Prime Minister Narendra Modi kickstarted his third term in office by signing off on the release of the 17th installment of PM Kisan Nidhi, a scheme aimed at benefiting 9.3 crore farmers and distributing Rs 20,000 crore. PM Modi emphasized his government's commitment to farmer welfare and expressed his desire to keep working towards their betterment. The previous two terms of his leadership have seen the implementation of various initiatives like Ayushman Bharat, Housing for All, and Make in India.
PM Kisan Nidhi: Empowering India's Farmers
Prime Minister Narendra Modi's third term in office has commenced with a significant announcement: the release of the 17th installment of the PM Kisan Nidhi scheme. This initiative, launched in December 2018, aims to provide financial support to India's farmers, who form the backbone of the country's agricultural sector.
Background:
The PM Kisan Nidhi scheme was introduced as part of the government's "Pradhan Mantri Kisan Samman Nidhi" (PM-KISAN) program. The program is aimed at providing income support to all eligible farmers in the country, regardless of their landholding size.
Eligibility:
To be eligible for PM Kisan Nidhi, farmers must meet the following criteria:
Benefits:
Under the PM Kisan Nidhi scheme, eligible farmers receive a financial benefit of Rs. 6,000 per year, disbursed in three installments of Rs. 2,000 each. The funds are transferred directly to the farmers' bank accounts through the Public Financial Management System (PFMS).
Impact:
Since its launch, PM Kisan Nidhi has had a positive impact on the lives of millions of farmers across India. The financial assistance has helped them meet their agricultural expenses, invest in better farming practices, and improve their overall livelihoods.
Past Initiatives for Farmers:
The PM Kisan Nidhi scheme is part of a series of initiatives implemented by the Modi government to support farmers. Other notable initiatives include:
Top 5 FAQs and Answers:
1. When will the 17th installment of PM Kisan Nidhi be disbursed? Answer: The 17th installment is expected to be disbursed in October 2022.
2. How can I check my eligibility for PM Kisan Nidhi? Answer: You can check your eligibility by visiting the official PM-KISAN website (https://pmkisan.gov.in/) and entering your Aadhar card number or account number.
3. How can I apply for PM Kisan Nidhi? Answer: Farmers who are eligible but have not yet applied for the scheme can visit their local revenue office or agricultural extension center to submit an application form.
4. What is the maximum limit that can be received under PM Kisan Nidhi? Answer: The maximum limit under the PM Kisan Nidhi scheme is Rs. 6,000 per year, disbursed in three equal installments.
5. What are the documents required to apply for PM Kisan Nidhi? Answer: The required documents include an Aadhar card, bank account details, and proof of land ownership.
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