Pradhan Mantri Kisan Samman Nidhi (PMKISAN, translation: Prime Minister's Farmer's Tribute Fund) is an initiative by the government of India that give farmers up to per year as minimum income support. The initiative was announced by Piyush Goyal during the 2019 Interim Union Budget of India on 1 February 2019. The scheme has cost per annum and came into effect December 2018.
History
The scheme was first conceived and implemented by Government of Telangana as the Rythu Bandhu scheme, where a certain amount is given directly to eligible farmers. The scheme has received accolades from various organisations for its successful implementation, including World Bank. Many economists suggest that this type of investment support is better than farm loan waivers. With the positive outcome of this scheme, Government of India wanted to implement it as nationwide project and it was announced by Piyush Goyal during the 2019 Interim Union Budget of India on 1 February 2019.
For 2018–2019, ₹20,000 crore was allocated under this scheme. On 24 February 2019, Narendra Modi launched the scheme in Gorakhpur, Uttar Pradesh, by transferring the first instalment of ₹2,000 each to over one crore farmers.
Ministry of Agriculture and Farmers Welfare has awarded the top-performing states, and districts under PM Kisan Samman Nidhi Yojana. In addition to PMKISAN, individuals can explore a wide range of government schemes aimed at providing financial assistance and support to farmers and other beneficiaries. It is based on the criteria such as correction of data, addressing farmer grievances, and timely physical verification exercise.
Statistics + Number of beneficiaries benefitted under PM-KISAN during 18th instalment (August 2024-November 2024) Serial No State No of Beneficiaries 1 ANDAMAN AND NICOBAR ISLANDS 12,832 2 ANDHRA PRADESH 41,22,499 3 ASSAM 18,87,562 4 BIHAR 75,81,009 5 CHANDIGARH - 6 CHHATTISGARH 25,07,735 7 DELHI 10,829 8 GOA 6,333 9 GUJARAT 49,12,366 10 HARYANA 15,99,844 11 HIMACHAL PRADESH 8,17,537 12 JAMMU AND KASHMIR 8,58,630 13 JHARKHAND 19,97,366 14 KARNATAKA 43,48,125 15 KERALA 28,15,211 16 LADAKH 18,207 17 LAKSHADWEEP 2,198 18 MADHYA PRADESH 81,37,378 19 MAHARASHTRA 91,43,515 20 MANIPUR 85,932 21 MEGHALAYA 1,50,413 22 MIZORAM 1,10,960 23 NAGALAND 1,71,920 24 ODISHA 31,50,640 25 PUDUCHERRY 8,033 26 PUNJAB 9,26,106 27 RAJASTHAN 70,32,020 28 SIKKIM 28,103 29 TAMIL NADU 21,94,651 30 TELANGANA 30,77,426 31 THE DADRA AND NAGAR HAVELI AND DAMAN AND DIU 11,587 32 TRIPURA 2,29,362 33 UTTAR PRADESH 2,25,78,654 34 UTTARAKHAND 7,96,973 35 WEST BENGAL 45,03,158 36 Grand Total 9,59,25,578
Comparison with similar schemes +AspectPM-KisanRythu BandhuAnnadatha SukhibhavaKALIA schemeStarted byUnion Government of IndiaTelangana GovernmentAndhra Pradesh GovernmentOdisha GovernmentEstablish DateUnitPer familyPer acre of landPer familyPer familyNumber of beneficiariesApproximately 120 millionApproximately 6 millionApproximately 7 million6 million familiesAssistance₹ 6,000 per year in three installments₹ 10,000 per year per acre in two installments₹9,000 extra in addition to PM Kisan benefit, ₹15,000 for non-beneficiaries of PM Kisan₹5,000 per farm family over five seasonsExclusionLast year Income Tax Payers,
Civil Servants with High IncomeNo exclusionNo exclusionNo exclusionCapSmall and marginal farmers Up to 2 hectaresLand holding of 51 acres agriculture land and 21 acres of dry landNo capSmall and marginal farmers Up to 2 hectaresEligibilityLandowners onlyLandowners OnlyLandowners and tenant cultivatorsLandowners and tenant cultivatorsTenant farmersNot coveredNot coveredCoveredCoveredAnnual budget₹ 700 billion₹ 120 billion₹ 50 billion₹ 40 billion
See also Agriculture in India Agricultural insurance in India Irrigation in India Rashtriya Krishi Vikas Yojana
References