Pradhan Mantri Kisan Samman Nidhi Yojana completes 4 years

Tags: Government Schemes National News

On February 24, 2023, the Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) completed 4 years.

About Prime Minister Kisan Samman Nidhi (PM-Kisan)

• It was launched by Prime Minister Modi on February 24, 2019 to meet the financial needs of land holding farmers.

• Under this scheme a financial benefit of Rs 6000 per year in three equal instalments is transferred every four months to the bank accounts of farmer families across the country through Direct Benefit Transfer (DBT) mode.

• It is a Central Sector Scheme with 100 per cent funding by the Government of India.

• It is being implemented by the Ministry of Agriculture and Farmers Welfare.

• So far eligible farmer families have received benefits of more than Rs 2 lakh crore in 12 instalments under PM-Kisan.