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PM-Kisan scheme

Topics Covered: Issues related to direct and indirect farm subsidies and minimum support prices; Public Distribution System objectives, functioning, limitations, revamping; issues of buffer stocks and food security; Technology missions.

PM-Kisan scheme:


Context:

The eighth instalment of minimum financial benefit under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme has been released.

  • This was the first instalment of PM Kisan Samman Nidhi for the financial year 2021-22.

About PM-Kisan scheme:

  • It is a central sector scheme with 100 per cent funding from the Government of India. The scheme was launched in December 2018.
  • Under the scheme, income support of ₹6,000 per year in three equal installments of ₹2000 is provided to small and marginal farmers having a combined land holding of up to two hectares.
  • The state governments and Union Territory administration identify the farmers who are eligible for the scheme and share the list with the Centre.

Ambit:

The Scheme initially provided income support to all Small and Marginal Farmers’ families across the country, holding cultivable land upto 2 hectares. Its ambit was later expanded w.e.f. 01.06.2019 to cover all farmer families in the country irrespective of the size of their land holdings.

Exceptions:

Affluent farmers have been excluded from the scheme such as Income Tax payers in last assessment year, professionals like Doctors, Engineers, Lawyers, Chartered Accountants etc and pensioners pensioners drawing at least Rs.10,000/- per month (excluding MTS/Class IV/Group D employees).

Similar programmes by states:

  1. Bhavantar Bhugtan Yojana- MP.
  2. The Rythu Bandhu scheme- Telangana.
  3. Krushak Assistance for Livelihood and Income augmentation (KALIA)- Odisha.

InstaLinks:

Prelims Link:

  1. PM KISAN- eligibility.
  2. About Bhavantar Bhugtan Yojana.
  3. About Rythu Bandhu scheme.
  4. About KALIA scheme.

Sources: PIB.