Farmers will get 42,000 rupees annually- know the whole process

27/02/2022Posted on
Pradhan Mantri Kisan Samman Nidhi

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.

Source: Krishi Jagran

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PM Kisan Maan dhan Yojana: Farmers will get pension of 3,000 rupees per months

17/03/2020Posted on

Many farmers in our country have to face financial problems due to different reasons. This problem increases further when the farmer gets older. Keeping this in mind, the government has launched the Pradhan Mantri Kisan Man-Dhan Yojana. Under this scheme, the farmers will receive a pension of Rs 3000 per month in their old ages. 

Who can apply?

Farmers under 18 to 40 years of age can register for the Prime Minister Kisan Mandhan scheme. If you are 18 years old, then you would have to deposit only 55 rupees every month. But if you are 40, then you would require to deposit 200 rupees per month.  

According to a media report, more than 19 lakh farmers have already registered under this scheme. The best thing about this scheme is that the government will also deposit the amount in your account, which will be equal to what you put in it.

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