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PM Kisan Samman Nidhi Yojana

  • Posted By
    10Pointer
  • Categories
    Economy
  • Published
    9th Dec, 2020
  • The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KisanYojana) is a central sector scheme.
  • It aims for the families of farmers across the country.

What are its features?

  • The scheme was started in 2018.
  • The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KisanYojana) is a central sector scheme.
  • It aims for the families of farmers across the country.
  • The scheme defines family as husband, wife and minor children.
  • The scheme provides Rs 2,000 each in three installments for every four months to the farmer families.
  • The entire identification of the family rests with the state and Union Territory governments.

How it is helpful in promoting digital economy and inclusivity?

  • The fund is directly transferred to the bank accounts of the beneficiaries.
  • It also supports the vision of doubling of farmer’s income.
  • The government has also set up Common Service Centres (CSCs) to help with the registration for the farmers.

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