PM-KISAN

PM KISAN Scheme Overview
Credit: The Hindu
  • 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
  • Financial Benefit
    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.
  • Disbursements So Far
    Over Rs 3.46 lakh Cr has been disbursed in 18 instalments so far.
  • 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.
  • Recovery from Ineligible Beneficiaries
    A total of Rs. 335 Cr. has been recovered from ineligible beneficiaries.

Recent updates on PM-KISAN

  • The PM-KISAN transfers through direct benefit transfer, more than 20,000 crore rupees for 9.26 crore beneficiary farmers.
  • Continued Rs. 3.04 lakh crore under PM-KISAN, with more than Rs. 11 crore eligible farmer families.
  • This is part of the certificate distribution to more than 30,000 women from Self Help Groups (SHGs) as Krishi Sakhis.
  • This is the convergence program of Krishi Sakhi Training Program; they will be trained along with certification for Krishi Sakhis as “Para-extension Workers.”
  • 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.
  • New scheme “Lakhpati Didi” to create Two crore “lakhpati didis” in villages.
  • Training and skills related to earning more than Rs 1 lakh a year will be taught to women. Some of the skills are drones for agriculture, making LED bulbs, and plumbing.

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