PM-KISAN

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Schemes & Policies

Pradeep Kumar

14/05/21 09:20 AM IST

PM-KISAN

In news

PM to release 8th instalment of financial benefit under PM-KISAN on 14th May

Significance

This will enable the transfer of more than Rs. 19,000 crores to more than 9.5 crores beneficiary farmer families.
Prime Minister will also interact with farmer beneficiaries during the event.

About the scheme

PM Kisan is a Central Sector scheme with 100% funding from Government of India.
It has become operational from 1.12.2018.
Under the scheme an income support of 6,000/- per year in three equal installments will be provided to small and marginal farmer families having combined land holding/ownership of upto 2 hectares.
Definition of family for the scheme is husband, wife and minor children.
State Government and UT administration will identify the farmer families which are eligible for support as per scheme guidelines.
The fund will be directly transferred to the bank accounts of the beneficiaries.

Source: PIB

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Learn bits

Pradeep Kumar

PM-KISAN

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