Pradhan Mantri Kisan Samman Nidhi – Government Schemes PDFs

Hello and welcome to exampundit. As a part of our Government Schemes PDFs Series, today we are sharing the PDF on Pradhan Mantri Kisan Samman Nidhi. This is important for all Bank PO, Clerk and Competitive Exams.

So, here is the detailed scheme. We will be sharing the PDF once the Scheme is Officially Launched.

Pradhan Mantri Kisan Samman Nidhi

Piyush Goyal announced the Pradhan Mantri Kisan Samman Nidhi Scheme in the Interim Budget 2019. This scheme will benefit about 12 crore small and marginal farmers in India.

Pradhan Mantri Kisan Samman Nidhi scheme will cost ₹75,000 crore per annum. There are 12.56 crore marginal and small farmers having less than 2 hectares (5 acre) holdings.

Pradhan Mantri Kisan Samman Nidhi is a modification of the Rythu Bandhu scheme of the Telangana government, which provides assistance on a per-acre basis (Rs 8,000 per acre per year) without any holding size limit.

Pradhan Mantri Kisan Samman Nidhi in Brief

Launch Year  Effective from December 2018
Scheme Outlay  ₹75000 crore per year
Minimum Income Support  ₹6000 per year / ₹2000 thrice a year
Contribution  100% Central Government Sponsored
Eligibility   less than 2 hectares or 4.9 acres of land

 

Highlights of Pradhan Mantri Kisan Samman Nidhi

All the small and marginal farmers of India who have less than 2 hectares or 4.9 acres of land will be eligible for this scheme.

The Eligible farmers will get ₹6000 per year as minimum income support.

And, the amount will be transferred directly to bank accounts of farmers in three equal installments.

Also, Government has announced to spend ₹75000 crore per annum on this scheme.

The programme will be funded 100 per cent by the Central government.

Also, this scheme comes into effect from December, 2018.

 

Check out the other Government Schemes PDFs from here

 

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Team Exampundit

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