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PM Kisan Samman Nidhi Yojana: Farmers to now get Rs 36k yearly instead of Rs 6k

By Saima Siddiqui 
Updated Date

New Delhi: The Pradhan Mantri Kisan Samman Nidhi Yojana, better known as PM Kisan scheme, under which marginal farmers were till now getting only Rs 6000 per year, will from now onwards get additional Rs 3000 every month.

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Notably, this new benefit comes for PM KISAN Samman Nidhi Yojana beneficiaries under PM Kisan Man Dhan Yojana. Under this scheme, they can get Rs 36,000 a year in 12 monthly installments of Rs 3,000 per month.

It must be noted that the PM Kisan Man Dhan Yojana is valid for those farmers who have registered themselves under the Pradhan Mantri Kisan Samman Nidhi Yojana. Following this the registered farmers will be able to get Rs 36,000 a year in equal monthly installments once they retire.

Under the current scheme, the promised amount is given in three equal instalments of ₹ 2,000 each after every four months to small and marginal farmers.

The scheme was specially launched to benefit small and marginal farmers, it is all the more interesting to note that according to the provisional numbers of the 10th agriculture census 2015-16, Uttar Pradesh and Bihar are the two states which account for the largest number of operational holdings or in other words, have the largest number of small and marginal farmers.

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Small and marginal farmers with less than two hectares of land account for 86.2 per cent of all the farmers of the country, according to the agriculture census of 2015-16.

Under the PM Kisan scheme, the definition of a family of a small and marginal farmer includes husband, wife and minor children.

The states also have to identify the beneficiary farmer families as per the eligibility criteria of the PM Kisan scheme.

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