You would know that under the Pradhan Mantri Kisan Samman Nidhi Yojana, farmers get ₹6000 annually in three installments. But perhaps you would not know about the annual 36000 rupees received as pension under this scheme.
Actually, with the opening of an account under the PM Kisan Yojana, registration is also done automatically in the PM Kisan Manadhan Yojana. Under the PM Kisan Maandhan Yojana, 3 thousand rupees are given as a pension to farmers above 60 years of age. In this way, there is a benefit of at least 36 thousand rupees as a pension in a year.
The farmers get 6 thousand rupees from PM Kisan Yojana. At the same time, a contribution of ₹55 per month and a maximum ₹200 goes into the pension scheme. Thus, the maximum contribution in the year is ₹2400 and the minimum contribution is ₹660. Now reduce the maximum contribution from ₹6 thousand to ₹2400, then ₹3600 will be left in the PM Kisan Yojana account.
By this process, when you are over 60 years of age, then you will get a pension of 3 thousand rupees every month, as well as 3 installments of 2 thousand rupees. In this way, after the age of 60 years, farmers will be able to take a total benefit of 42 thousand rupees annually.