One of the most difficulties experiencing peoples in our country are farmers . No matter how hard they try,but they will only get that day. They cannot earn. Therefore they do not have any financial security. The P M K M Y is a scheme for the farmers launched by the central government from 2019 – 2020.
The main purpose of this scheme is to ensure financial support to the farmers, as they reach a certain age .
- It is a scheme which provides a monthly income of Rs 3000 to eligible farmers from the age of 60 years.
- Thus a farmer can get up to Rs 36000 a year.
- About 20 lakh farmers are already registered .
- Age limit is 18 to 40 years old.
- You can invest from Rs 55 to Rs 250 .
- Investing according to the age.
- How much you invest ,the central government invested equivalent amount.
- From the age of 60 years,you start getting Rs 3000 .
- Farmers who are currently members of Pradhan mantri Kisan scheme, can join the Pradhanmantri Kisan mandhan Yojana.
- You can transfer a certain amount directly to the Pradhanmantri Kisan Mandan Yojana from the pension amount you received from the Pradhan Mantri Kisan scheme.It does not need to be paid in particular amount.
- There is no need to submit any documents specifically for joining Pradhan Mantri Kisan Manthan Yojana from Pradhan Mantri Kisan scheme .
- Farmers who have own 2 hectares of farmland ,can join this scheme .
- If a person dies after joined in this scheme ,before reaching the age of pension, his wife can continue.
- If they are not willing to continue , nominee will receive the payment and interest.
- If the farmer dies after the age of 60 years ,the farmer’s wife receives 50 % of the pension amount as family pension.
- If you leave the scheme only for a minimum period of 5 years ,you will get the money back. You will get 5 years of paid up amount and interest.
- The fund is managed by LIC.
- Farmers with up to 2 hectares of farmland ,should join this scheme as soon as possible.
- As the age decreases so do, monthly payments will be less.
- The first month payment should be done when joining.
- Upon payment ,you will get a pension number and kisan card
How to register
- You can join this scheme through Akshaya or online .
- you can register yourself on the Pradhan mantri Kisan Manthan Yojana website.
Documents
- Aadhar card
- Savings bank account
- IFSC code