The Namo Shetkari Maha Samman Nidhi Yojana was launched by the Maharashtra government in May 2023. India is an agricultural country, and the economic condition of most of its citizens relies heavily on farming. To support farmers and boost their income, the PM Kisan Samman Nidhi Yojana is already in place. Building on this, the Maharashtra government has introduced the Namo Shetkari Maha Samman Nidhi Yojana, offering additional financial assistance of ₹6,000 per year in three equal instalments to farmers eligible for the PM Kisan Samman Nidhi Yojana.
Under these combined schemes, farmers in Maharashtra will now receive ₹12,000 annually—₹6,000 from the PM Kisan Samman Nidhi and ₹6,000 from the Namo Shetkari Maha Samman Nidhi Yojana. The entire amount will be transferred directly to the beneficiaries’ accounts via Direct Benefit Transfer (DBT). Additionally, the scheme offers crop insurance benefits for just ₹1. The Maharashtra government has allocated ₹6,900 crore to implement the scheme, aiming to cover approximately 1.5 crore farmer families in the state.
Throughout this article, we will provide detailed information for farmers in Maharashtra who wish to apply for the Namo Shetkari Maha Samman Nidhi Yojana.
Benefits and Features of the Namo Shetkari Maha Samman Nidhi Yojana
- The scheme primarily benefits farmers residing in Maharashtra.
- Farmers will receive ₹6,000 annually, similar to the PM Kisan Samman Nidhi Yojana.
- Every three months, ₹2,000 will be directly transferred to the farmers’ bank accounts.
- In total, farmers will get ₹12,000 annually, combining benefits from the Namo Shetkari Samman Yojana and PM Kisan Samman Nidhi Yojana.
- The government will transfer the amount directly to farmers’ bank accounts using the Direct Benefit Transfer (DBT) method.
- Additionally, farmers will be eligible for crop insurance at a premium of just ₹1.
- The scheme aims to benefit approximately 1.5 crore farmer families in Maharashtra.
- By providing financial support, the scheme aims to make farmers economically self-reliant and improve their quality of life.
- The government has allocated a total budget of ₹6,900 crore for the successful implementation of this scheme.
Eligibility Criteria for Namo Shetkari Maha Samman Nidhi Yojana 2024
- The applicant must be a permanent resident of Maharashtra.
- Only farmers of the state are eligible to apply.
- The applicant farmer must own agricultural land.
- Registration with the Agriculture Department of Maharashtra is required.
- The applicant must also be registered under the Pradhan Mantri Kisan Samman Nidhi Yojana.
- A bank account linked to the Aadhar card is mandatory.
- All necessary documents must be available at the time of application.
Required Documents for Namo Shetkari Maha Samman Nidhi Yojana
- Aadhar Card
- Maharashtra Residence Certificate
- Income Certificate
- Bank Account Details Linked to Aadhar and Passbook
- Land Ownership Documents
- PM Kisan Registration Number
- Mobile Number
- Passport-Sized Photograph
How to Apply for Namo Shetkari Maha Samman Nidhi Yojana
- No separate application is required for the Namo Shetkari Maha Samman Nidhi Yojana.
- Farmers who are already beneficiaries of the PM Kisan Samman Nidhi Yojana are automatically eligible for this scheme.
- The government will directly transfer the benefits of the scheme to eligible farmers.
- However, farmers must ensure that they are registered for the PM Kisan Samman Nidhi Yojana.