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Questions and Answers
What is the financial assistance amount provided to each qualified farmer annually under the PM-KISAN scheme?
How many equal payments does a farmer receive from the PM-KISAN scheme each year?
What was the primary purpose of the PM-KISAN scheme?
When was the PM-KISAN scheme officially launched?
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Approximately how many farmers are expected to benefit from the 17th installment of the PM-KISAN scheme?
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Study Notes
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Plan
- The 17th installment of the PM-KISAN plan allocates approximately ₹20,000 crore.
- This installment benefits around 9.3 crore farmers across India.
- Launched in February 2019, the scheme aims to provide direct financial support to eligible farmers' families.
- Each qualified farmer receives ₹6,000 annually, disbursed in three installments of ₹2,000 every four months.
- Funds are directly transferred to farmers' bank accounts to ensure timely access to support.
- The primary goal of the PM-KISAN scheme is to assist farmers in acquiring agricultural supplies and meeting personal expenses.
- The initiative aims to enhance the living standards and productivity of Indian farmers through income support.
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Description
Explore the key features of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) plan, which provides financial support to farmers. Understand how this initiative benefits millions of farmers across India by offering direct monetary assistance to improve their living standards and agricultural productivity.
