PM-KMY Provides Rs. 36000 per Year; Over 21.40 Lakh Farmers Enrolled

Union Agriculture Minister Narendra Singh Tomar said that over 21.40 lakh farmers have so far registered under Pradhan Mantri Kisan Maan-Dhan Yojana (PM-KMY), a voluntary pension scheme for small and marginal farmers. The pension yojana was introduced in 2019 to provide old age protection & social security.

Tomar in a written reply to the Lok Sabha said, "As on 23^rd July 2021, a total of 21, 40, 262 farmers have joined the scheme".

The enrollment of eligible farmers under PM Kisan Maandhan Yojana was started by Common Service Centres from August 2019.

Tomar said, when PM-KMY was launched on 12 September 2019, about 13, 29,353 people had joined the scheme.

As PM-KMY is a voluntary & contributory pension yojana, the minister said no specific target for enrolment was set for last year.

Besides PM Maandhan Yojana, you can also apply for Atal pension scheme that provides Rs. 5000 per month. 

But, CSC under the IT Ministry that is responsible to register eligible farmers conducted various campaigns from time to time. In addition, state nodal officers of PM-KMY and PM-KISAN also helped CSCs in the enrolment of farmers, Tomar said.

What is PM Maandhan Yojana?

PM Maandhan is a voluntary & contributory pension scheme in which eligible farmers in the age group of 18-40 years have to make a monthly contribution of Rs. 55 to Rs. 200. The Central Government shares the matching contributions with the pension fund manager - LIC.

How to apply for PM-KMY

Follow the steps given below to register for PM Kisan Maandhan Yojana;

Step 1 - Go to the official website of PM Kisan Maandhan Yojana- pmkmy.gov.in/

Step 2 - On the right hand side of the homepage you will see a link that reads 'Click Here to Apply Now'

Step 3 - You will find 2 options - self enrollment (using Mobile number & OTP) and CSC VLE (using CSC connect).

Step 4 -  After selecting self enrollment, enter your mobile number

Step 5 - Then enter your name, email id, captcha & click on generate OTP

Step 6 - Fill in the details and submit it

How much pension a farmer gets under PM-KMY?

Under PM Kisan Maandhan Yojana, a monthly pension of Rs 3,000 / month is given to the farmers on attaining the age of 60 years. The farmer gets Rs. 36000 per year through this scheme.