Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • PM Kisan Scheme

    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.

    Features – PM Kisan Scheme

    The main features of the PM Kisan scheme are mentioned below:

    • 100% of the funds are provided by the Government of India.
    • SMFs are provided Rs.6,000 in a year in three equal instalments. However, the small and marginal farmer families can own land of up to 2 hectares to be eligible to receive the amount.
    • The farmers that are eligible to receive support under the scheme will be identified by the State Government and Union Territory administration.
    • The scheme will be operational from 1 December 2018.
    • The amount will be transferred directly to the beneficiary’s bank account.

    Exclusions – PM Kisan Scheme

    The exclusions of the scheme are mentioned below:

    • Institutional land holders.
    • Farmer families who belong to the below-mentioned categories:
    • Present and former constitutional post holders.
    • Present and former State Ministers or Ministers.
    • Present and former Members of State Legislative Councils, State Legislative Assemblies, Rajya Sabha, and Lok Sabha.
    • Present and former Mayors of Municipal Corporations.
    • Present and former Chairpersons of District Panchayats.
    • Individuals who have paid the income tax for the last assessment year.
    • Architects, chartered accountants, engineers, and doctors.
    • Retired pensioners with a monthly pension of Rs.10,000 or more.
    • Retired and serving officers.
    • State/Central Government/ Department/Office/Ministry employees.

    New Farmer Registration

    The registration process is simple and can be completed online. Individuals will need to visit 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.

    Process to Check Beneficiary List

    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:

    • Visit
    • Click on ‘Beneficiary List’. The option can be found under the ‘Farmers Corner’ section.
    • On the next page, enter the state, district, sub-district, block, and village.
    • Click on ‘Get Report’.
    • The complete list will be displayed.

    Kisan Credit Card

    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.

    FAQs on PM Kisan Scheme

    1. Is it mandatory for the beneficiary to provide the bank account details?

      Yes, it is mandatory for the beneficiary to provide the bank account details.

    2. Will the monetary benefit that is provided under the scheme be directly credited into the account of the beneficiary?

      Yes, the benefit will be credited directly into the bank account of the beneficiary.

    3. Is it compulsory to provide the Aadhaar details?

      Yes, it is compulsory for the beneficiary to provide his/her Aadhaar details.

    4. Will farmer families or individuals owning more than 2 hectare of land be eligible for the scheme?

      No, individuals or family farmers owning more than 2 hectare of land will not be eligible for the benefits under the scheme.

    5. Will an individual not owning any land 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.

    News About PM Kisan Scheme

    • PM Kisan Samman Nidhi Yojana: Government to double the amount for farmers

      Farmers will be soon getting their 10th instalment of the Pradhan Mantri Kisan Samman Nidhi Yojana. According to reports, the central government will be doubling the amount farmers will be entitled to. The beneficiaries might get Rs.4,000 which was previously Rs.2,000.

      In addition to the 10th instalment, farmers will also have three other benefits. The PM Kisan Credit Card will now be linked to the PM Kisan Scheme so that farmers can take loans at affordable interest rates. Beneficiaries in Pradhan Mantri Kisan Samman Nidhi Yojana will be registered in PM Kisan Maandhan Yojana.

      Under this scheme, farmers will get a minimum pension of Rs.3,000 per month after they attain 60 years of age. Furthermore, the central government will be issuing PM Kisan ID Cards that will provide updates of new schemes to the farmers.

      18 November 2021

    • Rs.20,000 crore released by Indian Government under PM-KISAN

      The eight installments of over Rs.20,000 crore for more than 9.5 crore farmers under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme by the Government of India.

      Narendra Singh Tomar, the Agriculture Minister of India informed that West Bengal has also joined the scheme which will help them provide benefits to more than 7 lakh farmers in the state.

      As per the scheme, 14 crore farmers will be provided Rs.6,000 each in three equal installments per year.

      17 May 2021

    • Fishermen to be included under the PM Kisan Samman Nidhi Scheme

      According to Union Defense Minister, Rajnath Singh, the central government will include fishermen under the PM Kisan Samman Nidhi Scheme. The government will be transferring Rs.6,000 per year to fishermen all over the country.

      29 March 2021

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