5 Best reasons why Kisan Nidhi Yojana is a game changer for farmers

Kisan Nidhi Yojana

Kisan Nidhi Yojana The Indian government's PM Kisan Samman Nidhi Yojana is more than just a scheme; it is a lifeline for millions of farmers nationwide. This program, which has its roots in the ground, seeks to give small and marginal farmers direct income support in order to secure their well-being and financial stability. We will examine the PM kisan Nidhi Yojana's history, goals, advantages, and the detailed procedure for farmers to sign up and utilise the program in this extensive tutorial.

What is PM Kisan Samman Nidhi Yojana?

The Indian government introduced the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) Scheme in February 2019. It was first motivated by the successful execution of Telangana's Rythu Bandhu initiative, which gave qualifying marginal farmers a set sum of money directly to boost their farming operations. 
The central government made the decision to expand the Rythu Bandhu project nationally in order to assist farmers in all states and union territories after realising its beneficial effects. PM-Kisan's primary goal is to help small and marginal farmers meet their financial needs and secure a steady income by offering them direct income support. In accordance with the Kisan Nidhi Yojana Scheme, qualified farmers are given INR 6,000 per year in three equal payments of INR 2,000 each. By crediting the beneficiaries' bank accounts directly, these payments do away with middlemen and guarantee effective and transparent fund distribution. 

Important Details of PM Kisan Samman Nidhi Scheme

The table below lists the key features of the PM Kisan Samman Nidhi Scheme. 

Launch date24th February 2019
Launched byMinistry of Agriculture and Farmers Welfare
Beneficiary Small and Marginal Farmers (SMFs)
Benefits INR 6000 every year credited to farmers in 3 instalments 
Instalment structure April to July: INR 2000
August to November: INR 2000
December to March: INR 2000
KYC date deadlineBefore 10th February 2023, https://pmkisan.gov.in/. 
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  • Objectives of PM Kisan Samman Nidhi Scheme
  • provide all small and marginal farmers and their dependents with income support.
  • giving farmers extra financial assistance so they may buy various inputs, take care of their crops, and get yields that are appropriate for their anticipated farming revenue.
  • With an estimated cost of INR 87,217.50 crores, the scheme's coverage is intended to be expanded to around 14.5 crore additional beneficiaries.

Advantages of the PM KISAN Scheme

  • The following rewards are yours if you meet the requirements set forth by the Indian government for the PM Kisan Samman Nidhi Scheme: 
  • Direct income support: To sustain their agricultural endeavours, farmers receive a consistent revenue stream of INR 6,000 year, which is sent to them in three equal payments. 
  • Improved livelihood: The program assists farmers in covering their costs, acquiring essential inputs, and increasing productivity, all of which contribute to better livelihoods. 
  • Debt relief: Farmers can lessen their reliance on high-interest loans and, as a result, their debt load, by receiving consistent income support. 
  • Disbursement of funds in a transparent manner: Direct credit to beneficiaries' bank accounts guarantees transparency and lowers the possibility of benefit syphoning by intermediaries.
  • Rural economy boosts: Farmers who are more financially stable are able to spend more on agriculture, which benefits the rural economy. 
  • Investment in agricultural activities: By encouraging farmers to make investments in contemporary farming methods, the program raises yields and productivity. 
  • Poverty alleviation: The program helps to lower poverty and raise living standards in rural areas by giving a steady income. 
  • Enhanced food production: In order to promote food security and self-sufficiency, the program seeks to increase the nation's food output. 
  • digitises the records of farmers: The PM Kisan Samman Nidhi Scheme makes sure that all farmer records are digitally accessible and usable for other 
  • welfare programs. With this program, the Indian government is taking a step towards modernising agriculture.
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Eligible Candidates for PM Kisan Samman Nidhi Scheme

You must meet the following eligibility requirements in order to get financial assistance from the PM Kisan Samman Nidhi Scheme: 

  • The program is available to farmers who own land. 
  • Only agricultural uses are permitted on the farmland. 
  • The farmer must be classified as a small or marginal farmer. 
  • In light of the prior assessment year, the farmer and their family cannot be taxpayers.

PM Kisan Nidhi Yojana Registration Online Process 

  • Copy and paste the following URL into your browser to access the official PM Kisan website: PMKisan.gov.in:// 
  • Click on the New Farmer Registration option after navigating to the Farmers Corner part of the website. 
  • A registration form will show up on the following page. From the list of available languages, select your favourite. 
  • Choose between being an urban or rural farmer. 
  • Enter both your mobile number and your Aadhaar number. 
  • Select your state from the list that is presented. 
  • As shown, enter the Captcha.
  • Press the button labelled  Get OTP. After the OTP-based verification is finished, you will be prompted to enter further information in a new form. 
  • After completing all the necessary fields, select  Save. 
  • After a nodal officer has successfully verified your information, your name will be added to the PM Kisan beneficiary list.

PM Kisan Nidhi Yojana Registration Offline Process 

People are encouraged to attend the common service centres (CSCs) that are closest to them in order to finish the offline PM Kisan scheme registration process. It is crucial to make sure that all of the information and paperwork needed for PM Kisan registration are easily accessible. Before adding the applicant's name to the PM Kisan beneficiary list, a nodal officer would thoroughly check the information submitted, just like in the online application procedure.

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Essential Documents Required for PM Kisan Samman Nidhi Scheme

The following paperwork is required if you are a marginal or small farmer wishing to apply for the PM Kisan Samman Nidhi Scheme

  • evidence of age, like a birth certificate. 
  • documentation proving identity, such as a driver's license, PAN card, or Aadhaar card. 
  • proof of address, like a ration card or voter ID card. 
  • documents containing bank account information, such as a passbook. 
  • Information about the nominee, such as their income, PAN card, or Aadhaar card.

How to Register a Complaint on the PM Kisan Portal? For a seamless complaint filing 

process on the PM Kisan portal, adhere to the following steps: 

  • Go to PM Kisan's official webpage. the 
  • Go to the homepage's "Farmer's Corner" section. 
  • Seek out the complaint filing option. 
  • On the next page, you will be asked to input your PM Kisan Registration Number. Your registered cellphone number will receive an OTP (One-Time Password) as a result of this. 
  • Use the OTP to confirm your identity after you've received it. 
  • You can file a complaint once the verification process is complete.

How to Check PM Kisan Samman Nidhi Scheme Application Status?

  • Go to the PM Kisan Samman Nidhi Scheme's official website at pmkisan.gov.in. 
  • Locate the  Farmers Corner menu on the right after scrolling down. 
  • Select the  Know Your Status option from the menu. 
  • To see your status, enter your registration number and the captcha code. 
  • To retrieve the findings, tap  Get Data. 
  • The status of your application will be shown on the screen.

How to Check PM Kisan Samman Nidhi Scheme Beneficiary List

  • Go to pmkisan.gov.in, the PM Kisan Samman Nidhi Scheme's official website. 
  • Go to the section labelled "Farmers Corner." 
  • Select the "Beneficiary List" option. 
  • Put in your block, village, state, district, and sub-district. 
  • The "Get Report" button should be clicked. 
  • The screen will reveal your report.
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What are PM Kisan's 15th Installment Dates?

The government has formally declared that November 31, 2023, will be the date of PM Kisan's fifteenth instalment for 2023. It's crucial to remember that by November 31, 2023, all payments under this plan will be made.

Conclusion

India's small and marginal farmers are to be uplifted by the revolutionary Kisan Nidhi Yojana. The program has lessened economic problems and encouraged agricultural expansion through its direct cash assistance. Despite obstacles, ongoing government initiatives guarantee its wider application and efficacy. In order to safeguard their financial future and support India's agricultural development, farmers are urged to join and take advantage of the program's benefits.

Frequently Asked Questions

Official state government records, such as property deeds or land revenue, are used to confirm land ownership.

It is true that women farmers who own land can apply for and profit from the program.

It is true that women farmers who own land can apply for and profit from the program.

Giving inaccurate or misleading information could lead to the application being denied or, if discovered later, the refund of the money obtained.

Since Kisan Nidhi Yojana is a type of government subsidy, the money collected under it is not taxable.

To guarantee precise and prompt identification of eligible beneficiaries, state administrations typically update land records once a year.