A brief of major schemes/initiatives launched by the Department of Agriculture and Farmers Welfare in recent years
1. Pradhan Mantri Kisan Samman Nidhi (PMKISAN)
PM-KISAN is a central sector scheme launched on 24th February 2019 to supplement financial needs of land holding farmers, subject to exclusions. Under the scheme, financial benefit of Rs. 6000/- per year is transferred in three equal four-monthly installments into the bank accounts of farmers’ families across the country, through Direct Benefit Transfer (DBT) mode. Till Now, Rs. 2.81 lakh crores have been transferred through Direct Benefit Transfer (DBT) to more than 11 crores beneficiaries (Farmers) through various instalments.
2. Pradhan Mantri Kisan Maan Dhan Yojana (PM-KMY)
In order to provide financial support and security to the most vulnerable farmer families, Government launched Pradhan Mantri Kisan Maandhan Yojana w.e.f. 12.09.2019 to provide pension benefits to small and marginal farmers. PM KMY is meant for Small and Marginal Farmers falling in the entry age between 18 to 40 years having cultivable land up to 2 hectares The scheme seeks to provide Rs 3,000/- monthly pension to the Small and Marginal Farmers once they attain 60 years of age. As of now total number of farmers enrolled under the scheme is 23.38 Lakhs. .