PM KISAN
Context
- The Union government will disburse the next instalment of PM-KISAN, its cash transfer scheme for farmers, on 9 August.
About
- Under the PM-KISAN scheme, the government is providing ₹6,000 in three equal installments to 14 crore farmers annually.
- The amount is directly transferred into the bank accounts of the beneficiaries through direct benefit transfer (DBT) mode.
- An amount of over ₹15 lakh crore has been transferred to farmer beneficiaries so far under the PM-KISAN scheme, launched on February 24, 2019.
- The scheme defines family as husband, wife and minor children. The fund of Rs 2,000 is directly transferred to the bank accounts of the farmers/farmer's family.
Who is eligible for PM Kisan scheme?
- Landholding farmers’ families with cultivable landholding in their names can apply under this scheme
- Farmers from both the urban and rural areas
- Small and marginal farmers families
Who is not eligible for PM Kisan scheme?
- Institutional landholders
- Present or retired officers and employees of state/central government as well as PSUs and government autonomous bodies.
- Beneficiaries with higher economic status are not eligible.
- Those who pay income tax
- Farmer families holding constitutional posts
- Professionals like doctors, engineers and lawyers
- Retired pensioners with a monthly pension of over Rs 10,000
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