PM KISAN BENEFITS
https://pmkisan.gov.in/beneficiarystatus_new.aspxThe PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) scheme is a government initiative in India that provides financial support to farmers. Here are the key benefits:
Key Benefits of PM-KISAN:
1. Direct Income Support:
Eligible farmers receive ₹6,000 per year in three equal installments of ₹2,000 each.
The money is directly transferred to the farmer’s bank account via DBT (Direct Benefit Transfer).
2. Coverage:
Initially, only small and marginal farmers were eligible, but now it covers all landholding farmers (subject to certain exclusions).
3. Financial Inclusion:
Helps ensure farmers have some steady income, especially helpful during sowing and harvesting seasons.
4. No Middlemen:
Direct bank transfer reduces corruption and ensures that the entire amount reaches the beneficiary.
5. Boosts Rural Economy:
Provides liquidity in the hands of farmers which can stimulate rural demand and economic activity.
6. Support During Crisis:
Acts as a cushion for farmers during natural calamities, crop failures, or economic stress.
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