IAS Gyan

Daily News Analysis

PM-KISAN scheme

14th May, 2021 Economy

GS PAPER II: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.

Context: PM Modi releases 8th instalment of PM-KISAN benefits

Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme

  • 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 ₹1.15 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

How to register for PM Kisan Samman Nidhi?

  • Farmers have to approach the local revenue officer (patwari) or a nodal officer (nominated by the state government)
  • The Common Service Centres (CSCs) have also been authorized to do the registration of the farmers for the Scheme upon payment of fees

Farmers Corner

  • On the official website of PM Kisan Samman Nidhi Yojana - pmkisan.gov.in, there's a section called the 'farmers' corner'.
  • Farmers can register themselves through the Farmers Corner in the portal. They can also edit the name in PM-Kisan database and know the status of their payment.

Documents required to register under PM-Kisan Yojana

  • Aadhaar is mandatory.
  • Apart from Aadhaar, citizenship certificate, landholding papers and bank account details have to be submitted to the concerned authorities.

https://www.thehindu.com/news/national/pm-modi-releases-8th-instalment-of-pm-kisan-benefits/article34554895.ece