PM-KISAN ensures timely financial aid to strengthen farmers livelihoods and promote agricultural growth.
- PM- KISAN is a Central Sector scheme with 100% funding from the Government of India.
- Under the scheme, an income support of 6,000/- per year in three equal instalments will be provided to all land-holding farmer families.
- There are various Exclusion Categories for the scheme like government pensioners.
- The Rythu Bandhu scheme of Telangana is considered to be the inspiration.
- Family is considered as the basic unit in this scheme.
Relevance of PM-KISAN
- Will ensure financial security in case of crop loss.
- The moneylender’s role will be reduced.
- Will benefit the entire farming families, hence will lead to female empowerment.
- Help farmers arrange funds for getting inputs like seeds and fertilizers.
- DBT mechanism will help avoid fund leakage.
- The scheme is designed to include small and marginal farmers, which will ensure inclusive and equitable Support.
Source: The Indian Express