Pm Kishan Yojna

Pm Kishan Yojna

The Prime Minister Kishan Yojna, or PMK, is an innovative and ambitious scheme launched by the Indian government to support the country’s farmers. This program aims to ensure the financial security of farmers and provide them with the necessary credit and other benefits to help them succeed in the agricultural sector. It seeks to reduce the financial burden of agricultural production, increase farmers’ income and improve agricultural productivity. As an agricultural economist, I am excited to explore the benefits of this program and its potential to revolutionize the Indian farming sector. In this article, I will provide an analytical overview of PMK, including its objectives, benefits, and challenges. I will also discuss the implications of the program for farmers and the Indian economy.


PM Kishan Yojna

PM Kishan Yojna is a government scheme introduced by Prime Minister Narendra Modi to provide financial aid to small and marginal farmers. The scheme provides farmers with a financial benefit of Rs.6000/- per annum. The funds are deposited in three equal installments of Rs. 2000/- directly into the bank accounts of the small and marginal farmers. This financial aid enables them to meet the cost of agricultural operations such as land preparation, sowing, fertilizer, pest control, etc.

The scheme also provides the farmers with additional benefits such as free insurance for their crops and animals, free medical check-ups at government hospitals, free seeds and fertilizers, etc. All these benefits help farmers increase agricultural productivity and reduce their financial burden. The agricultural credit limit has also been increased from Rs. 3 lakhs to Rs. 6 lakhs for small and marginal farmers, thus enabling them to access more credit for their farming operations.

The PM Kishan Yojna has been implemented in over 32 states and union territories. This scheme has benefited more than 10 crore small and marginal farmers. According to the Ministry of Agriculture, the scheme has provided more than 8.2 lakh crore rupees to the farmers since its launch. The scheme has had a positive impact on the agricultural sector as it has improved the income of small and marginal farmers and helped them reduce their financial burden.

Overall, through PM Kishan Yojna, the government is taking effective steps to ensure the empowerment of small and marginal farmers. This scheme has been a boon for the farmers and has

Eligibility Criteria

The Pradhan Mantri Kisan Yojana (PMKSY) was launched in 2019 by the Government of India as part of their commitment to empower the farmers of the nation. This scheme provides financial assistance to eligible small and marginal farmers to support them in their agricultural endeavors.

Under the PMKSY, farmers are eligible to receive up to Rs.6,000 per year as direct income support. To be eligible for the scheme, farmers must have a combined landholding of up to 2 hectares. They must have a valid Aadhaar Card and verified bank account, as well as a possession certificate for their land holdings.

Furthermore, only farmers who are registered with the Agricultural Produce Market Committee (APMC) or the State Agriculture Department are eligible for the scheme. The scheme is also applicable to sharecroppers, tenant farmers, and oral lessees, who are registered with the local revenue office.

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According to the Government of India, this scheme provides income support to more than 14.5 crore farmers across the country. As of August 2020, more than 12 crore farmers were provided with financial assistance under the PMKSY. The scheme is set to continue until 2023, and the government is committed to uplifting the lives of small and marginal farmers through this initiative.

For more information, please refer to the official website of the Department of Agriculture, Cooperation and Farmers Welfare (DAFW). The website provides detailed information about the scheme, its eligibility criteria and guidelines.

Benefits of Scheme

The Pradhan Mantri Kishan Yojna has been implemented to provide financial assistance to small farmers in India. This scheme was introduced in 2019 to provide support to the agricultural sector of India and ensure that farmers receive their rightful due. This scheme provides a range of benefits to small and marginal farmers.

Firstly, the scheme provides assistance of Rs 6,000 to farmers over a period of three years. This assistance is aimed at helping farmers purchase agricultural inputs such as seeds and fertilizers. Additionally, the scheme also offers subsidized farming equipment and implements for small farmers, which helps reduce their costs. Furthermore, the scheme provides an insurance cover of Rs 2 lakh to the farmer’s family in the event of an accidental death or disability.

Secondly, the scheme also provides concessional loans of up to Rs 1 lakh to small and marginal farmers, which helps them manage their farming costs. The scheme also provides interest-free loans of up to Rs 3 lakh to small traders and shop owners in the agricultural sector.

Thirdly, the scheme provides additional benefits such as electricity and water bills subsidies, as well as support for setting up cold storage facilities. This helps small farmers preserve their produce and get better prices for their produce.

Finally, the scheme is being implemented by the government in a timely fashion, with a total of Rs 1,480 crore allocated for the scheme in the 2019-2020 financial year. This has helped get timely benefits to farmers across the country and ensure that they can sustain their livelihoods.

Documents Required

The Pradhan Mantri Kishan Yojna (PMKY) was launched in 2019, with the aim to provide affordable financial assistance to farmers across India. This scheme provides access to various financial services, such as crop insurance, credit, pension, and more. To avail of these services, farmers must submit a few essential documents.

These documents include an identity proof, an address proof, a land proof, a bank passbook, a copy of the farmer’s Aadhar card, and a copy of the farmer’s pan card. The farmer must also submit two passport size photos and a copy of their land records. Additionally, the farmer must present a certificate from the local agricultural office and a pre-filled loan form.

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Farmers must make sure that all the required documents are in order to successfully avail of the PMKY scheme. If a document is missing, the farmer will not qualify for the scheme and will not be able to gain access to any of the services. According to the National Bank for Agriculture and Rural Development (NABARD), over 1 crore farmers have benefitted from the PMKY scheme since its launch.

Various government initiatives, such as the PMKY, are aimed at making agricultural operations smoother and easier for farmers. Access to the services provided by this scheme will help farmers receive the financial aid they need to make their farming operations successful. This scheme is an invaluable asset to farmers who are in need of financial assistance.

How to Apply

The Pradhan Mantri Kishan Yojna (PMKY) is an initiative by the government of India to provide financial assistance to small and marginal farmers in the country. It is designed to help farmers with yield enhancement, access to technology, and to provide them with financial support. The scheme was announced in 2019 and is open for applications each year.

To apply for the PMKY, applicants must first be eligible. Eligible applicants are small and marginal farmers with less than 2 hectares of landholding. It is important to note that the land must be owned by the applicant and not leased or rented. Additionally, applicants must have a valid Aadhaar card and bank account in their name.

Once an applicant is eligible, the next step is to fill out an application form. This can be done online or offline. Online applications are available on the official PMKY website, and can be filled out using a computer, tablet, or smartphone. Offline applications can be obtained from a local bank or government office.

In order to complete the application, applicants must provide all necessary documents, including proof of identity, bank account details, landholding documents, and proof of income. Furthermore, applicants must also submit a detailed crop plan outlining their expected yield, seed varieties, and fertiliser requirements. Once all documents are submitted, applicants can submit their application to their nearest bank or government office.

The PMKY is a great opportunity for small and marginal farmers to receive financial assistance for their agricultural activities. It provides them with access to technology, yield enhancement, and

Challenges Faced

The Pradhan Mantri Kishan Yojana (PMKY) was launched to support small and marginal farmers in India. This scheme has been a great step forward to provide financial aid to farmers, however, it has been facing a few challenges.

Firstly, limited resources and inadequate infrastructure have caused the implementation of the scheme to be slow and the benefits to reach only a few farmers. In addition, the scheme has not been properly publicized so that more farmers can make use of the scheme.

Secondly, the requirement of a valid Aadhar card has been a hindrance in terms of eligibility criteria. This has caused many farmers to be excluded from the scheme as they do not possess, or are unaware of, the requisite documents.

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Thirdly, lack of awareness and illiteracy among farmers has caused them to be unaware of the scheme, and have little understanding of the benefits it provides. In addition, the procedure to avail the scheme is often considered too complicated for those who do not have access to technology or the internet.

Finally, the scheme has been marred by bureaucratic processes and corruption. This has resulted in a considerable delay in the disbursement of funds and in agriculture inputs being delivered late.

Overall, the PMKY has been a boon to small and marginal farmers, however, it has been facing several challenges. Therefore, it is important for the government to address these issues for the scheme to be successful.


The Pradhan Mantri Kisan Yojana (PMKSY), a flagship scheme of the Government of India, seeks to give financial support to small and marginal farmers. PMKSY seeks to address the gaps in the existing agricultural and water systems, and has been launched to provide direct financial support to farmers through their bank accounts.

Under the PMKSY, farmers are eligible for an annual instalment of Rs. 6,000/-, payable in three instalments of Rs. 2000/- each, directly into their bank accounts. This support is provided through the use of modern technology and digitalisation, including Aadhar linkage, to ensure direct and timely transfer of funds. Additionally, the scheme also provides subsidies and concessional loans to help farmers to purchase agricultural inputs, such as fertilizers and machinery.

The PMKSY is available to all individual small and marginal farmers who have been registered with the Department of Agriculture, Cooperation and Farmers Welfare. This scheme is also open to other farmers, including tenant farmers, sharecroppers and joint farming families. As of 2021, over 10 crore farmers are benefitting from the PMKSY nationwide.

In order to avail the benefits of the PMKSY, interested farmers can visit the nearest Common Service Centers (CSCs) or Krishi Vigyan Kendras (KVKs) that are run by the Department of Agriculture. The necessary documents to be submitted for the registration process include Aadhar Card, Bank Account Number and Passbook, and land documents.


PM Kishan Yojna has been a great success and has benefited many farmers and small business owners. It has given relief to those who were struggling financially and has helped those who were unable to access government assistance in the past. It has also provided a platform for those who need assistance to access necessary resources and services. Overall, it has been an effective policy and has been instrumental in providing financial assistance to those who need it the most. As we move forward, it is important to continue to support PM Kishan Yojna and other such initiatives that are geared towards helping India’s vulnerable population. Let us all work together to create a better future for everyone.

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