Pradhan Mantri Kisan Samman Nidhi news: Prime Minister Narendra Modi released the 10th installment of financial benefit under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on 1st January 2022 via video conferencing. This enabled the transfer of an amount of more than Rs 20,000 crore to more than 10 crore beneficiary farmer families.

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During the programme, the Prime Minister also released an equity grant of more than Rs 14 crore to about 351 Farmer Producer Organizations (FPOs), which will benefit more than 1.24 lakh farmers. PM KISAN is a government scheme with 100 per cent funding from the Government of India. Started in December 1, 2018, the scheme promises an income support of Rs 6,000 per year in three equal installments to small and marginal farmer families, having combined landholding/ownership of up to 2 hectares. 

The Central Sector Scheme- Pradhan Mantri KIsan Samman Nidhi (PM-KISAN) to provide financial assistance of up to Rs 6,000 annually to small and marginalised farmers across the country.

The financial benefit of Rs 6,000 per year is to be released to the eligible farmers in three instalments of Rs 2,000 each every 4-month / trimester, i.e. April-July, August-November and December-March.

So, how many members in a family can claim the Pradhan Mantri KIsan Samman Nidhi benefit? Well, the Government has clearly mentioned that under the scheme an income support of Rs 6,000 per year in three equal installments will be provided to small and marginal farmer families having combined land holding/ownership of up to 2 hectares.

The definition of family for the scheme is husband, wife and minor children. State Government and UT administration will identify the farmer families which are eligible for support as per scheme guidelines. As per the rule of the scheme, only one member of the family can get its benefit and not both husband and wife.

The Scheme is being implemented through an Aadhaar linked electronic data base containing details of all members of the families of the farmers whose names appear in the land records

Who can’t avail the benefits?

The following categories of beneficiaries of higher economic status shall not be eligible for benefit under the scheme; All Institutional Land holders; and Farmer families in which one or more of its members belong to following categories:

1) Former and present holders of constitutional posts

2) Former and present Ministers / State Ministers and former / present Members of Lok Sabha / Rajya Sabha / State Legislative Assemblies / State Legislative Councils, former and present Mayors of Municipal Corporations, former and present Chairpersons of District Panchayats.

3) All serving or retired officers and employees of Central / State Government Ministries / Offices / Departments and their field units, Central or State PSEs and Attached offices / Autonomous Institutions under government as well as regular employees of the local bodies (excluding multi-tasking staff / Class IV / Group D employees)

4) All superannuated / retired pensioners whose monthly pension is Rs 10,000/- or more (excluding multi-tasking staff / Class IV / Group D employees)

5) All persons who paid Income Tax in last assessment year.

6) Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects registered with professional bodies and carrying out profession by undertaking practices.

In case of new beneficiaries being uploaded on the PM-KISAN Portal, all land holding farmers’ families who are non-resident Indians (NRIs) in terms of the provisions of the Income Tax Act, 1961 shall be excluded from any benefit under the Scheme.

The PM KISAN Yojana benefits 12 crore farmers across of the country. The PM KISAN Yojana provides financial assistance to farmers irrespective of the size of their land holdings. The scheme provides minimum income support up to Rs 6,000 to farmers across the country. The amount is directly transferred to the bank account of the farmers.