to 2 hectares (about 5 acres). The scheme was launched in 2019 and is being implemented nationwide.

Details of Pradhan Mantri Kisan Samman Nidhi

Here are some more details about the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme:

The scheme is open to all small and marginal farmers in India, regardless of their age or gender.
To be eligible for the scheme, farmers must be the owner-cultivators of the land they farm and must have a total cultivable landholding of up to 2 hectares (about 5 acres).
Farmers who are already receiving benefits under other government schemes are also eligible for the PM-KISAN scheme, as long as they meet the other eligibility criteria.
The cash assistance of INR 6,000 per year is paid in three equal installments of INR 2,000 each. The first installment is paid in December, the second in March, and the third in June.
The scheme is funded by the central government and is implemented through the state governments.
Farmers can apply for the scheme through the PM-KISAN portal (pmkisan.gov.in), which is operated by the Ministry of Agriculture and Farmers’ Welfare. They will need to provide certain documents, such as proof of identity, proof of land ownership, and bank account details, to complete the application process.
The scheme is being implemented on a voluntary basis, and farmers are not required to pay any fees to participate.
The scheme is intended to help small and marginal farmers meet their basic needs and improve their economic well-being. It is one of several government initiatives aimed at supporting the agricultural sector in India.

Objectives of Pradhan Mantri Kisan Samman Nidhi

The main objectives of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme are:

To provide a financial safety net to small and marginal farmers, who often face financial challenges due to a variety of factors such as low crop yields, market fluctuations, and high production costs.
To help farmers meet their basic needs, such as food, clothing, and healthcare.
To improve the economic well-being of small and marginal farmers and enable them to lead a dignified life.
To support the agricultural sector in India and contribute to the overall development of the country.
To encourage farmers to continue cultivating their land and engage in agricultural activities, which are important for the country’s food security and economy.

Eligibility of Pradhan Mantri Kisan Samman Nidhi

To be eligible for the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, farmers must meet the following criteria:

The farmer must be the owner-cultivator of the land they farm.
The farmer must have a total cultivable landholding of up to 2 hectares (about 5 acres).
The farmer must be a resident of India.
The farmer must have a valid bank account in their name.
The farmer must not be receiving benefits under any other government scheme.

Note that the scheme is open to all small and marginal farmers in India, regardless of their age or gender. Farmers who are already receiving benefits under other government schemes are also eligible for the PM-KISAN scheme, as long as they meet the other eligibility criteria.

What is Needed For Pradhan Mantri Kisan Samman Nidhi

To apply for the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, farmers will need to provide the following documents:

Proof of identity: This could be a voter ID card, a PAN card, an Aadhaar card, or any other government-issued identification document.
Proof of land ownership: This could be a copy of the land title deed or any other document that proves that the farmer is the owner-cultivator of the land they farm.
Bank account details: Farmers will need to provide their bank account number, IFSC code, and other details to receive the cash assistance under the PM-KISAN scheme.
Other documents: Farmers may be asked to provide additional documents, depending on the state in which they live.

Farmers can apply for the scheme through the PM-KISAN portal (pmkisan.gov.in), which is operated by the Ministry of Agriculture and Farmers’ Welfare. The application process is simple and can be completed online. Farmers may also be able to apply through their local village panchayat (village council) or through the local agricultural department.

Advantages of Pradhan Mantri Kisan Samman Nidhi

Here are some advantages of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme:

Direct cash transfer: The scheme provides a direct cash transfer of INR 6,000 (about $80) per year to eligible farmers, which they can use to meet their basic needs or invest in their farming operations.
Financial support to small and marginal farmers: The scheme provides much-needed financial support to small and marginal farmers, who often face financial challenges due to low crop yields, market fluctuations, and high production costs.
Voluntary participation: The scheme is implemented on a voluntary basis, and farmers are not required to pay any fees to participate. This makes it accessible to a wide range of farmers.
Simplified application process: The application process for the PM-KISAN scheme is simple and can be completed online through the PM-KISAN portal (pmkisan.gov.in). This makes it easy for farmers to apply for the scheme and receive the benefits.
Wide coverage: The scheme is being implemented nationwide, which means that small and marginal farmers all over India can benefit from it.
Support for the agricultural sector: The PM-KISAN scheme is intended to support the agricultural sector in India and contribute to the overall development of the country. This is important for the country’s food security and economy.

How to Apply for Pradhan Mantri Kisan Samman Nidhi

To apply for the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, farmers can follow these steps:

Go to the PM-KISAN portal (pmkisan.gov.in) and click on the “Farmer Corner” tab.
Click on the “New Farmer Registration” link.
Fill out the online application form with the required information, including your personal details, land ownership details, and bank account details.
Upload scanned copies of the required documents, such as proof of identity, proof of land ownership, and bank account details.
Review the information you have provided and submit the application.
You will receive a confirmation message once your application has been received.
Your application will be reviewed, and if you are found to be eligible, you will receive the cash assistance under the PM-KISAN scheme in your bank account.

Note that the application process may vary slightly depending on the state in which you live. You may also be able to apply for the PM-KISAN scheme through your local village panchayat (village council) or through the local agricultural department.

FAQ of Pradhan Mantri Kisan Samman Nidhi

Here are answers to some frequently asked questions about the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme:

Who is eligible for the PM-KISAN scheme?

Eligible farmers are small and marginal farmers who have a total cultivable landholding of up to 2 hectares (about 5 acres) and are the owner-cultivators of the land they farm. The scheme is open to all small and marginal farmers in India, regardless of their age or gender.

How much financial assistance do farmers receive under the PM-KISAN scheme?

Eligible farmers receive a direct cash transfer of INR 6,000 (about $80) per year, paid in three equal installments of INR 2,000 each.

How do farmers apply for the PM-KISAN scheme?

Farmers can apply for the PM-KISAN scheme through the PM-KISAN portal (pmkisan.gov.in), which is operated by the Ministry of Agriculture and Farmers’ Welfare. The application process is simple and can be completed online. Farmers may also be able to apply through their local village panchayat (village council) or through the local agricultural department.