PM-Kisan Samman Nidhi: A Game-Changer in Boosting Farmers’ Income; 92% Beneficiaries Satisfied

The Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) is a flagship central sector scheme launched in February 2019 to provide direct financial support to farmers with cultivable land. Under the scheme, each eligible farm family receives ₹6,000 annually through Direct Benefit Transfer (DBT), credited into their Aadhaar-linked bank accounts in three equal installments.
Possession of cultivable land is the primary eligibility criterion, although certain high-income categories are excluded under the scheme guidelines.

Over ₹4 Lakh Crore Disbursed Through a Transparent Digital System:

To ensure direct and corruption-free delivery of benefits, the Government of India has built a robust digital infrastructure. Since its launch, more than ₹4.09 lakh crore has been transferred directly to farmers’ accounts across 21 installments. The registration and verification processes are fully transparent, ensuring that assistance reaches the rightful beneficiaries.

Studies Reveal Strong Positive Impact:

Several national and international organisations have evaluated the impact of PM-Kisan. Key findings include:

1. IFPRI Study: Strong Boost to the Rural Economy:

A 2019 study by the International Food Policy Research Institute (IFPRI) found that:

1. Cash support accelerated rural economic activities.
2. Farmers experienced reduced credit constraints.
3. Agricultural investment increased, with higher spending on seeds, fertilizers, and pesticides.
4. Farmers’ risk-taking ability improved, encouraging them to make more productive investments.
5. Assistance was also used for education, healthcare, and essential household needs.

2. Kisan Call Centre Feedback: 92% Farmers Satisfied:

According to feedback collected by the Department of Agriculture and Farmers Welfare:

1. Over 92% of farmers expressed satisfaction with the scheme.
2. More than 93% beneficiaries used the funds directly for agricultural activities.

3. NITI Aayog (DMEO) Study: Significant Contribution to Economic Stability:

The Development Monitoring and Evaluation Office (DMEO) of NITI Aayog highlighted:

1. The scheme has provided strong financial security to farmers.
2. 92% of farmers spent the assistance on essential inputs such as seeds, fertilizers, and pesticides.
3. Nearly 85% of beneficiaries reported an increase in their household income.
4. Dependence on informal credit reduced during crop losses or medical emergencies.

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