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Important Facts For Prelims

One Year of PM-KISAN

  • 25 Feb 2020
  • 2 min read

Why in News

The Ministry of Agriculture & Farmers’ Welfare observed the 1st anniversary of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme on 24th February.

  • The PM-KISAN was launched on February 24 in 2019.
  • All states are implementing the scheme, except West Bengal.
  • The PM-KISAN Mobile App developed and designed by the National Informatics Centre in collaboration with the Ministry of Electronics and Information Technology has been launched.
  • The farmers can view the status of their application, update or carry out corrections of their Aadhaar cards and also check the history of credits to their bank accounts.

PM-KISAN

  • Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a Central Sector Scheme with 100% funding from the Government of India.
  • It is being implemented by the Ministry of Agriculture and Farmer’s Welfare.
  • Under the scheme, the Centre transfers an amount of Rs 6,000 per year, in three equal instalments, directly into the bank accounts of the all landholding farmers irrespective of the size of their land holdings.
  • It intends to supplement the financial needs of the Small and Marginal Farmers (SMFs) in procuring various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income at the end of each crop cycle.
  • The entire responsibility of identification of beneficiary farmer families rests with the State / UT Governments.

Source: TH

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