PM Kisan, being implemented by the Central govt has reached up to two crore Small and Marginal Farmers, claims govt source. It is a continuous scheme and the aim of the Department is to cover all eligible small and marginal farmer families, it added.
With a view to enable farmers to take care of expenses related to agriculture, the Central Government had started this Scheme on 01.02.2019. The Scheme aims to provide a payment of Rs.6000/- per year for the farmers’ families with cultivable land holding upto 2 hectare, subject to certain exclusions.
This Rs 6000/- would be released in three 4-monthly installments of Rs 2000/- over the year. The scheme is effective from 1.12.2018. The amount is being released by the Central Government directly into the bank accounts of the eligible farmers under Direct Benefit Transfer mode for a period of 4 months ending on 31.03.2019.
Around 12.5 crore farmers across the country will be benefitted from this Scheme. Under the scheme, the responsibility of identification of the eligible beneficiaries rests with the State Government.