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Farmers get financial benefits from these three schemes run by the Central Government.

Published on: 14-Oct-2023

Many schemes are being run by the Central Government for the benefit of farmers. The objective of these schemes is to uplift the farmers economically as well as to overcome the challenges faced during farming. Various schemes are being run by the Central Government for farmers. Farmers get various types of support through these schemes. What are those schemes which support farmers financially? Along with this, they also help in other tasks related to farming.


PM Kisan Saman Nidhi Yojna

Under PM Kisan Samman Nidhi Yojana, 6 thousand rupees are provided to the farmers of India every year. Under this scheme, these rupees are transferred to the farmers in four installments. This means that this amount is made available to the farmers in three different installments of Rs 2 thousand each. If you want to take advantage of this scheme, then do not make any mistake while applying. For more information related to the scheme, farmers can contact PM Kisan Yojana helpline number 155261 or 1800115526 or 011-23381092.


Also read: 81000 beneficiaries were removed from the list of PM Kisan Samman Nidhi Yojna


PM Kisan Maandhan Yojana

Under the PM Kisan Maandhan Yojana issued by the Central Government, the government is providing a pension of Rs 3,000 per month to the farmers. Only farmers between 18 to 40 years of age are eligible to apply to avail the benefits of this scheme. When farmers reach 60 years of age, a pension of Rs 3,000 per month is sent to their account.


Prime Minister Crop Insurance Scheme

Under the Pradhan Mantri Fasal Bima Yojana, financial security is provided to farmers against crop damage due to natural disasters, pests and diseases. Under the scheme, farmers have to pay a premium, on which the government gives subsidy. The central and state governments share the premium subsidy for non-subsidized crops in the ratio of 50:50. At the same time, the central government provides higher subsidy share for subsidized crops.