Get Rs.36 thousand per year on investment of just Rs.55

The ‘Pradhan Mantri Kisan Maandhan Yojana’ is being run by the central government for the farmers of the country. Under this scheme, the assistance of Rs 36,000 is provided annually to farmers 60 years of age and above. That is, about 3000 rupees are provided as pensions every month to the beneficiary farmers.

Under this scheme, small and marginal farmers of the country are being benefitted. At the same time, the special feature of the scheme is that if the pension holder dies, then 50% of his pension is given to his wife as assistance. However, only the farmer or his wife can take advantage of this scheme.

Eligibility for receiving pension

Applicant farmers should have cultivable land. Let us tell you that only those farmers will get the benefit of this scheme, who are not getting the benefit of other government schemes. Once the application is accepted, the beneficiary can start investing an amount ranging from Rs.55 to Rs.200. He has to invest this amount continuously till the age of 60 years.

Scheme application process

To apply for the scheme, the farmer’s age should be between 18 to 40 years. For this, eligible farmers can apply online by visiting the official website of Pradhan Mantri Kisan Maandhan Yojana. Or you can apply offline by visiting any of your nearest Common Service Centers.

Source: Krishi Jagran

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