Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme

Objectives

Salient features

To supplement the financial needs of all eligible landholding farmers’ families in procuring various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income as well as for domestic needs.

• Ministry: Ministry of Agriculture & Farmers Welfare.
• Type: Central Sector Schemes
• Benefits: An amount of Rs.6000/- per year is released by the Central Government in three equal instalments of ₹ 2,000 each, every four months to the eligible farmers families. 
• Beneficiaries: All the landholding farmers’ families i.e., husband, wife and minor children)subject to certain exclusions. 
• Exclusion: Beneficiaries of higher economic status shall not be eligible (refer to the infographic). 
• Land records mandatory: However, exceptions for forest dwellers, North-eastern states and Jharkhand which have separate provisions for land records. 
• Identification of beneficiary: It is the responsibility of state/UT government. 
• Facility of Kisan Credit Cards (KCC): KCC is to be given to All PM-KISAN beneficiaries to provide them with short-term loans for crop and animal/fish rearing at a maximum interest of 4% on timely repayment. 
• Project Management Unit (PMU): Established at the Central level, PMU is responsible for the overall monitoring of the scheme. 
  • State Governments may also consider setting up a dedicated PMU.
• Grievance redressal: Any grievances received by the Grievance Redressal Committee should be preferably disposed of within two weeks.
• Prevention of diversion of funds: To ensure only eligible farmers' families are covered under the scheme, the Ministry in 2019 directed the State Governments to verify around 5% of beneficiaries each year mandatorily physically.
  • There is also provisions for Aadhar authentication and Income Tax payee verification to ensure no ineligible farmer could utilise the benefit.