This initiative stands as one of the world’s largest Direct Benefit Transfer schemes, leveraging digital platforms for transparent enrollment, authentication, and nationwide coverage.
The Pradhan Mantri Kisan Samman Nidhi (PM KISAN) scheme which started in December 2018, offers eligible Indian farmers annual financial assistance of ₹6,000 deposited directly into their bank accounts.
This initiative stands as one of the world’s largest Direct Benefit Transfer schemes, leveraging digital platforms for transparent enrollment, authentication, and nationwide coverage. By eliminating intermediaries, the scheme ensures equitable support reaches all deserving farmers, marking a significant step towards agricultural empowerment and financial inclusion.
PM-KISAN has given a further boost to the India’s agricultural sector. By addressing the challenges farmers face in accessing resources, the scheme offers vital financial assistance, enabling them to invest in crop health maintenance, optimize yields, and approach their anticipated income levels with each cycle.
Crucially, PM-KISAN has disrupted the reliance on moneylenders, fostering sustainable farming practices and securing farmers’ livelihoods for the future.
ACHIEVEMENTS
Over 11 crore farmers across India have received a staggering ₹2.81 lakh crore under the PM-KISAN scheme. Notably, since the inception of the scheme, farmers in Punjab have received over ₹4758 crore, while those in Haryana have received more than ₹5058 crore. This demonstrates the scheme’s diverse impact, empowering individual farmers and fuelling agricultural growth across different States and Union Territories.
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