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PM-KISAN

2 min read
NABARD ARDNABARD Grade AState AAO
In one line

Recent Updates on PM-KISAN

  • Launch and Objective
    • Was launched by the Prime Minister in February 2019 to supplement the financial needs of land-holding farmers.
  • Ministry
    • Ministry of Agriculture and Farmers Welfare
  • Funding and Implementation
    • PM-KISAN is a Centrally Sponsored Scheme with full funding from the Centre to the State, the ministry for implementing this is the Ministry of Agriculture and Farmers Welfare.
  • Features
    • Financial benefit of Rs 6,000/- per year in three equal instalments every four months.
  • Direct Benefit Transfer (DBT)
    • Transfers benefits into bank accounts of farmers’ families across the country through Direct Benefit Transfer (DBT) mode.
  • Scale of the Scheme
    • One of the largest DBT Schemes of the World.
  • Farmer-Centric Infrastructure
    • Farmer-centric digital infrastructure ensures that the benefits reach all farmers in the country.
  • Verification and Transfer Process
    • Benefits are transferred to beneficiaries through DBT mode based on verified data from the PM-KISAN portal.
  • Technological Interventions
    • Technological interventions introduced to address ineligibility, including integration with PFMS, UIDAI, and the Income Tax Department.

Other Features

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More on this exam

  • Krishi Sakhis
    • Krishi Sakhis are the practicing farmers and trained para extension professional in agriculture at grass root level.
    • This is part of the certificate distribution to more than 30,000 women from Self Help Groups (SHGs) as Krishi Sakhis.
  • Krishi Sakhi Training Program
    • This is the convergence program of Krishi Sakhi Training Program, they will be trained along with certification for Krishi Sakhis as “Para-extension Workers.”
  • Per initial targets
    • 2019-20 beneficiaries were estimated to be at 14.5 crore; estimated expenditure for each year ₹87,217.5 crores.
  • Actual performance
    • It never exceeded ₹70,000 crores yearly. The number of beneficiaries reached 9.59 crore by October 2024 which is much below the actual target of 14.5 crore.
  • Funding Trends
    • Allocations for 2019-20 and 2020-21: ₹75,000 crore each.
  • Beneficiary Trends
    • Total beneficiaries: 9.59 crore, Scheduled Castes: 12%, Scheduled Tribes: 9%, Women: 20% among SCs and others, 29% among STs.
  • State-Wise Distribution Trends
    • Disbursements and beneficiary counts have fluctuated across states, with states with significant agricultural activity witnessing a decline in beneficiaries and payouts.
  • Issues and Suggestions
    • Omitting tenant farmers from the coverage despite demands for expansion, underutilization of funds, and demand for higher payout.
  • Suggestions
    • Increase payout, promote resource efficiency, improve beneficiary inclusion, enhance transparency, and focus on state-level discrepancies.
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