Pradhan Mantri Kisan Samman Nidhi being launched for augmenting income of farmers

Speed Post News Network

New Delhi : To provide an assured income support to the small and marginal farmers, the Government is launching the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN). Under this programme, vulnerable landholding farmer families having cultivable land up to 2 hectares, will be provided direct income support at the rate of Rs 6,000 per year. This income support will be transferred directly into the bank accounts of beneficiary farmers in three equal instalments of Rs 2,000 each. This programme will be funded by Government of India.

Around 12 crore small and marginal farmer families are expected to benefit from this. It will entail an annual expenditure of Rs 75,000 crore. PM-KISAN would not only provide assured supplemental income to the most vulnerable farmer families, but would also meet their emergent needs especially before the harvest season.

A small and marginal landholder farmer family for the purpose of the calculation of the benefit is defined as “a family comprising husband, wife and minor children (up to 18 years of age) who collectively own cultivable land up to 2 hectare as per land records of the concerned State/UT.

The existing land-ownership system in the concerned States/UTs will be used for identification of beneficiaries. Those whose names appear in land records as on February 1, 2019, are eligible for benefit. If a Landholder Farmer Family (LFF) has land parcels spread across different village/revenue records, then land will be pooled for determining the benefit. The State/UT Governments have been requested to complete updation of land records for the purpose expeditiously.

The benefit shall be transferred by Government of India to the bank account of the beneficiaries through State Notional Account. For transfer of benefit, District-wise beneficiaries lists shall be certified and uploaded by the States/UTs on the PM-KISAN Portal of Government of India (GOI) and the funds will be electronically transferred to the beneficiary’s bank account by Gol through State Notional Account on a pattern similar to MNREGS.  The States shall also notify District Level Grievance Redressal Committees for redressing all grievances related to implementation of the scheme.

Secretary, Ministry of Agriculture & Farmers Welfare, Sanjay Agarwal has requested State/UT Govts to immediately initiate the work of identification of beneficiaries and uploading the relevant data for release of funds by the GOI into the bank accounts of eligible farmer families. He has requested the Chief Secretaries to personally monitor the progress of implementation and do periodic reviews at their level for effective implementation, according to a PIB release.