What is pm kisan samman nidhi yojana?
The PM Kisan Samman Nidhi Yojana 2021, announced in the Union Budget 2019, is a scheme designed for farmers belonging to the family of farmers who had committed suicide during the period. It is a debt relief scheme where farmers can apply for debt relief of up to Rs 2 lakh.
The PM Kisan Samman Nidhi Yojana 2021, announced in the Union Budget 2019, is a scheme designed for farmers belonging to the family of farmers who had committed suicide during the period.
It is a debt relief scheme where farmers can apply for debt relief of up to Rs 2 lakh. They can avail of two kinds of debt relief
– first, it is the sum of amount of the kisan credit (or kisan kroshak) that any farmer would have availed of, and
second, any amount that could have been paid by the farmer as interest, with interest rates varying from 1.25% to 2% depending on the area.
PM Kisan Samman Nidhi Yojana 2021
The scheme aims to promote value addition in farming and to ensure that more farmers produce
Debt relief is a system of financial assistance given to individuals or businesses who are suffering from economic hardship. When a consumer borrows money from a bank or a financial company, the lender calls the loan a ‘debt’.
If the bank or the financial company decides to forgive the loan, they call this an ‘adjustment’. The word ‘adjustment’ is used in the same way when companies forgive or reduce the amount owed by a business for items like raw material used, or a customer who has paid late or in full for a product or service.
- PM Kisan is a Central Sector conspire with 100% financing from Government of India.
- It has become functional from 1.12.2018.
- Under the plan a pay backing of 6,000/ – each year in three equivalent portions will be given to all land holding rancher families.
- Meaning of family for the plan is spouse, wife and minor kids.
- State Government and UT organization will recognize the rancher families which are qualified for help according to plot rules.
- The asset will be straightforwardly moved to the ledgers of the recipients.
- There are different Exclusion Categories for the plan.
Visit official website for PM Kisan Samman Nidhi Yojana
pm kisan samman nidhi yojana online apply kisan registration | PM Kisan Samman Nidhi Yojana
Stage 1: Visit your closest bank office and convey your Aadhaar card with you.
Stage 2: In presence of a bank official, sign on the copy of your Aadhaar card.
Stage 3: Online cultivating will then, at that point, be finished by your bank after Aadhaar card is confirmed.
Stage 4: Your 12-digit Aadhaar number will be filled in your record after this
Stage 5: Once the cycle is finished, you will get a SMS as affirmation.