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Pradhan Mantri Kisan Samman Nidhi

Topics Covered:

  1. Schemes for the vulnerable sections of the society.
  2. Agriculture related schemes.

 

Pradhan Mantri Kisan Samman Nidhi

 

What to study?

For Prelims and Mains: Features and significance of the scheme.

 

Context: To provide an assured income support to the small and marginal farmers, the Government is launching the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).

 

About Pradhan Mantri Kisan Samman Nidhi:

Under this programme, vulnerable landholding farmer families, having cultivable land upto 2 hectares, will be provided direct income support at the rate of Rs. 6,000 per year.

This income support will be transferred directly into the bank accounts of beneficiary farmers, in three equal installments of Rs. 2,000 each.

 

Significance:

Around 12 crore small and marginal farmer families are expected to benefit from this. It would not only provide assured supplemental income to the most vulnerable farmer families, but would also meet their emergent needs especially before the harvest season. It would pave the way for the farmers to earn and live a respectable living.

 

Sources: the hindu.