PM to visit Varanasi, release 17th PM-Kisan instalment

  • June 17, 2024
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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PM to visit Varanasi, release 17th PM-Kisan instalment

Sub: Schemes

Context:

  • Prime Minister Narendra Modi will visit Varanasi and he will release the 17th instalment of the PM-Kisan Samman Nidhi, distributing over ₹20,000 crore to 92.6 million farmers.
  • The event will be held at Mehndiganj, Sevapuri, where Modi will also award certificates to over 30,000 ‘Krishi Sakhis,’ self-help group members trained to assist other farmers.

PM- Kisan Samman Nidhi:

  • PM Kisan Samman Nidhi (PM KISAN Yojana) is a Central Sector Scheme which aims at providing financial assistance to all cultivable land holding farmer families across the country, subject to certain exclusion criteria.
  • It is a Central Sector Direct Benefit Transfer (DBT) Scheme.
  • Objectives of PM Kisan Samman Nidhi
    • To Boost Small and Marginal Farmers’ Income: In the ongoing fiscal year, the government has introduced a new Central Sector Scheme designed to enhance the income of Small and Marginal Farmers (SMFs).
    • To address financial inclusion: The PM KISAN scheme is geared towards addressing the financial requirements of SMFs, facilitating the procurement of essential inputs for optimal crop health and yields.
    • Ensuring Sustainable Farming Income: The primary objective of PM KISAN is to safeguard SMFs from resorting to moneylenders to meet agricultural expenses, thereby ensuring their sustained engagement in farming activities.

Features of PM KISAN Samman Nidhi 

  • Scope and Scale- The PM Kisan Samman Nidhi Yojana is poised to benefit a substantial 12 crore small and marginal farmers. The program boasts an impressive annual budgetary allocation of Rs 75,000 crore.
  • Direct benefit transfer to individuals- Each PM KISAN beneficiary is entitled to receive the allocated amount directly into their bank account. The disbursement is structured in three tranches, with each tranche amounting to Rs 2,000. Direct transfer eliminates discrepancies and middleman.
  • Ensured Income- The prime aim of PM KISAN is to ensure that farmers receive a minimum income. Eligible farming families get Rs. 6,000 in three equal parts every four months.
  • Utlization of funds as per their requirement- Beneficiaries of PM KISAN have the freedom to use the money they receive from the scheme. They can use it for various needs. There is full autonomy in their spending decisions.
  • All funds from the Central Government- All the funds for the PM KISAN program come from the central government. Initially, the program was allocated a reserve of Rs. 75,000 crore per year, with direct transfers made through Direct Benefit Transfer (DBT) to the bank accounts of beneficiaries.
  • Participation of States- Identifying the beneficiaries is the responsibility of the State and Union Territory administrations, while the Government of India takes charge of providing the necessary funding.
    • To qualify for the program, a farmer family should include a husband, wife, and minor child or children, as determined by these governments.
  • Mandatory Aadhaar Requirement- To avail the benefit of this scheme, it is essential to provide Aadhaar data as a compulsory prerequisite beneficiaries who don’t have AADHAR data can enroll themselves from nearest CSC centre.
  • Self-Registration Mechanism- Beneficiaries can use  PM KISAN mobile App a mobile app and can register themselves in Common Service Centers, the scheme introduces a convenient self-registration mechanism for beneficiaries.
  • Centralized Call Center Support- A dedicated centralized call center has been set up to assist beneficiaries, addressing issues encountered during registration or any other grievances they may have.
  • Annual Physical Verification Requirement- Ensuring scheme authenticity, a mandatory annual physical verification is conducted for 5% of beneficiaries, contributing to the robustness of the verification process.

According to Guidelines of PM KISAN Scheme Following Category of Persons Are Not Eligible to Avail Benefit If Scheme.

  • Person holding or retired from the constitutional posts.
  • Former and present Ministers/State Ministers.
  • Former or present members of LokSabha/ RajyaSabha/ State Legislative Assemblies/ State Legislative Councils
  • Former and present Mayors of Municipal Corporations
  • Former and present Chairpersons of District Panchayats.
  • Any serving or retired officers as well as employees under the Central/ State Government Ministries / Offices / Departments.
  • All retired pensioners who get a monthly pension of Rs.10,000/-or more and belong to the above category.
  • Any individual who paid their income tax in the last assessment year is not eligible under this scheme.
  • Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects registered with Professional bodies.

Source: TH

PM to visit Varanasi Schemes