Question

The interim budget 2019 has announced a farm income support scheme PM Kisan Samman Nidhi For this scheme the Centre will transfer _____ every year to small and marginal farmers.
1. Rs 10,000
2. Rs. 6,000
3. Rs. 14,000
4. Rs, 18,000

Answer 1

Correct Answer - Option 2 : Rs. 6,000

The correct answer is Rs. 6,000.

• The Pradhan Mantri Samman Nidhi Scheme was started on 1st February 2019 by the Ministry of Agriculture and Farmers Welfare.
• The objectives of the scheme are to supplement the financial needs of the Small and Marginal Farmers and to protect them from falling into the clutches of money lenders.
• The scheme was first started and implemented by the Telangana Government as the Rythu Bandhu Scheme where a certain amount is directly given to the eligible farmers.
• The five top-performing states under the scheme are Karnataka, Maharashtra, Uttar Pradesh, Arunachal Pradesh, and Himachal Pradesh.
• An amount of Rupees Six Thousand each year is transferred by the Center equally in three installments directly into the bank accounts of all farmers who are holding land whatever may be the size of the land.
• It is a Central Sector Scheme i.e 100% funded by the Indian Government.
• The Governments of the State and Union Territory have the full authority of recognizing farmer families who are to be benefitted under the scheme.
• The National Informatics Center has thrived, planned, and started in partnership with the Ministry of Electronics and Information Technology PM-KISAN Mobile Application.
• On this mobile application, farmers can check the history of credits to their bank accounts, view the status of their application, and update or carry out corrections to their Aadhar Cards.
• The interim budget 2019 has announced a farm income support scheme PM Kisan Samman Nidhi for this scheme the Centre will transfer Rs. 6,000 every year to small and marginal farmers.