Categories
Economics

PM Kisan Scheme

In the past three years, the number of beneficiaries of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) plan has decreased by 67% (from roughly 11.8 cr to about 3.8 cr).

Reasons

  • The States were still in charge of keeping the beneficiaries’ data.
  • The Scheme makes considerable use of digital technologies to confirm a farmer’s eligibility.
  • The data of farmers so uploaded by States goes through numerous validations, through the portals of UIDAI, PFMS, Income Tax Portal, and NPCI. The data of farmers so uploaded by States goes through several validations, through the portals of UIDAI, PFMS, Income Tax Portal, and NPCI.

PM-KISAN

  • All small and marginal farmers will receive up to Rs 6,000 per year as minimum income support under the PM-KISAN Yojana, a government programme. It is a Central Sector programme that receives full support from the GoI. It started operating on December 1st, 2018.
  • All landholding farmer households would receive a financial benefit of Rs. 6000 annually, payable in three equal instalments of Rs. 2000 each, every four months, under the PM-KISAN scheme.
  • According to the plan, a family consists of a husband, wife, and any minor children.
  • In accordance with the requirements of the scheme, the State Government and UT administration will identify the farming families that are qualified for support.
  • The beneficiaries’ bank accounts will receive a direct deposit of the money.
  • Note that using Aadhaar is no longer required to receive the first instalment (December 2018 – March 2019). However, it is now required.

Eligibility

Higher economic status beneficiaries in the following groups are not eligible for benefits under the programme.

Farmer families that belong to one or more of the following categories:

  • Former and current constitutional officeholders
  • Previous and current members of the Lok Sabha, Rajya Sabha, state legislatures, and state legislative councils; former and current mayors of municipal corporations; former and current district panchayat chairpersons.
  • All officers and workers of Central/State Government Ministries, whether currently employed or retired
  • All superannuated or retired pensioners receiving a monthly pension of at least Rs. 10,000. (Excluding Class IV/Group D personnel and Multi-Tasking Staff) of the aforementioned categories
  • People who paid income tax in the most recent assessment year, including everyone who did so; 
  • People who are registered with professional organisations like doctors, engineers, lawyers, Chartered Accountants, and architects.
Source—https://pmkisan.gov.in/
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