Pradhan Mantri Kisan Samman Nidhi Scheme (PM-KISAN)

Quick Facts

• Purpose: To supplement the financial needs of all landholding farmers' families in procuring various inputs and also domestic needs
• Type: Central Sector Scheme
• Beneficiaries: All the landholding farmers, subject to certain exclusions
• Benefits: ₹6,000 per year in three equal instalments of ₹ 2,000 each every four months

Objective

• To provide income support to all land-holding eligible farmer families (families include husband, wife and minor children).

Salient Features

Beneficiary Identification: State/UT governments are responsible.  Self-Registration: Available via mobile app, PM-KISAN portal, and Common Service Centers (CSC).  Land Records Mandatory: Exceptions for forest dwellers, North-Eastern states, and Jharkhand with special land record provisions.  Kisan Credit Cards (KCC): Provided to PMKISAN beneficiaries for short-term loans with a 4% interest on timely repayment.  Preventing Fund Misuse: Includes physical verification of 5% beneficiaries annually, Aadhaar authentication, and Income Tax payee verification.  Project Management Unit (PMU): Central PMU oversees monitoring; states may set up their own PMUs.  Grievance Redressal: Complaints should be resolved within two weeks by the Grievance Redressal Committee.  Exclusion: Higher economic status beneficiaries are ineligible.