General Studies for Exams: Pradhan Mantri KisanSamman Nidhi (PM-KISAN)

Points to remember:

1. Scheme to provide direct income support at the rate of Rs. 6,000 per year.
• Amount  to transferred directly into the bank accounts of beneficiary farmers, in three equal installments of Rs. 2,000 each.
• Transfer to be made in Aadhar linked-bank accounts of farmers.
2. Totally Centrally funded Scheme to benefit around 14.5 crore beneficiaries.
3. Launched by Prime Minister in February 2019, in Gorakhpur.
4. All land holding eligible farmer families (subject to the prevalent exclusion criteria) would avail of the benefits under this scheme. It excludes:
• Former or present holders of any constitutional posts;
• Former or Present (Ministers, State Ministers, MPs of Lok Sabha and Rajya Sabha, State Legislative Councils or Assemblies, Mayors of Municipal Corporations and Chairpersons of district panchayat).
• Income Tax payers. 
5. State/UT Governments will be responsible for identification of beneficiaries.

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