Agriculture is the backbone of India, with millions of farmers toiling to feed the nation. Recognizing the importance of supporting their livelihoods, the Government of India has introduced a range of schemes aimed at extending benefits to its citizens. One such initiative is the Pradhan Mantri Kisan Samman Nidhi Yojana, or PM Kisan Nidhi Yojana, a scheme that seeks to bolster the income of farmers across the country.
The PM Kisan Nidhi Yojana, launched in December 2018, is a transformative step towards enhancing the financial well-being of India’s farming community. Under this scheme, eligible farmers receive direct income support in the form of financial assistance. Here’s a closer look at the key features and benefits of this scheme.
Direct Income Support: The central idea of the PM Kisan Nidhi Yojana is to provide direct income support to farmers. Eligible farmers receive financial assistance of INR 6,000 annually, which is distributed in three equal installments of INR 2,000 each.
2. Inclusivity: The scheme is inclusive, encompassing small and marginal farmers, which are the backbone of Indian agriculture. It aims to ensure that financial assistance reaches the most vulnerable and deserving beneficiaries.
3. Reduced Financial Burden: By providing direct income support, the scheme alleviates the financial burden on farmers, enabling them to invest in their agricultural activities, purchase seeds, fertilizer, and meet other farm-related expenses.
4. Easy Application: The application process for the PM Kisan Nidhi Yojana is straightforward and farmer-friendly. Farmers can apply through various channels, including Common Service Centers (CSCs), and online portals.
5. Regular Updates: The scheme is continuously updated to include more eligible beneficiaries. Regular corrections and additions are made to ensure that every deserving farmer benefits from the initiative.
Impact and Importance:
The PM Kisan Nidhi Yojana holds immense significance in the agricultural landscape of India. It not only provides financial relief to farmers but also boosts their confidence and motivation. The scheme ensures that they can invest in their farms, adopt modern techniques, and improve crop yields. Ultimately, this leads to enhanced food production, rural development, and economic growth.
Beneficiaries
The beneficiaries who are excluded from Kisan Samman Nidhi scheme are as follows:
- Farmers who are present or former post-holders of the Constitution
- Servicing or retired employees under the State or Central Government
- Employees working for different autonomous institutions under the government
- Retired people with a monthly pension above ₹10,000
- People belonging to professions such as engineers and doctors
- Income Tax payers of the previous assessment year
PM-Kisan Scheme E-KYC for Farmers
With the view of digitising this process, the government has made it mandatory for farmers under this scheme to get e-KYC. To ensure its success, the government put forth the condition to complete this process before February 10, 2023. They can efficiently complete it from the PM Kisan portal itself.
Eligible farmers can follow the steps below to complete their e-KYC process:
- Step 1: Visit the official website of PM Kisan
- Step 2: Move to the ‘Farmers Corner’ tab
- Step 3: Click on the ‘e-KYC’ option
- Step 4: Enter your Aadhaar number accurately
- Step 5: Click on the ‘Search’ button
- Step 6: Enter the OTP accurately to verify your details
- Step 7: Once done, click on the ‘Submit OTP’ button
Thus, your e-KYC process will get completed quickly in only a few clicks
Application Process for PM Kisan Nidhi Yojana
There are different ways in which eligible farmers can apply for the PM Kisan Nidhi scheme. These include the following:
- They can visit the nearest Common Service Centres (CSCs) to apply for this scheme. There they will have to fill in an application form, arrange the necessary documents and pay the fees to complete the process.
- They can approach village patwaris, revenue officials or other government offices offering registration under this scheme.
- Last but not least, they can complete the registration process themselves via the official portal of PM Kisan Samman Nidhi Yojana.
The mandatory details they will have to enter in an application form are name, contact details, age, gender, category, bank account number and Aadhaar number.
For this, they need to carry essential documents to avoid any mismatch or entry of incorrect data, which can lead to delays in receiving instalments.
PM Kisan Samman Nidhi Online Registration Process
The online registration process for PM Kisan Samman scheme is as follows:
- Step 1: Navigate to the official website at pmkisan.gov.in/
- Step 2: Click on “New Farmer Registration”
- Step 3: Enter your contact number and click on ‘Proceed’
- Step 4: Upload all essential documents
- Step 5: Click on the deposit key to cross-check the data
- Step 6: Finally, click on the ‘Apply’ button
Once done, keep a printed version of this document for future reference
Documents are Required for the PM Kisan Nidhi Yojana
- Age proof documents such as birth certificate
- Identity proof documents such as Aadhaar card, PAN card or driving licence
- Address proof documents like voter’s ID card, ration card
- Bank detail documents like passbook and other account details
- Nominee details such as their Aadhaar card or PAN card, or income details