Relief to farmers – Pradhan Mantri Kisan Yojana

7 Feb 2019

Image depicting Protest against farm laws heat up in Haryana

Relief to farmers – Pradhan Mantri Kisan Yojana

In the interim budget 2019, Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) was announced. The scheme aims to address the financial crisis of farmers, who suffer due to adverse weather and weak prices and is expected to benefit 120 million farmers.

Agriculture Minister Radha Mohan Singh wrote to Chief Ministers of all states for their support in the effective and speedy implementation of PM-KISAN scheme.

PM-KISAN, a farm income support scheme, was announced in the interim budget 2019.
 	Small and Marginal farmers having cultivable land up-to two hectares will be provided income support of Rs. 6,000 per year, under the scheme.
 	This money will be transferred directly to the beneficiary’s bank account in three instalments of Rs. 2000.
 	The first instalment of Rs 2,000 per farmer would be credited to bank accounts by March 31, 2019.
 	The selection of small farmer families has to be done by the State Governments. The necessary details such as bank accounts are to be provided on the online portal called PM-KISAN portal.

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In the interim budget 2019, Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) was announced. The scheme aims to address the financial crisis of farmers, who suffer […]

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