Good News! PM Kisan Beneficiaries Can Get Additional Rs 36,000 Per Year; Know How?

If you are a beneficiary of Pradhan Mantri Kisan Samman Nidhi Yojana then there is a good news for you. Farmers who are availing the benefit of PM Kisan (Rs 6,000 per annum) can get additional Rs. 36000 per year or Rs 3,000 per month. Read to know How?

The Central government has launched a monthly pension for farmers known as Pradhan Mantri Kisan Maandhan Yojana. Under this scheme, the government provides a minimum fixed pension of Rs 3,000 /month to the eligible small and marginal farmers.

The best thing is that farmers who have already registered for PM Kisan Yojana will not have to apply separately for PM Maandhan Yojana.

Objective of PM Maandhan Yojana

The main objective of PM Maan Dhan Yojana is to provide social security to the Small & Marginal Farmers (SMF) by way of pension. This will make their life easy during old age. Farmers after 60 years of age are not able to earn much hence this pension scheme will provide them fixed amount every month.

Eligibility and Other Details

• PM Maan Dhan Yojana is a voluntary & contributory pension scheme.

• The entry age to avail the benefit of this pension scheme is between 18 - 40 years.

• The eligible farmers will have to contribute between Rs 55 to Rs 200 / month (in the Pension Fund) depending on the entry age.

• They will start receiving the money on attaining the age of 60 years.

• The Central Government will also make equal contribution to the Pension Fund.

How to Register

For registration, the farmer will have to visit the nearest Common Service Center (CSC) or the Nodal Officer (PM-Kisan Scheme) nominated by the State or UT Governments.

The farmers can also apply themselves through the official website of PM Kisan scheme - www.pmkmy.gov.in. 

No Fees

Officials of the Ministry of Agriculture have made it clear that there will be no fees to register for PM-KMY. And if a farmer is already getting the benefit of PM-Kisan Yojana then he will not have to submit separate documents for this pension yojana.

About PM-Kisan Scheme

PM-kisan is a Direct Benefit Transfer (DBT) Scheme in which all the farmers across the country is given financial assistance of Rs 6,000 / year. The amount is given in three installments.