Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)

 Launched: 24 February 2019

 Objective: With a view to provide income support to all land holding eligible farmer families, the Government has launched PM-KISAN. The scheme aims to supplement the financial needs of the farmers in procuring various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income. 

Salient Features of PM-KISAN 

• PM KISAN is a Central Sector scheme with 100% funding from Government of India 
• It has become operational from 1.12.2018. 
• Under the scheme an income support of Rs.6000/- per year in three equal instalments will be provided to small and marginal farmer families having combined land holding/ownership of upto 2 hectares 
• Definition of family for the scheme is husband, wife and minor children.
•  State Government and UT Administration will identify the farmer families which are eligible for support as per scheme guidelines.
•  The fund will be directly transferred to the bank accounts of the beneficiaries.
•  The first instalment for the period 1.12.2018 to 31.03.2019 is to be provided in this financial year itself. 
• There are various Exclusion Categories for the scheme.