PM Kisan Maandhan Yojana :The government launched the Pradhan Mantri Kisan Maan Dhan Yojana for providing social security to the small and farmers when they grow old. The Pradhan Mantri Kisan Maan Dhan Yojana provides financial support to farmers in their old age when they do not have any means of income or no savings for taking care of their expenses. Pradhan Mantri Kisan Maan Dhan Yojana was started by Prime Minister MR.Narendra Modi on 12 september 2019 from Ranchi, Jharkhand.They will have to contribute at least 20 year and maximum 42 year in this scheme from Rs. 55 to Rs. 200 depending on their age. In this Scheme Farmers older than 60 years will get monthly pensin of Rs 3 thousand .
Features of PM Kisan Maandhan Yojana
1. The Department of Agriculture, Cooperation and Farmers Welfare in partnership with the Life Insurance Corporation of India (LIC), administers the PM Kisan Maandhan Yojana
2. The PM Kisan Maandhan Yojana is a periodic contribution-based pension for all contributed by the eligible farmer to the pension fund under the PM-KMY.small landholding farmers throughout the india.
3. Through the Department of Agriculture Cooperation and Farmers Welfare, the Central Government contributes an equal amount as contributed by the farmers to the pension.
Benefits of PM Kisan Maandhan Yojana
1. Kisan Maandhan Yojana is the Government Scheme For the Old Farmers.
2. In this scheme , 60 years or more than aged farmers will get 3 thousand as pension.
3. The Central Government also contributes an equal amount as contributed by the farmers to the Pension Fund.
4. On the death of the farmer family will get 50% of pension as family pension.
5. Deposit amount from at least Rs.55 to maximum Rs.400 per months depending on their age.
Eligibility Criteria for PM kishan Maandhan Yojana
1. Small farmers who have cultivable land up to 2 hectares as per the land records of the respective State/UT
2. The age of the farmers should be between 18 to 42 years.
Application Procedure for PM kishan Maandhan Yojana
1. The eligible small and marginal farmers should visit the nearest Common Service Centre and apply for the PM kishan maandhan yojana for than some important documents such as Aadhar card , Pan card , Saving bank account number with IFSC code .
2. The initial contribution amount should be made in cash to the Village Level Entrepreneur (VLE).
3. The VLE shall complete the online registration by filling in the details like mobile number, bank account details email address and nominee details of the farmer.
4. The online system will automatically calculate the monthly contribution to be paid by the farmer according to their age.
5. The printed Enrolment auto debit mandate form should be signed by the Farmer. The VLE will scan the same and upload it online .
6. A unique Kisan Pension Account Number is generated, and the Kisan Card will be printed.
Required Documents for PM kishan Maandhan Yojana
1. Aadhar card
2. Pan card
3. Saving bank account along with IFSC code
Conclusion of PMKMY
Pradhan Mantri Kisan Maan Dhan Yojana (PMKMY) aims to provide social security to small farmers through pension, as they have Funds or no savings for their livelihood in old age . Under the scheme, eligible small farmers provided a minimum fixed pension of Rs 3,000 per month on attaining the age of 60 years. The scheme is a voluntary and contributory pension scheme, with entry aged ranging from 18 to 40 years.
