To make farmers financially strong, the central government is running several schemes. One such scheme currently available for farmers is the PM Kisan Yojana, where farmers receive Rs 6,000 every year from the government. Apart from this well-known scheme, the government is running another scheme called the Pradhan Mantri Kisan Maandhan Yojana.
Under this scheme, the government provides a pension of Rs 3,000 to farmers over the age of 60 years every month. This scheme is an attempt by the government to provide social security to the people so that after the age of 60 years when they aren’t able to do farming-related work and still be able to afford a living.
What is PM Kisan Maandhan Yojana?
Through the PM Kisan Maandhan Yojana, the government provides Rs. 36,000 to farmers over the age of 60 years every year as a pension. In line with this scheme, on reaching the age of 60, small and marginal farmers are given a minimum fixed pension of Rs. 3,000/-, subject to specific exclusion conditions. It is a contributory, voluntary government pension plan. Depending on their entry age, eligible farmers must pay between Rs. 55 and Rs. 200 per month into a pension fund. The Central Government likewise makes a similar amount of contributions to the Pension Fund.
What are the eligibility criteria for PM Kisan Maandhan Yojana?
Farmers who apply for the scheme must be small and marginal farmers (SMF), which is, the farmers who cultivate land up to 2 hectares as per land records of the concerned State/UT.
Age of 18-40 years
How to apply for the PM Kisan Maandhan Yojana:
Self-registration online or at one of the Common Service Centers located throughout the states are both options for enrolling in the Scheme. There is no fee for registration.
Click here to register online for self-enrollment.
Documents required to apply for the PM Kisan Maandhan Yojana:
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Aadhaar Card
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A copy of Khasra- Khatauni
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2 passport-size photo
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Bank account details like account number, IFSC code
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Mobile number
The Pradhan Mantri Kisan Maan Dhan Yojana (PM-KMY) was introduced by the government on 12.9.2019 with the goal of providing social security to Small and Marginal Farmers in their old age when they have no means of support and little to no funds to cover their costs.
