Pradhan Mantri Kisan Samman Nidhi (PM-KISAN): A Golden Initiative by Indian Government
Author: Acharya Balkrishna, Hemant Sharma, Nidhi Sharma, Sakshi and Vedpriya Arya
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Abstract
India has 1.38 billion population and more than half of the populace are engaged in agriculture for their employment. To meet financial requirement of farmers to procure inputs for better crop health and productivity, Indian Government has launched Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in 2018. This review aims to study the implementation goals and benefits provided to the farmers under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme. All marginal and small landowners involved in agriculture and farm operations benefited from the scheme, as they are supported with Rs. 6000 per year to cover their agricultural needs. Interestingly, there is approximately 28.73% hike in the number of farmers benefitted under this scheme from 2018 to 2021-2022, and an amount of about Rs. 22,000 crores have been successfully transferred to the farmers’ bank account during Covid-19 lockdown. In addition, Rs 75,000 crores were distributed directly till August, 2020 without any commiss
Keywords
PM-KISAN, Beneficiaries, Mobile app, Marginal farmers.
Conclusion
PM-KISAN scheme provided the input and harvesting support to the agricultural land holder of different states and union territories. This might also defend them from deteriorating within side the clutches of moneylenders for meeting such charges and ensure their continuance in the farming activities. Easily accessible mobile application has been developed, farmer can collect all the information regarding the scheme using this app. The PM-KISAN, is launched in 2018, however there is need to arrange various open conference and training programme through which the land holder can get more useful information. The scheme is like a boon to farmers that somehow improved their situation. In the future, the government should boost its budget so that it can meet emerging needs of farmers.
References
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How to cite this article
Balkrishna, A., Sharma, H., Sharma, N., Sakshi and Arya, V. (2021). Pradhan Mantri Kisan Samman Nidhi (PM-KISAN): A Golden Initiative by Indian Government. Biological Forum – An International Journal, 13(2): 708-710.