Pradhanmantri Kishan Samman Nidhi Yojana 

Pradhanmantri Kishan Samman Nidhi Yojana

Today we discuss the Pradhanmantri Kishan Samman Nidhi Yojana. Please read the entire article and get the answer to your all queries.

The short form of Pradhanmantri Kishan Samman Nidhi Yojana is PMKSNY ( PM’s Farmers Tribute Fund).

  During the Union Interim Budget on 1st February 2019, the Pradhanmantri Kishan Samman Nidhi Yojana  (abb. PMKSNY) scheme was recommended by Sri Piyush Goyal, Ministry of Agriculture and Farmers Welfare. The scheme aimed at the welfare of Small and Marginal Farmers (SMFs) of India.
The scheme was launched by the PM, Govt. of India in Gorakhpur, Uttar Pradesh on 24th February 2019 by transferring the 1st instalment of Rs 2000.00 each to one crore farmers.

Primarily Pradhanmantri Kishan Samman Nidhi Yojana scheme is so designed by the central Govt.   to fulfil the different needs of the small and marginal farmers of India.

During different corp seasons, they face many difficulties especially to purchase inputs like seeds, fertilizers, pesticides, helping machinery and articles, and such many others for optimum production of crops.

In this condition, they go to the local money lenders of the local area to get the required money and compelled to pay a high rate of interest.

Sometimes, they could not come out of the bondage of loan and lose the profit, even their daily need to use the produced food articles.

Here, we read the incidents of self-immolation of farmers in the pages of daily newspapers. Now, the No. of such incidents became much dangerously voluminous in our country.

In this context,  the Govt. of India took some measures to save such small and marginal farmers of our country through a bank loan at a low-interest rate. But the picture reveals almost the same.

Small farmers could not approach the banks due to some reasons or others and fall into the trap of money-mongers who took the farmers to the last line. Helplessly they commit suicide and their families face bigger problems in life.

 Background of the Pradhanmantri Kishan Samman Nidhi Yojana

The state govt. of Telangana introduced a Rythu Bandhu Yojana to some eligible poor farmers of the state. The scheme got much popularity and supported by the different Kishan organisations. The World Bank also acknowledged it and said it is better than a loan waiver.

The Govt. of India wanted to make such a scheme for the farmers of all over India. The Ministry of Agriculture and Farmers Welfare announced the scheme for SMFs in the interim budget of 2019.

In the said Budget of 2018-2019 fund allocated Rs 20,000 crores. In the Budget of 2019-2020 the scheme aimed at 14.5 crores for small and marginal farmers who will get benefits @ of Rs 2000.00 per instalment three times and a total of Rs 6000.00 per year. Fund allocated Rs 87,217.50 crores in the central budget.

The scheme PMKSN aimed to help the SMFs during the yearly crop season to procure the inputs required for crops and may get the proper benefit from the agricultural products.

Who are eligible for PMKSNY.

  To avail the benefit of PMKSNY, the farmer must be an Indian citizen, holding a cultivable land up to 2 (two) hectares.

Now, its ambit was expanded and the Govt. of India announced that the benefit of the scheme w.e.f. 01/06/2019 will cover all farmer families in India irrespective of their cultivable landholding.

In the database, a farmer has to put the name, gender, social status (SC/ST), Aadhaar No., land records in details, Bank Account No., Mobile No. and such data will show the eligibility or non-eligibility of the particular farmer.

Non-eligibility criteria

The farmers of the high-income group are not eligible to get the benefit of the scheme.
A) those who are institutional landholders,
B) one or more members who belong to the following criteria:-
1) constitutional post holders at any time,
2) present or former central/state ministers/ members of Lok Sava/ RajyaSava/members of State Legislative Assembly/ State Legislature Council/ Mayors of Municipal Corporation/ Chairpersons of District Panchayats,
3) The present/retired officers and employees of central/state govt. Ministries/offices/  departments
4) The retired pensioners with a monthly pension of Rs 10,000.00 or more (excluding, multi-tasking staff/ class four / group D employees),
5) Income Taxpayers of the last assessment year,
6) Doctors, Engineers, Lawyers, Chartered Accountants, who are registered with professional bodies and practise.

How to register.

The farmers have to approach the nodal officer (state Govt. nominated) or the local Revenue Officer.
The State Govt. authorised Common Service Centres(CSCs) are also entrusted to register the name of farmers, but here, a fee is to be paid.

Who will finance the scheme?

The Govt. of India will bear the 100% fund required for the Pradhanmantri Kishan Samman Nidhi Yojana scheme.
The scheme has completed its first anniversary 0n 24/02/2020. Over 8 crore 46 lakh farmers are covered in this scheme in one year.
Identification
The entire process of identification of farmers depends on the respective State Govt.s / UT Govt.s. An exclusive ‘web portal‘ has been launched to organise the scheme.

The scheme at first was only for financial support to the Small and Marginal Farmers (SMFs) of the country.
Extension of the scheme
Now, its ambit was expanded and the Govt. of India announced that the benefit of the scheme w.e.f. 01/06/2019 will cover all farmer families in India irrespective of their cultivable landholding.

To check the status online in this scheme follow the procedures.

1) Visit the govt. of India official website.
2) find the farmers corner on the right side of the homepage
3) now click on beneficiary status
4) put your Aadhar No./Mobile No./ Bank Account No.
5) Next click on get data
6) The screen will display your status in the scheme.

  I Hope, the article will answer all your queries about the Pradhanmantri Kishan Samman Nidhi Yojana scheme. For any further information, please ask us. We must try to satisfy you from ours. Thanks for reading the article.

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