PM Kisan

Subject: Schemes

Context:

An estimated ₹110 crore was fraudulently credited to the bank accounts of 5.5 lakh ineligible people in 13 districts of Tamil Nadu under the Pradhan Mantri Kisan SammanNidhi (PM-Kisan) Scheme

Concept:

• Pradhan MantriKisanSammanNidhi (PIV-KISAN) is a new Central Sector Scheme to provide income support to all landholding farmers’ families in the country to supplement their financial needs for procuring various inputs related to agriculture and allied activities as well as domestic needs.
• Under the Scheme, the entire financial liability towards transfer of benefit to targeted beneficiaries will be borne by Government of India.
• ln the beginning when the PM-Kisan Scheme was launched on February, 2019, its benefits were admissible only to Small & Marginal Farmers’families, with combined landholding upto 2 hectare.
• The Scheme was later on revised on 1 .6.2019 and extended to all farmer families irrespective of the size of their landholdings
• Under the PM-KISAN scheme, all landholding farmers’ families shall be provided the financial benefit of Rs.6000 per annum per family payable in three equal installments of Rs.2000 each, every four months.
• State Government and UT administration will identify the farmer families which are eligible for support as per scheme guidelines
• There are various Exclusion Categories for the scheme like institutional land holders.