The PM Kisan scheme was launched on 1 December 2018 with the main aim of increasing the income of Small and Marginal Farmers (SMFs). Under the scheme, financial aid is provided to SMFs for the purchase of inputs that are required for crop health.
Initially, Rs.75,000 crore was provided by the scheme to over 9.9 crore farmers. In August 2020, Rs.17,000 crore was transferred by the Prime Minister of India to 8.5 crore farmers. The money was transferred directly into the beneficiary’s bank account.
The main features of the PM Kisan scheme are mentioned below:
The exclusions of the scheme are mentioned below:
The registration process is simple and can be completed online. Individuals will need to visit https://pmkisan.gov.in/registrationform.aspx and provide the Aadhaar number and captcha to view the registration form. The registration process can be completed by filling in the relevant details and submitting the form.
Individuals who have applied for the scheme can check if they have made the list. The step-by-step procedure to check the beneficiary list is mentioned below:
The Government of India offers the Kisan Credit Card (KCC) scheme to help farmers against high-interest rates that are levied by money lenders. The rate of interest is low and the repayment tenure is based on the marketing season of the crop.
Yes, it is mandatory for the beneficiary to provide the bank account details.
Yes, the benefit will be credited directly into the bank account of the beneficiary.
Yes, it is compulsory for the beneficiary to provide his/her Aadhaar details.
No, individuals or family farmers owning more than 2 hectare of land will not be eligible for the benefits under the scheme.
No, individuals who do not own any land will not be eligible for the benefits under the scheme.
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