Socio-economic and Personal Characteristics of the Beneficiaries under PM-KISAN Samman Nidhi Scheme

Author: Rishabh Singh Gaur, A.K. Paswan, Biswajit Mallick and Ramesh C. Bunkar

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Abstract

The PM-KISAN Samman Nidhi Scheme was introduced by the central government in December 2018 to assist farmers in purchasing various agricultural products. From February 2019, the eligible farmers were receiving assistance of rupees 6000 per year in three payment mode of 2000 rupees in each installment. 120 PM-KISAN recipients were selected from Kanpur Dehat district of Uttar Pradesh for the research. Primarily socio-economic and personal characteristic of each respondent was considered for the study. According to the study, the majority of respondents (61.66%) belonged to the older age group, were functionally illiterate (30.83%), belonged to other backward caste (45%), had small families (87.50%) and small land holdings (45.00%). They were also members of only one organization (38.33%) and had medium levels of annual income (65.83%) and farming experience (57.5%). The results also showed that most respondents have a moderate level of risk aversion, economic drive, scientific orientation, and innovativeness. Overall, scheme is successful in the study locale though respondents were suggested for annual revision of installments.

Keywords

Farmers, Personal Characteristics, PM-KISAN, Scheme, Socio-Economic

Conclusion

PM-KISAN is a central sponsored scheme popularized to fulfill the financial need of Indian famers. The above study tried to find out the socio-economic profile of the farmers in selected study locale. Overall findings of the study stated that, the majority of respondents in the older age group who were functionally literate belonged to the OBC (Other Backward Caste), whereas the majority of beneficiaries had tiny families, little land, and had small families. The survey also revealed that the majority of respondents belonged to only one organization, earned a moderate yearly family income, and had a moderate amount of agricultural experience. The study's findings also showed that the majority of respondents have a moderate level of risk aversion, economic drive, scientific orientation, and innovativeness. The empirical findings of the study can produce helping hands for the future researchers, reviewers, policymakers to study impact of the similar type of research.

References

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How to cite this article

Rishabh Singh Gaur, A.K. Paswan, Biswajit Mallick and Ramesh C. Bunkar (2023). Socio-economic and Personal Characteristics of the Beneficiaries under PM-KISAN Samman Nidhi Scheme. Biological Forum – An International Journal, 15(10): 473-477.