Kisan Nidhi Yojna

Kisan Nidhi Yojna

Kisan Nidhi Yojna is a revolutionary scheme launched by the Indian government in 2019, aiming to provide financial support to small and marginal farmers in India. It is a major step taken by the government to ensure the prosperity of the farmers and their families. As a farmer myself, I am highly impressed with the scheme and its initiatives. This article provides an overview of the scheme, its objectives, and the implications of its implementation for farmers. I am hopeful that the scheme will bring about positive and drastic changes in the lives of millions of farmers in India.


Kisan Nidhi Yojna

Kisan Nidhi Yojna is a government initiative to provide financial assistance to farmers all across India. It was launched on 24th February 2019 and is intended to offer support to small and marginal farmers who are struggling to make ends meet. Under this scheme, farmers can receive up to Rs. 6,000/year in three equal installments as direct benefit transfer. This amount can help farmers manage their expenses such as buying seed, fertilizer and other agricultural inputs.

The scheme provides an accessible and affordable source of finance to the farmers, who are otherwise excluded from the banking system. It is expected to benefit 12 crore farmers and close to 5 crore land holding farmers. It has been estimated that this scheme will cost the government around Rs 75,000 crores annually.

The scheme has been widely accepted and appreciated by the farmers and agricultural experts alike. It could potentially increase the incomes of farmers by providing them with the necessary financial support. As a result, it is likely to reduce the incidents of farmer distress, farming loan defaults and rural indebtedness. Furthermore, it could also help to create a more favourable environment for agricultural investments and help boost the overall productivity of the sector.

Overall, the Kisan Nidhi Yojna is a promising initiative for the Indian farmers which has the potential to improve the quality of life of millions of farmers in the country.


Benefits of the Scheme

Kisan Nidhi Yojna is a unique government initiative that has been launched to provide financial assistance to small and marginal farmers in India. The scheme falls under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) initiative and provides a direct income support of 6,000 rupees per year for eligible farmers. This is provided in three equal installments of 2,000 rupees each throughout the year, allowing farmers to access the money for their needs during the sowing, harvesting and post-harvesting seasons. Additionally, PM-KISAN also provides pension funds of 3,000 rupees per month for senior citizens and widowed women farmers. The scheme has been warmly welcomed by farmers across the country and has had a positive impact on their lives.

The scheme has been designed to help reduce financial burden on farmers who have limited access to credit and other sources of income. According to the Ministry of Agriculture, more than 12.5 crore farmers have benefited from the scheme since its launch in 2019. The scheme also provides access to affordable crop insurance, which is a much-needed safety net for farmers in times of crop failure. Furthermore, the scheme also provides a platform for farmers to access additional support through state-run schemes such as the Rashtriya Krishi Vikas Yojana (RKVY).

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The scheme has had a positive impact on the lives of millions of Indian farmers, allowing them to access financial security and a sense of stability. In addition to providing much-needed financial relief,

Eligibility Criteria

Kisan Nidhi Yojna (KNY) is a conditional cash transfer scheme launched in India to provide financial assistance to small and marginal farmers. To avail this scheme, farmers must meet the following eligibility criteria.

Firstly, farmers must own less than 2 hectares of land. Secondly, they must not have any other source of income apart from cultivation of land. Thirdly, their total annual income from agricultural activities should not exceed ₹1 lakh. Fourthly, their family should not possess any other government benefits or schemes. Lastly, the farmers must have a valid Aadhaar card.

The KNY scheme provides ₹6,000 per year to eligible farmers for meeting the farming-related expenses. This amount is sent in three equal instalments of ₹2,000 each to the bank accounts of the farmers. Further, an additional ₹2,000 is credited to the accounts if the farmers use soil health cards and keep track of the recommended fertilizers.

The KNY scheme aims to bring relief to small and marginal farmers by providing financial assistance. It is estimated that more than 12 crore farmers have so far benefited from this scheme. For more information, you can visit the official website of the govt. at

Application Process

Kisan Nidhi Yojana is a flagship scheme of the Indian Government to help the farmers. It provides farmers with financial assistance to help them buy better seeds, fertilizers, and other inputs to improve their yield. The main aim of the scheme is to increase the income of small and marginal farmers. The application process for the Kisan Nidhi Yojana is quite straightforward and can be done online.

To start the application process, the applicant must fill in an online application form, providing personal information and details of their farming activity. An applicant must also provide details of their bank account and Aadhar card. After submission of the application, the applicant will receive a confirmation message about the successful submission of their application.

The applicant will then be required to upload their income and expenditure documents, along with land records and other relevant documents. Once the documents are verified and accepted, the applicant will receive an SMS informing them that the loan amount has been approved. The loan amount will then be credited to the applicant’s bank account.

The scheme also provides assistance to farmers who are unable to avail the online application. They can visit the nearest Common Service Centre (CSC) and fill the application form with the help of a facilitator. After the documents are verified, the loan amount will be released to their bank account.

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Kisan Nidhi Yojana has helped many farmers in India and it is estimated that more than 30 million farmers have benefitted from this scheme. This scheme is a great initiative by the government to ensure

Financial Assistance

Kisan Nidhi Yojana, also known as Pradhan Mantri Kisan Samman Nidhi, is a government funded financial assistance scheme launched by the Government of India in February 2019. This scheme provides financial assistance to small and marginal farmers, whose total landholding is less than 2 hectares, through direct cash transfers of Rs. 6,000/- per year in three equal installments of Rs. 2,000/- each. This scheme has been instrumental in providing much needed financial security to the farmer community, helping them to access better inputs for crop production, access credit and invest in infrastructure.

According to data released by the Ministry of Agriculture, more than 12.5 crore farmers have benefitted from the Kisan Nidhi Yojana since its launch. The latest budget announced by the Government of India has allocated Rs. 75,000 crore for the scheme, ensuring that all eligible farmers are able to receive their benefits without fail. Additionally, the government has also proposed to provide additional benefits of Rs. 2000/- per year to the farmers who own land between 2 and 5 hectares.

The Kisan Nidhi Yojana has been widely appreciated by the farming community as it provides an opportunity to supplement their incomes and reinvest in their land. It has also helped to alleviate poverty in the rural areas of the country, while also providing farmers with improved access to agricultural inputs and credit sources. Taking into account the positive impact of the scheme, the government has promised to continue its support to ensure that the farmers are able to reap its benefits in the years to come.

Impacts of the Scheme

The Kisan Nidhi Yojna, a government scheme introduced in 2019, has had a significant impact on the lives of Indian farmers. The scheme provides financial assistance of up to Rs 6,000 annually to small and marginal farmers to help them meet the cost of cultivation. It is estimated that up to 12 crore farmers have benefitted from the scheme and are able to purchase fertilizer, pesticides, and farm machinery. The Kisan Nidhi Yojna has also encouraged farmers to invest more in agricultural production. This has resulted in an increase of crop production and an improvement in soil fertility.

An analysis of the scheme also reveals a reduction in farm input costs, as farmers are able to purchase cheaper inputs and tools. This has enabled farmers to become more competitive in the agro-market and improve their productivity. Additionally, the scheme has been beneficial for women farmers as it has helped them gain financial independence and increased their bargaining power in the market.

The scheme has also been a boon for the rural poor, as it has created employment opportunities in the agricultural sector. This has raised the standard of living of rural families and has improved the economic condition of the rural population. Furthermore, the scheme has helped reduce the rate of farmer suicides in India.

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Overall, the Kisan Nidhi Yojna has been instrumental in improving the lives of farmers and rural communities in India. It has enabled farmers to increase their incomes and invest more in agricultural production. The scheme has also improved the purchasing power of rural households and has contributed significantly to the economic growth of the country

Challenges Faced

The Kisan Nidhi Yojana is an Indian Government scheme providing financial assistance to small and marginal farmers to help them meet their agricultural and livelihood needs. Unfortunately, there are several challenges faced by the scheme. According to a report by the Union Ministry of Agriculture and Farmers Welfare, the scheme has only reached a fraction of the total number of farmers due to lack of awareness and limited resources. Moreover, the scheme faces resistance from some of the state governments due to the high cost involved.

Furthermore, the scheme has not been effective in reducing the burden of non-performing assets (NPAs) on the banking sector, as due to the low levels of awareness many of the farmers are yet to avail the scheme. Moreover, the scheme only covers fertilizer-related expenses, and doesn’t take into account the other inputs required for sustainable and profitable farming. This has resulted in huge losses for the farmers.

Moreover, the scheme is limited only to those farmers who have less than two hectares of land, which further reduces its reach. Additionally, the distribution of the funds is also uneven, with many states not receiving the required amount of funds. This has created a huge demand-supply gap in many states and has adversely affected the farmers’ income.

In order to make the Kisan Nidhi Yojana successful and to ensure that it reaches the farmers in need, the government needs to take strong and concerted steps to increase awareness about the scheme, increase the funds allocated to it, and also reformulate the scheme to include other inputs required for


Kisan Nidhi Yojna is a revolutionary scheme that seeks to provide farmers with financial assistance to help them overcome the various challenges they face. It is a step towards bridging the rural-urban divide and helping farmers to become self-reliant. This scheme is beneficial to both the farmers and the government, as it will help in the long-term development of the agricultural sector. It is a noble initiative that will benefit millions of farmers around the country. We must continue to support and promote initiatives like the Kisan Nidhi Yojna to ensure that the agricultural sector continues to grow and prosper. Let us come together to ensure that these initiatives are successful and are able to bring about meaningful change in the lives of farmers.

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