The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme’s main objective is to give small and marginal farmers in India direct income support. The program provides farmers with a certain amount of cash support in an effort to address their financial needs and ease their income misery.
The PM-KISAN system has several primary goals, including:
Income support: The primary goal of the program is to directly assist farmers with their income by sending a set amount of money into their bank accounts. The money is intended to help farmers boost their income and support their agricultural endeavors.
Small and marginal farmers will benefit from the program because they may have limited resources and find it difficult to acquire finance and other financial services. It attempts to give them a dependable source of revenue to cover their agricultural costs and enhance their standard of living.
Increase agricultural productivity: By guaranteeing that farmers have a steady income, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme indirectly helps to increase agricultural productivity. It makes it possible for farmers to spend money on agricultural inputs like seeds, fertilizer, and equipment, enhancing their farming methods and crop yields.
