New Delhi: Over 11 crore farmers in India are stated to have benefitted from the Pradhan Mantri Kisan Samman Nidhi scheme which was launched in 2018 to offer monetary help to farmers within the nation.
With an goal to offer extra cushion to farmers, the federal government had rolled out PM Kisan Man Dhan Yojana for the farmers. Under the PM Kisan Man Dhan Yojana, farmers get Rs 36,000 a yr in 12 month-to-month instalments of Rs 3,000 per 30 days as soon as they retire.
Who is eligible for PM Kisan Man Dhan Yojana?
The most vital situation of this scheme is that farmers registered underneath the Pradhan Mantri Kisan Samman Nidhi Scheme can profit from the Kisan Man Dhan Yojana.
The goal of this scheme is to offer a monetary cushion within the type of a pension each month to all of the farmers of the nation. All farmers above 60 years of age registered underneath the Pradhan Mantri Kisan Samman Nidhi Scheme can benefit from this scheme.
How to enrol within the PM Kisan Man Dhan Yojana?
The most vital situation for registering underneath this scheme is that the farmer ought to have lower than two hectares of cultivable land. The farmers who’ve extra land than two hectares can’t avail the advantages of PM Kisan Man Dhan Yojana. There is not any want for the farmer to bear extra documentation to use underneath the PM Kisan Man Dhan Yojana.
A farmer wants to start out investing within the scheme for at the least 20 years earlier than reaping the advantages. A farmer can begin investing within the scheme as early as he’s 18 years outdated for securing retirement.
For instance, if you’re 18 years outdated, you’ll have to contribute Rs 55 each month and if you’re 30 years outdated, you’ll have to contribute Rs 110 per 30 days. Farmers above 40 years of age should donate a share of Rs 200 each month to the scheme.
