PM KISAN Scheme Completes 2 years

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PM KISAN Scheme Completes 2 years

PM KISAN Scheme Completes 2 years PM KISAN Scheme Completes 2 years , 26 feb 2021, करंट अफेयर्स, हिन्दी करंट अफेयर्स, आर्थिक विकास, प्रधानमंत्री किसान सम्मान निधि योजना के दो वर्ष हुए पूर्ण, प्रधानमंत्री किसान सम्मान, प्रधानमंत्री किसान सम्मान निधि योजना

Recently two years of the ambitious “Pradhan Mantri Kisan Samman Nidhi (PM- Kisan) Yojana” of the Government of India has been completed.

PM-KISAN Scheme:

  • The PM-Kisan Samman Nidhi Schemes was announced by Union Minister Piyush Goyal in the financial budget 2019-20.
  • Under this scheme, an amount of Rs. 6,000 per year will be provided to eligible small and medium farming families with joint holdings / ownership of two hectares.
  • This amount will be provided in three installments of Rs. 2000.

Benefits of the scheme:

  • The process of Direct Benefit Transfer (DBT) through the scheme transparently ensures digitally authentic payments to bank accounts of the beneficiaries without human intervention.
  • All payments for the schemes of the Government of India are being made through DBT.
  • Successful operation of electronic transfer of funds under the PM-Kisan scheme by the Public Financial Management System (PFMS) in such a short period of time to the accounts of a large number of beneficiaries is a landmark achievement of the PM-Kisan Yojana, which has further strengthened the Digital India initiative of the Government of India.

Source – PIB

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