Farmers registered under Pradhan Mantri Kisan Samman Nidhi Scheme

The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), a Central Sector Scheme, aims at providing financial assistance to cultivable landholding farmer families across the country, subject to certain exclusion criteria. Under the Scheme, an amount of Rs. 6000/- is transferred annually in three equal instalments of Rs.2000/- directly into the Aadhaar Seeded bank accounts of the farmers. The year-wise details of beneficiary farmers under PM-KISAN scheme, is given below.

“Pradhan Mantri Kisan Maan Dhan Yojana (PMKMY)”, a Central Sector Scheme launched on 12.09.2019, is a voluntary and contributory pension scheme for the entry age group of 18 to 40 years with a provision of Rs. 3000/- monthly pension on attaining the age of 60 years, subject to exclusion criteria. All Small and Marginal landholder farmers who own cultivable land upto 2 hectare as per land records of the concerned State/UT are eligible to be enrolled under the Scheme. The Scheme aims to create a social security net for the farmers as old age would result in loss of livelihood for most of them. Under the scheme, 23,36,469 farmers have been enrolled till June  2023.

With a view to provide financial support to farmers at the time of losses due to natural calamities, a yield index based Pradhan Mantri Fasal Bima Yojana (PMFBY) and weather index based Restructured Weather Based Crop Insurance Scheme (RWBCIS) are introduced in the country from Kharif 2016 season.  Under this Scheme, farmers’ share in premium of maximum 2% of sum insured for Kharif season and 1.5% for Rabi season for food and oilseed crops and 5% for commercial/ horticultural crops and remaining of actuarial/ bidded premium is shared equally 50: 50 ration by the Central and State Governments except in North Eastern States& Hilly States where sharing pattern ratio is 90 : 10.

The Cumulative State-wise details of coverage under PMFBY, since inception of the scheme in 2016 to 2022-23 is at below:

         Annexure I

State-wise, Year-wise Details of Beneficiaries under PM-KISAN as on date

Annexure II

The State-wise details of total number of farmers insured under PMFBY and RWBCIS (2016-17 to 2022-23) as on 30.06.2023

This information was given by the Union Minister of Agriculture and Farmers’ Welfare, Shri Narendra Singh Tomar in a written reply in Lok Sabha today.