PM-KISAN Yojana

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Schemes & Policies

Pradeep Kumar

20/03/21 09:20 AM IST

PM-KISAN Yojana

Why in news?

Implementation of the scheme in various states are being updated

Highlights

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.
The first instalment for the period 1.12.2018 to 31.03.2019 is to be provided in the financial year itself.
There are various Exclusion Categories for the scheme.

Process

PM-KISAN is a continuous and ongoing Scheme, in which the financial benefits are transferred to the bank accounts of the identified beneficiaries as and when their correct and verified data is uploaded by the concerned States/UTs on PM-KISAN web-portal.
The data of beneficiaries so uploaded by them undergoes a multi-level verification and validation by various concerned agencies, including the banks, and only then the amount is released into the bank accounts of the beneficiaries.

Source: PIB

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Learn bits

Pradeep Kumar

PM-KISAN Yojana

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